Hubei Xinyangfeng Fertilizer Co Ltd (000902) — Working Capital to Net Assets Ratio
Hubei Xinyangfeng Fertilizer Co Ltd (000902) has a Working Capital to Net Assets ratio of 25.3% as of September 2025. Working capital of CN¥3.05 Billion (current assets of CN¥8.58 Billion minus current liabilities of CN¥5.53 Billion) is measured against net assets of CN¥12.07 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Hubei Xinyangfeng Fertilizer Co Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Hubei Xinyangfeng Fertilizer Co Ltd Working Capital to Net Assets (1996–2024)
This chart shows how Hubei Xinyangfeng Fertilizer Co Ltd's Working Capital to Net Assets ratio has evolved across 29 annual periods from 1996 to 2024. As of September 2025, the ratio stands at 25.3%, reflecting working capital of CN¥3.05 Billion against net assets of CN¥12.07 Billion CNY. For the complete balance sheet picture, see how large is Hubei Xinyangfeng Fertilizer Co Ltd's balance sheet.
Annual Working Capital to Net Assets for Hubei Xinyangfeng Fertilizer Co Ltd (1996–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Hubei Xinyangfeng Fertilizer Co Ltd from 1996 to 2024, covering 29 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check 000902 financial resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 21.2% | CN¥2.33 Billion | CN¥11.00 Billion | CN¥7.35 Billion | CN¥5.02 Billion | ▲ +7.9 pp |
| 2023 | 13.3% | CN¥1.33 Billion | CN¥10.01 Billion | CN¥6.33 Billion | CN¥5.00 Billion | ▲ +2.3 pp |
| 2022 | 10.9% | CN¥986.12 Million | CN¥9.01 Billion | CN¥7.22 Billion | CN¥6.23 Billion | ▼ -20.4 pp |
| 2021 | 31.4% | CN¥2.58 Billion | CN¥8.22 Billion | CN¥6.26 Billion | CN¥3.69 Billion | ▼ -8.2 pp |
| 2020 | 39.6% | CN¥2.82 Billion | CN¥7.12 Billion | CN¥6.44 Billion | CN¥3.62 Billion | ▼ -8.9 pp |
| 2019 | 48.5% | CN¥3.25 Billion | CN¥6.70 Billion | CN¥5.73 Billion | CN¥2.48 Billion | ▲ +5.6 pp |
| 2018 | 42.9% | CN¥2.74 Billion | CN¥6.38 Billion | CN¥5.25 Billion | CN¥2.51 Billion | ▲ +1.5 pp |
| 2017 | 41.5% | CN¥2.42 Billion | CN¥5.84 Billion | CN¥5.21 Billion | CN¥2.79 Billion | ▲ +11.8 pp |
| 2016 | 29.7% | CN¥1.58 Billion | CN¥5.34 Billion | CN¥4.04 Billion | CN¥2.45 Billion | ▼ -12.6 pp |
| 2015 | 42.2% | CN¥2.11 Billion | CN¥5.00 Billion | CN¥4.01 Billion | CN¥1.90 Billion | ▲ +19.8 pp |
| 2014 | 22.4% | CN¥653.35 Million | CN¥2.92 Billion | CN¥2.74 Billion | CN¥2.09 Billion | ▲ +69.0 pp |
| 2013 | -46.6% | CN¥-138.64 Million | CN¥297.39 Million | CN¥899.15 Million | CN¥1.04 Billion | ▼ -27.6 pp |
| 2012 | -19.0% | CN¥-68.84 Million | CN¥362.31 Million | CN¥716.03 Million | CN¥784.88 Million | ▼ -14.0 pp |
| 2011 | -5.0% | CN¥-20.38 Million | CN¥409.30 Million | CN¥784.15 Million | CN¥804.53 Million | ▲ +17.5 pp |
| 2010 | -22.4% | CN¥-93.29 Million | CN¥415.63 Million | CN¥787.75 Million | CN¥881.04 Million | ▼ -1.5 pp |
| 2009 | -21.0% | CN¥-84.43 Million | CN¥402.47 Million | CN¥778.32 Million | CN¥862.75 Million | ▼ -29.9 pp |
| 2008 | 8.9% | CN¥40.41 Million | CN¥452.01 Million | CN¥774.47 Million | CN¥734.06 Million | ▼ -20.7 pp |
| 2007 | 29.7% | CN¥151.55 Million | CN¥510.99 Million | CN¥831.12 Million | CN¥679.57 Million | ▼ -1.1 pp |
| 2006 | 30.7% | CN¥158.96 Million | CN¥517.28 Million | CN¥854.47 Million | CN¥695.50 Million | ▲ +0.9 pp |
| 2005 | 29.9% | CN¥135.46 Million | CN¥453.43 Million | CN¥818.67 Million | CN¥683.20 Million | ▼ -27.1 pp |
| 2004 | 57.0% | CN¥238.20 Million | CN¥417.86 Million | CN¥748.64 Million | CN¥510.43 Million | ▲ +16.1 pp |
| 2003 | 40.9% | CN¥149.50 Million | CN¥365.51 Million | CN¥728.72 Million | CN¥579.22 Million | ▼ -7.4 pp |
| 2002 | 48.3% | CN¥244.02 Million | CN¥505.67 Million | CN¥720.61 Million | CN¥476.59 Million | ▲ +12.7 pp |
| 2001 | 35.5% | CN¥184.79 Million | CN¥520.24 Million | CN¥757.07 Million | CN¥572.29 Million | ▼ -2.0 pp |
| 2000 | 37.5% | CN¥223.74 Million | CN¥596.51 Million | CN¥682.57 Million | CN¥458.83 Million | ▼ -2.0 pp |
| 1999 | 39.5% | CN¥234.21 Million | CN¥593.39 Million | CN¥585.04 Million | CN¥350.83 Million | ▲ +18.5 pp |
| 1998 | 21.0% | CN¥58.36 Million | CN¥277.70 Million | CN¥235.97 Million | CN¥177.61 Million | ▲ +22.1 pp |
| 1997 | -1.1% | CN¥-2.42 Million | CN¥218.80 Million | CN¥176.57 Million | CN¥178.98 Million | ▼ -10.7 pp |
| 1996 | 9.5% | CN¥14.77 Million | CN¥154.71 Million | CN¥123.59 Million | CN¥108.82 Million | — |