Zheshang Development Group Co Ltd (000906) — Working Capital to Net Assets Ratio
Zheshang Development Group Co Ltd (000906) has a Working Capital to Net Assets ratio of 102.3% as of September 2025. Working capital of CN¥8.74 Billion (current assets of CN¥50.23 Billion minus current liabilities of CN¥41.48 Billion) is measured against net assets of CN¥8.55 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 000906 net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Zheshang Development Group Co Ltd Working Capital to Net Assets (1996–2024)
This chart shows how Zheshang Development Group 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 102.3%, reflecting working capital of CN¥8.74 Billion against net assets of CN¥8.55 Billion CNY. Check Zheshang Development Group Co Ltd (000906) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Zheshang Development Group Co Ltd (1996–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Zheshang Development Group 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. For live market cap and the full company profile, see 000906 market cap.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 70.2% | CN¥6.55 Billion | CN¥9.33 Billion | CN¥31.78 Billion | CN¥25.23 Billion | ▼ -2.9 pp |
| 2023 | 73.1% | CN¥6.91 Billion | CN¥9.45 Billion | CN¥31.55 Billion | CN¥24.64 Billion | ▼ -0.6 pp |
| 2022 | 73.8% | CN¥5.73 Billion | CN¥7.77 Billion | CN¥23.70 Billion | CN¥17.97 Billion | ▲ +4.9 pp |
| 2021 | 68.9% | CN¥4.39 Billion | CN¥6.38 Billion | CN¥20.85 Billion | CN¥16.46 Billion | ▲ +5.4 pp |
| 2020 | 63.4% | CN¥2.80 Billion | CN¥4.41 Billion | CN¥16.46 Billion | CN¥13.66 Billion | ▲ +0.2 pp |
| 2019 | 63.2% | CN¥2.14 Billion | CN¥3.38 Billion | CN¥13.35 Billion | CN¥11.21 Billion | ▲ +0.6 pp |
| 2018 | 62.7% | CN¥1.84 Billion | CN¥2.94 Billion | CN¥10.27 Billion | CN¥8.42 Billion | ▲ +2.3 pp |
| 2017 | 60.4% | CN¥1.64 Billion | CN¥2.72 Billion | CN¥9.37 Billion | CN¥7.73 Billion | ▲ +7.5 pp |
| 2016 | 52.9% | CN¥993.78 Million | CN¥1.88 Billion | CN¥6.04 Billion | CN¥5.04 Billion | ▼ -10.9 pp |
| 2015 | 63.8% | CN¥1.13 Billion | CN¥1.77 Billion | CN¥5.02 Billion | CN¥3.89 Billion | ▲ +12.1 pp |
| 2014 | 51.6% | CN¥742.48 Million | CN¥1.44 Billion | CN¥4.48 Billion | CN¥3.74 Billion | ▼ -6.2 pp |
| 2013 | 57.9% | CN¥823.27 Million | CN¥1.42 Billion | CN¥3.58 Billion | CN¥2.76 Billion | ▼ -0.6 pp |
| 2012 | 58.5% | CN¥811.45 Million | CN¥1.39 Billion | CN¥3.27 Billion | CN¥2.45 Billion | ▲ +23.0 pp |
| 2011 | 35.6% | CN¥489.67 Million | CN¥1.38 Billion | CN¥3.42 Billion | CN¥2.93 Billion | ▼ -9.4 pp |
| 2010 | 45.0% | CN¥509.94 Million | CN¥1.13 Billion | CN¥2.71 Billion | CN¥2.20 Billion | ▲ +105.7 pp |
| 2009 | -60.8% | CN¥-226.90 Million | CN¥373.35 Million | CN¥1.25 Billion | CN¥1.48 Billion | ▲ +13.1 pp |
| 2008 | -73.9% | CN¥-305.26 Million | CN¥413.18 Million | CN¥930.55 Million | CN¥1.24 Billion | ▲ +78.7 pp |
| 2007 | -152.6% | CN¥-473.74 Million | CN¥310.41 Million | CN¥518.94 Million | CN¥992.68 Million | ▼ -52.7 pp |
| 2006 | -99.9% | CN¥-371.29 Million | CN¥371.51 Million | CN¥532.79 Million | CN¥904.08 Million | ▼ -45.1 pp |
| 2005 | -54.8% | CN¥-231.39 Million | CN¥421.97 Million | CN¥613.30 Million | CN¥844.68 Million | ▲ +8.9 pp |
| 2004 | -63.7% | CN¥-299.79 Million | CN¥470.42 Million | CN¥629.45 Million | CN¥929.25 Million | ▼ -16.4 pp |
| 2003 | -47.4% | CN¥-228.04 Million | CN¥481.31 Million | CN¥516.37 Million | CN¥744.41 Million | ▲ +4.2 pp |
| 2002 | -51.6% | CN¥-232.13 Million | CN¥449.91 Million | CN¥455.92 Million | CN¥688.05 Million | ▼ -37.6 pp |
| 2001 | -14.0% | CN¥-52.84 Million | CN¥376.30 Million | CN¥466.12 Million | CN¥518.96 Million | ▼ -24.1 pp |
| 2000 | 10.1% | CN¥36.72 Million | CN¥363.84 Million | CN¥386.41 Million | CN¥349.69 Million | ▼ -34.6 pp |
| 1999 | 44.7% | CN¥146.73 Million | CN¥328.27 Million | CN¥504.00 Million | CN¥357.26 Million | ▼ -0.3 pp |
| 1998 | 45.0% | CN¥66.58 Million | CN¥148.00 Million | CN¥353.35 Million | CN¥286.77 Million | ▼ -3.6 pp |
| 1997 | 48.5% | CN¥58.43 Million | CN¥120.36 Million | CN¥330.13 Million | CN¥271.70 Million | ▼ -4.1 pp |
| 1996 | 52.6% | CN¥62.05 Million | CN¥117.94 Million | CN¥305.67 Million | CN¥243.63 Million | — |