Guangzhou Friendship Group Co Ltd Working Capital to Net Assets Ratio
Guangzhou Friendship Group Co Ltd working capital to net assets ratio. Guangzhou Friendship Group Co Ltd (000987) has a Working Capital to Net Assets ratio of 65.3% as of June 2026. Working capital of CN¥34.23 Billion (current assets of CN¥104.41 Billion minus current liabilities of CN¥70.19 Billion) is measured against net assets of CN¥52.43 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check how tangible is Guangzhou Friendship Group Co Ltd's equity to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Guangzhou Friendship Group Co Ltd (1997–2025)
Working capital to net assets ratio of Guangzhou Friendship Group Co Ltd from 1997 to 2025. This chart shows how Guangzhou Friendship Group Co Ltd's Working Capital to Net Assets ratio has evolved across 29 annual periods from 1997 to 2025. As of June 2026, the ratio stands at 65.3%, reflecting working capital of CN¥34.23 Billion against net assets of CN¥52.43 Billion CNY. See 000987 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Guangzhou Friendship Group Co Ltd Working Capital to Net Assets Ratio by Year (1997–2025)
Guangzhou Friendship Group Co Ltd working capital to net assets ratio by year from 1997 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Guangzhou Friendship Group Co Ltd from 1997 to 2025, 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 the complete balance sheet picture, see 000987 current and non-current assets.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 55.7% | CN¥27.83 Billion | CN¥49.99 Billion | CN¥100.54 Billion | CN¥72.71 Billion | ▼ -28.3 pp |
| 2024 | 84.0% | CN¥38.57 Billion | CN¥45.91 Billion | CN¥119.41 Billion | CN¥80.84 Billion | ▼ -7.3 pp |
| 2023 | 91.3% | CN¥37.93 Billion | CN¥41.55 Billion | CN¥104.84 Billion | CN¥66.91 Billion | ▲ +36.4 pp |
| 2022 | 54.9% | CN¥21.50 Billion | CN¥39.14 Billion | CN¥96.08 Billion | CN¥74.58 Billion | ▼ -26.3 pp |
| 2021 | 81.2% | CN¥28.84 Billion | CN¥35.52 Billion | CN¥86.96 Billion | CN¥58.12 Billion | ▲ +17.3 pp |
| 2020 | 63.9% | CN¥20.03 Billion | CN¥31.33 Billion | CN¥64.92 Billion | CN¥44.90 Billion | ▼ -17.8 pp |
| 2019 | 81.8% | CN¥19.07 Billion | CN¥23.33 Billion | CN¥77.63 Billion | CN¥58.56 Billion | ▲ +167.2 pp |
| 2018 | -85.5% | CN¥-16.35 Billion | CN¥19.13 Billion | CN¥15.74 Billion | CN¥32.10 Billion | ▼ -18.4 pp |
| 2017 | -67.1% | CN¥-12.30 Billion | CN¥18.34 Billion | CN¥14.38 Billion | CN¥26.68 Billion | ▼ -139.3 pp |
| 2016 | 72.3% | CN¥12.67 Billion | CN¥17.53 Billion | CN¥41.56 Billion | CN¥28.88 Billion | ▲ +5.2 pp |
| 2015 | 67.1% | CN¥1.49 Billion | CN¥2.22 Billion | CN¥2.58 Billion | CN¥1.09 Billion | ▲ +2.0 pp |
| 2014 | 65.0% | CN¥1.42 Billion | CN¥2.18 Billion | CN¥2.68 Billion | CN¥1.26 Billion | ▼ -5.2 pp |
| 2013 | 70.3% | CN¥1.47 Billion | CN¥2.09 Billion | CN¥2.98 Billion | CN¥1.51 Billion | ▼ -9.2 pp |
| 2012 | 79.5% | CN¥1.56 Billion | CN¥1.96 Billion | CN¥3.14 Billion | CN¥1.58 Billion | ▲ +8.2 pp |
| 2011 | 71.3% | CN¥1.25 Billion | CN¥1.76 Billion | CN¥2.87 Billion | CN¥1.62 Billion | ▲ +8.8 pp |
| 2010 | 62.4% | CN¥959.72 Million | CN¥1.54 Billion | CN¥2.31 Billion | CN¥1.35 Billion | ▼ -13.2 pp |
| 2009 | 75.6% | CN¥996.76 Million | CN¥1.32 Billion | CN¥1.93 Billion | CN¥932.63 Million | ▲ +6.2 pp |
| 2008 | 69.4% | CN¥799.25 Million | CN¥1.15 Billion | CN¥1.62 Billion | CN¥820.84 Million | ▲ +7.4 pp |
| 2007 | 62.0% | CN¥609.06 Million | CN¥982.04 Million | CN¥1.34 Billion | CN¥732.20 Million | ▲ +10.0 pp |
| 2006 | 52.1% | CN¥445.46 Million | CN¥855.56 Million | CN¥1.04 Billion | CN¥589.59 Million | ▲ +9.5 pp |
| 2005 | 42.5% | CN¥319.78 Million | CN¥751.62 Million | CN¥761.51 Million | CN¥441.73 Million | ▲ +7.8 pp |
| 2004 | 34.8% | CN¥238.17 Million | CN¥684.77 Million | CN¥587.90 Million | CN¥349.73 Million | ▲ +6.0 pp |
| 2003 | 28.8% | CN¥190.37 Million | CN¥660.29 Million | CN¥521.26 Million | CN¥330.89 Million | ▲ +0.8 pp |
| 2002 | 28.0% | CN¥179.51 Million | CN¥640.46 Million | CN¥344.38 Million | CN¥164.87 Million | ▼ -0.7 pp |
| 2001 | 28.7% | CN¥172.23 Million | CN¥599.53 Million | CN¥321.79 Million | CN¥149.56 Million | ▲ +4.4 pp |
| 2000 | 24.3% | CN¥141.87 Million | CN¥584.24 Million | CN¥338.04 Million | CN¥196.16 Million | ▲ +52.7 pp |
| 1999 | -28.4% | CN¥-94.66 Million | CN¥332.80 Million | CN¥305.54 Million | CN¥400.21 Million | ▼ -5.2 pp |
| 1998 | -23.2% | CN¥-73.32 Million | CN¥315.68 Million | CN¥261.64 Million | CN¥334.96 Million | ▲ +6.6 pp |
| 1997 | -29.8% | CN¥-86.00 Million | CN¥288.67 Million | CN¥290.37 Million | CN¥376.37 Million | — |