Wangneng Environment Co Ltd (002034) — Working Capital to Net Assets Ratio
Wangneng Environment Co Ltd (002034) has a Working Capital to Net Assets ratio of -10.3% as of March 2026. Working capital of CN¥-778.32 Million (current assets of CN¥2.46 Billion minus current liabilities of CN¥3.24 Billion) is measured against net assets of CN¥7.57 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Wangneng Environment Co Ltd balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Wangneng Environment Co Ltd Working Capital to Net Assets (2001–2025)
This chart shows how Wangneng Environment Co Ltd's Working Capital to Net Assets ratio has evolved across 25 annual periods from 2001 to 2025. As of March 2026, the ratio stands at -10.3%, reflecting working capital of CN¥-778.32 Million against net assets of CN¥7.57 Billion CNY. Check how tangible is Wangneng Environment Co Ltd's equity to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Wangneng Environment Co Ltd (2001–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Wangneng Environment Co Ltd from 2001 to 2025, covering 25 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 Wangneng Environment Co Ltd market capitalisation.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -14.0% | CN¥-1.03 Billion | CN¥7.35 Billion | CN¥2.40 Billion | CN¥3.43 Billion | ▼ -15.2 pp |
| 2024 | 1.1% | CN¥77.81 Million | CN¥6.77 Billion | CN¥2.44 Billion | CN¥2.36 Billion | ▲ +4.9 pp |
| 2023 | -3.7% | CN¥-241.20 Million | CN¥6.50 Billion | CN¥2.08 Billion | CN¥2.33 Billion | ▼ -4.1 pp |
| 2022 | 0.4% | CN¥23.28 Million | CN¥6.27 Billion | CN¥2.40 Billion | CN¥2.38 Billion | ▼ -1.8 pp |
| 2021 | 2.2% | CN¥117.42 Million | CN¥5.41 Billion | CN¥2.10 Billion | CN¥1.98 Billion | ▼ -15.0 pp |
| 2020 | 17.2% | CN¥821.41 Million | CN¥4.79 Billion | CN¥2.58 Billion | CN¥1.75 Billion | ▲ +13.3 pp |
| 2019 | 3.9% | CN¥160.44 Million | CN¥4.13 Billion | CN¥1.43 Billion | CN¥1.27 Billion | ▼ -9.0 pp |
| 2018 | 12.8% | CN¥469.53 Million | CN¥3.66 Billion | CN¥1.19 Billion | CN¥722.44 Million | ▼ -10.5 pp |
| 2017 | 23.3% | CN¥779.50 Million | CN¥3.34 Billion | CN¥1.47 Billion | CN¥686.42 Million | ▼ -31.4 pp |
| 2016 | 54.8% | CN¥463.39 Million | CN¥846.11 Million | CN¥696.92 Million | CN¥233.52 Million | ▲ +32.9 pp |
| 2015 | 21.9% | CN¥108.05 Million | CN¥493.35 Million | CN¥399.89 Million | CN¥291.85 Million | ▲ +66.9 pp |
| 2014 | -45.0% | CN¥-237.28 Million | CN¥527.34 Million | CN¥469.93 Million | CN¥707.21 Million | ▼ -28.2 pp |
| 2013 | -16.8% | CN¥-113.73 Million | CN¥676.48 Million | CN¥649.99 Million | CN¥763.73 Million | ▼ -14.3 pp |
| 2012 | -2.5% | CN¥-16.48 Million | CN¥657.90 Million | CN¥844.63 Million | CN¥861.12 Million | ▼ -13.4 pp |
| 2011 | 10.9% | CN¥72.92 Million | CN¥671.44 Million | CN¥838.42 Million | CN¥765.50 Million | ▲ +21.5 pp |
| 2010 | -10.6% | CN¥-57.89 Million | CN¥546.35 Million | CN¥581.84 Million | CN¥639.73 Million | ▲ +11.1 pp |
| 2009 | -21.7% | CN¥-114.68 Million | CN¥529.48 Million | CN¥569.91 Million | CN¥684.59 Million | ▲ +21.8 pp |
| 2008 | -43.5% | CN¥-214.40 Million | CN¥493.33 Million | CN¥479.58 Million | CN¥693.98 Million | ▼ -6.1 pp |
| 2007 | -37.4% | CN¥-203.42 Million | CN¥544.24 Million | CN¥682.76 Million | CN¥886.18 Million | ▼ -31.0 pp |
| 2006 | -6.4% | CN¥-29.23 Million | CN¥457.65 Million | CN¥337.11 Million | CN¥366.34 Million | ▼ -6.6 pp |
| 2005 | 0.2% | CN¥888.19K | CN¥446.65 Million | CN¥335.41 Million | CN¥334.52 Million | ▼ -37.7 pp |
| 2004 | 37.9% | CN¥160.95 Million | CN¥424.84 Million | CN¥415.31 Million | CN¥254.36 Million | ▲ +78.2 pp |
| 2003 | -40.4% | CN¥-55.10 Million | CN¥136.53 Million | CN¥219.65 Million | CN¥274.75 Million | ▼ -27.8 pp |
| 2002 | -12.5% | CN¥-11.99 Million | CN¥95.69 Million | CN¥169.66 Million | CN¥181.65 Million | ▲ +16.4 pp |
| 2001 | -28.9% | CN¥-16.57 Million | CN¥57.26 Million | CN¥105.91 Million | CN¥122.48 Million | — |