Qingdao Kingking Applied Chemistry Co Ltd Working Capital to Net Assets Ratio
Qingdao Kingking Applied Chemistry Co Ltd working capital to net assets ratio. Qingdao Kingking Applied Chemistry Co Ltd (002094) has a Working Capital to Net Assets ratio of 34.3% as of September 2025. Working capital of CN¥534.72 Million (current assets of CN¥2.12 Billion minus current liabilities of CN¥1.58 Billion) is measured against net assets of CN¥1.56 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check 002094 tangible net worth ratio 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 Qingdao Kingking Applied Chemistry Co Ltd (2003–2024)
Working capital to net assets ratio of Qingdao Kingking Applied Chemistry Co Ltd from 2003 to 2024. This chart shows how Qingdao Kingking Applied Chemistry Co Ltd's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2003 to 2024. As of September 2025, the ratio stands at 34.3%, reflecting working capital of CN¥534.72 Million against net assets of CN¥1.56 Billion CNY. See Qingdao Kingking Applied Chemistry Co Lt defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Qingdao Kingking Applied Chemistry Co Ltd Working Capital to Net Assets Ratio by Year (2003–2024)
Qingdao Kingking Applied Chemistry Co Ltd working capital to net assets ratio by year from 2003 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Qingdao Kingking Applied Chemistry Co Ltd from 2003 to 2024, covering 22 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 total assets of Qingdao Kingking Applied Chemistry Co Lt.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 35.3% | CN¥526.30 Million | CN¥1.49 Billion | CN¥2.14 Billion | CN¥1.62 Billion | ▲ +5.7 pp |
| 2023 | 29.5% | CN¥431.35 Million | CN¥1.46 Billion | CN¥2.12 Billion | CN¥1.68 Billion | ▼ -6.0 pp |
| 2022 | 35.6% | CN¥521.54 Million | CN¥1.47 Billion | CN¥2.27 Billion | CN¥1.75 Billion | ▼ -15.6 pp |
| 2021 | 51.2% | CN¥1.25 Billion | CN¥2.45 Billion | CN¥3.36 Billion | CN¥2.11 Billion | ▼ -9.1 pp |
| 2020 | 60.2% | CN¥1.67 Billion | CN¥2.77 Billion | CN¥3.54 Billion | CN¥1.87 Billion | ▼ -1.9 pp |
| 2019 | 62.2% | CN¥2.11 Billion | CN¥3.39 Billion | CN¥4.18 Billion | CN¥2.08 Billion | ▲ +3.5 pp |
| 2018 | 58.7% | CN¥1.98 Billion | CN¥3.37 Billion | CN¥3.61 Billion | CN¥1.63 Billion | ▲ +19.7 pp |
| 2017 | 39.0% | CN¥1.12 Billion | CN¥2.87 Billion | CN¥2.58 Billion | CN¥1.47 Billion | ▼ -2.9 pp |
| 2016 | 41.9% | CN¥806.09 Million | CN¥1.92 Billion | CN¥1.58 Billion | CN¥778.71 Million | ▲ +3.0 pp |
| 2015 | 38.9% | CN¥312.87 Million | CN¥803.99 Million | CN¥1.20 Billion | CN¥888.06 Million | ▼ -8.8 pp |
| 2014 | 47.7% | CN¥301.73 Million | CN¥632.76 Million | CN¥698.28 Million | CN¥396.55 Million | ▼ -50.9 pp |
| 2013 | 98.6% | CN¥594.75 Million | CN¥603.44 Million | CN¥851.71 Million | CN¥256.97 Million | ▼ -8.7 pp |
| 2012 | 107.2% | CN¥592.55 Million | CN¥552.57 Million | CN¥860.95 Million | CN¥268.41 Million | ▲ +39.0 pp |
| 2011 | 68.2% | CN¥341.57 Million | CN¥500.91 Million | CN¥741.90 Million | CN¥400.33 Million | ▲ +19.3 pp |
| 2010 | 48.9% | CN¥225.57 Million | CN¥461.54 Million | CN¥642.13 Million | CN¥416.55 Million | ▼ -13.7 pp |
| 2009 | 62.6% | CN¥271.89 Million | CN¥434.49 Million | CN¥621.63 Million | CN¥349.73 Million | ▼ -5.0 pp |
| 2008 | 67.6% | CN¥310.74 Million | CN¥459.68 Million | CN¥522.50 Million | CN¥211.75 Million | ▼ -6.4 pp |
| 2007 | 74.0% | CN¥337.37 Million | CN¥455.94 Million | CN¥668.79 Million | CN¥331.42 Million | ▲ +3.6 pp |
| 2006 | 70.4% | CN¥297.77 Million | CN¥422.70 Million | CN¥523.24 Million | CN¥225.48 Million | ▲ +35.3 pp |
| 2005 | 35.1% | CN¥51.18 Million | CN¥145.72 Million | CN¥238.86 Million | CN¥187.68 Million | ▲ +1.0 pp |
| 2004 | 34.1% | CN¥40.12 Million | CN¥117.73 Million | CN¥132.52 Million | CN¥92.40 Million | ▼ -14.3 pp |
| 2003 | 48.4% | CN¥39.79 Million | CN¥82.23 Million | CN¥122.32 Million | CN¥82.53 Million | — |