Hunan Nanling Industrial Explosive Materials Co Ltd (002096) — Working Capital to Net Assets Ratio
Hunan Nanling Industrial Explosive Materials Co Ltd (002096) has a Working Capital to Net Assets ratio of 47.5% as of March 2026. Working capital of CN¥4.10 Billion (current assets of CN¥7.22 Billion minus current liabilities of CN¥3.11 Billion) is measured against net assets of CN¥8.63 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial agility of Hunan Nanling Industrial Explosive Mater to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Hunan Nanling Industrial Explosive Materials Co Ltd Working Capital to Net Assets (2003–2025)
This chart shows how Hunan Nanling Industrial Explosive Materials Co Ltd's Working Capital to Net Assets ratio has evolved across 23 annual periods from 2003 to 2025. As of March 2026, the ratio stands at 47.5%, reflecting working capital of CN¥4.10 Billion against net assets of CN¥8.63 Billion CNY. See Hunan Nanling Industrial Explosive Mater (002096) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Hunan Nanling Industrial Explosive Materials Co Ltd (2003–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Hunan Nanling Industrial Explosive Materials Co Ltd from 2003 to 2025, covering 23 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 Hunan Nanling Industrial Explosive Mater stock valuation.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 46.8% | CN¥3.99 Billion | CN¥8.51 Billion | CN¥6.93 Billion | CN¥2.94 Billion | ▼ -0.2 pp |
| 2024 | 47.1% | CN¥3.66 Billion | CN¥7.78 Billion | CN¥6.19 Billion | CN¥2.52 Billion | ▲ +0.8 pp |
| 2023 | 46.3% | CN¥3.37 Billion | CN¥7.28 Billion | CN¥5.77 Billion | CN¥2.40 Billion | ▼ -4.2 pp |
| 2022 | 50.5% | CN¥1.27 Billion | CN¥2.51 Billion | CN¥2.93 Billion | CN¥1.66 Billion | ▲ +30.7 pp |
| 2021 | 19.8% | CN¥374.71 Million | CN¥1.89 Billion | CN¥1.99 Billion | CN¥1.62 Billion | ▲ +4.4 pp |
| 2020 | 15.4% | CN¥284.67 Million | CN¥1.85 Billion | CN¥1.68 Billion | CN¥1.40 Billion | ▼ -2.2 pp |
| 2019 | 17.6% | CN¥363.12 Million | CN¥2.06 Billion | CN¥1.81 Billion | CN¥1.45 Billion | ▲ +0.3 pp |
| 2018 | 17.3% | CN¥351.46 Million | CN¥2.03 Billion | CN¥1.87 Billion | CN¥1.52 Billion | ▲ +1.5 pp |
| 2017 | 15.9% | CN¥325.98 Million | CN¥2.06 Billion | CN¥1.99 Billion | CN¥1.66 Billion | ▼ -1.1 pp |
| 2016 | 17.0% | CN¥355.78 Million | CN¥2.09 Billion | CN¥2.53 Billion | CN¥2.17 Billion | ▲ +1.8 pp |
| 2015 | 15.1% | CN¥362.11 Million | CN¥2.39 Billion | CN¥1.47 Billion | CN¥1.11 Billion | ▲ +4.7 pp |
| 2014 | 10.4% | CN¥219.35 Million | CN¥2.10 Billion | CN¥1.09 Billion | CN¥874.89 Million | ▲ +2.2 pp |
| 2013 | 8.2% | CN¥159.68 Million | CN¥1.94 Billion | CN¥909.59 Million | CN¥749.91 Million | ▼ -14.3 pp |
| 2012 | 22.6% | CN¥399.12 Million | CN¥1.77 Billion | CN¥1.10 Billion | CN¥696.35 Million | ▼ -2.1 pp |
| 2011 | 24.7% | CN¥409.73 Million | CN¥1.66 Billion | CN¥1.12 Billion | CN¥711.47 Million | ▲ +9.8 pp |
| 2010 | 14.9% | CN¥74.35 Million | CN¥500.60 Million | CN¥273.38 Million | CN¥199.02 Million | ▼ -3.8 pp |
| 2009 | 18.6% | CN¥78.92 Million | CN¥423.52 Million | CN¥276.89 Million | CN¥197.97 Million | ▲ +9.1 pp |
| 2008 | 9.5% | CN¥31.48 Million | CN¥331.19 Million | CN¥198.24 Million | CN¥166.76 Million | ▼ -22.7 pp |
| 2007 | 32.2% | CN¥93.26 Million | CN¥289.41 Million | CN¥235.00 Million | CN¥141.74 Million | ▼ -27.5 pp |
| 2006 | 59.7% | CN¥154.79 Million | CN¥259.11 Million | CN¥225.35 Million | CN¥70.55 Million | ▲ +41.9 pp |
| 2005 | 17.8% | CN¥19.01 Million | CN¥106.80 Million | CN¥96.68 Million | CN¥77.67 Million | ▲ +2.2 pp |
| 2004 | 15.6% | CN¥13.54 Million | CN¥86.86 Million | CN¥61.54 Million | CN¥47.99 Million | ▲ +2.0 pp |
| 2003 | 13.6% | CN¥9.64 Million | CN¥70.94 Million | CN¥50.67 Million | CN¥41.03 Million | — |