Letong Chemical Co Ltd Working Capital to Net Assets Ratio
Letong Chemical Co Ltd working capital to net assets ratio. Letong Chemical Co Ltd (002319) has a Working Capital to Net Assets ratio of -78.0% as of September 2025. Working capital of CN¥-139.19 Million (current assets of CN¥279.40 Million minus current liabilities of CN¥418.59 Million) is measured against net assets of CN¥178.35 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Letong Chemical Co Ltd tangible book value 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 Letong Chemical Co Ltd (2006–2024)
Working capital to net assets ratio of Letong Chemical Co Ltd from 2006 to 2024. This chart shows how Letong Chemical Co Ltd's Working Capital to Net Assets ratio has evolved across 19 annual periods from 2006 to 2024. As of September 2025, the ratio stands at -78.0%, reflecting working capital of CN¥-139.19 Million against net assets of CN¥178.35 Million CNY. See 002319 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Letong Chemical Co Ltd Working Capital to Net Assets Ratio by Year (2006–2024)
Letong Chemical Co Ltd working capital to net assets ratio by year from 2006 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Letong Chemical Co Ltd from 2006 to 2024, covering 19 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 Letong Chemical Co Ltd total assets.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -87.0% | CN¥-154.23 Million | CN¥177.20 Million | CN¥244.31 Million | CN¥398.53 Million | ▲ +243.4 pp |
| 2023 | -330.4% | CN¥-262.16 Million | CN¥79.35 Million | CN¥264.57 Million | CN¥526.74 Million | ▲ +49.4 pp |
| 2022 | -379.8% | CN¥-279.61 Million | CN¥73.62 Million | CN¥280.86 Million | CN¥560.47 Million | ▼ -127.6 pp |
| 2021 | -252.1% | CN¥-267.52 Million | CN¥106.10 Million | CN¥282.23 Million | CN¥549.74 Million | ▼ -75.9 pp |
| 2020 | -176.3% | CN¥-250.39 Million | CN¥142.05 Million | CN¥234.08 Million | CN¥484.47 Million | ▲ +27.6 pp |
| 2019 | -203.9% | CN¥-286.13 Million | CN¥140.36 Million | CN¥228.16 Million | CN¥514.29 Million | ▼ -139.1 pp |
| 2018 | -64.8% | CN¥-280.44 Million | CN¥432.77 Million | CN¥244.17 Million | CN¥524.62 Million | ▼ -12.1 pp |
| 2017 | -52.7% | CN¥-258.93 Million | CN¥491.05 Million | CN¥334.51 Million | CN¥593.44 Million | ▲ +1.7 pp |
| 2016 | -54.4% | CN¥-261.37 Million | CN¥480.15 Million | CN¥346.62 Million | CN¥607.99 Million | ▼ -23.2 pp |
| 2015 | -31.3% | CN¥-177.03 Million | CN¥566.25 Million | CN¥387.03 Million | CN¥564.06 Million | ▼ -54.5 pp |
| 2014 | 23.2% | CN¥137.27 Million | CN¥590.96 Million | CN¥404.69 Million | CN¥267.42 Million | ▼ -5.7 pp |
| 2013 | 28.9% | CN¥170.17 Million | CN¥588.64 Million | CN¥556.86 Million | CN¥386.69 Million | ▼ -13.0 pp |
| 2012 | 41.9% | CN¥238.61 Million | CN¥569.63 Million | CN¥412.10 Million | CN¥173.48 Million | ▼ -19.8 pp |
| 2011 | 61.7% | CN¥339.81 Million | CN¥550.49 Million | CN¥556.13 Million | CN¥216.32 Million | ▼ -18.1 pp |
| 2010 | 79.9% | CN¥430.55 Million | CN¥539.14 Million | CN¥588.37 Million | CN¥157.82 Million | ▼ -6.7 pp |
| 2009 | 86.5% | CN¥429.06 Million | CN¥495.95 Million | CN¥539.94 Million | CN¥110.89 Million | ▲ +29.1 pp |
| 2008 | 57.5% | CN¥79.07 Million | CN¥137.60 Million | CN¥172.77 Million | CN¥93.70 Million | ▲ +9.3 pp |
| 2007 | 48.1% | CN¥50.02 Million | CN¥103.95 Million | CN¥155.41 Million | CN¥105.39 Million | ▲ +1.4 pp |
| 2006 | 46.7% | CN¥39.25 Million | CN¥84.02 Million | CN¥106.47 Million | CN¥67.22 Million | — |