Shanxi Tond Chemical Co Ltd Working Capital to Net Assets Ratio
Shanxi Tond Chemical Co Ltd working capital to net assets ratio. Shanxi Tond Chemical Co Ltd (002360) has a Working Capital to Net Assets ratio of -51.0% as of September 2025. Working capital of CN¥-1.02 Billion (current assets of CN¥638.64 Million minus current liabilities of CN¥1.66 Billion) is measured against net assets of CN¥1.99 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible equity quality of Shanxi Tond Chemical Co Ltd 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 Shanxi Tond Chemical Co Ltd (2006–2024)
Working capital to net assets ratio of Shanxi Tond Chemical Co Ltd from 2006 to 2024. This chart shows how Shanxi Tond 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 -51.0%, reflecting working capital of CN¥-1.02 Billion against net assets of CN¥1.99 Billion CNY. See operational self-sufficiency of Shanxi Tond Chemical Co Ltd to measure how many days the company can operate on defensive assets alone.
Shanxi Tond Chemical Co Ltd Working Capital to Net Assets Ratio by Year (2006–2024)
Shanxi Tond 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 Shanxi Tond 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 Shanxi Tond Chemical Co Ltd assets under control.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -62.4% | CN¥-1.25 Billion | CN¥2.00 Billion | CN¥752.34 Million | CN¥2.00 Billion | ▼ -50.6 pp |
| 2023 | -11.8% | CN¥-257.40 Million | CN¥2.18 Billion | CN¥910.89 Million | CN¥1.17 Billion | ▼ -8.3 pp |
| 2022 | -3.5% | CN¥-61.25 Million | CN¥1.75 Billion | CN¥867.13 Million | CN¥928.38 Million | ▼ -37.4 pp |
| 2021 | 33.9% | CN¥502.84 Million | CN¥1.48 Billion | CN¥830.60 Million | CN¥327.76 Million | ▼ -23.5 pp |
| 2020 | 57.4% | CN¥753.58 Million | CN¥1.31 Billion | CN¥978.47 Million | CN¥224.90 Million | ▲ +7.7 pp |
| 2019 | 49.6% | CN¥588.42 Million | CN¥1.19 Billion | CN¥832.44 Million | CN¥244.03 Million | ▲ +15.2 pp |
| 2018 | 34.5% | CN¥371.12 Million | CN¥1.08 Billion | CN¥535.65 Million | CN¥164.53 Million | ▲ +2.1 pp |
| 2017 | 32.4% | CN¥353.49 Million | CN¥1.09 Billion | CN¥684.56 Million | CN¥331.07 Million | ▼ -3.4 pp |
| 2016 | 35.8% | CN¥401.47 Million | CN¥1.12 Billion | CN¥636.75 Million | CN¥235.28 Million | ▲ +5.0 pp |
| 2015 | 30.8% | CN¥329.49 Million | CN¥1.07 Billion | CN¥483.34 Million | CN¥153.85 Million | ▼ -5.1 pp |
| 2014 | 35.9% | CN¥366.30 Million | CN¥1.02 Billion | CN¥629.89 Million | CN¥263.59 Million | ▼ -0.1 pp |
| 2013 | 36.0% | CN¥323.47 Million | CN¥898.18 Million | CN¥583.65 Million | CN¥260.18 Million | ▲ +15.6 pp |
| 2012 | 20.4% | CN¥152.27 Million | CN¥744.76 Million | CN¥321.15 Million | CN¥168.88 Million | ▼ -35.6 pp |
| 2011 | 56.1% | CN¥347.26 Million | CN¥619.33 Million | CN¥401.97 Million | CN¥54.71 Million | ▼ -12.0 pp |
| 2010 | 68.1% | CN¥395.81 Million | CN¥581.64 Million | CN¥433.91 Million | CN¥38.10 Million | ▲ +56.0 pp |
| 2009 | 12.0% | CN¥22.39 Million | CN¥186.12 Million | CN¥106.02 Million | CN¥83.63 Million | ▲ +22.2 pp |
| 2008 | -10.1% | CN¥-14.61 Million | CN¥143.96 Million | CN¥81.92 Million | CN¥96.53 Million | ▼ -7.6 pp |
| 2007 | -2.5% | CN¥-3.33 Million | CN¥130.76 Million | CN¥109.07 Million | CN¥112.41 Million | ▲ +27.8 pp |
| 2006 | -30.3% | CN¥-20.47 Million | CN¥67.48 Million | CN¥64.99 Million | CN¥85.47 Million | — |