Shandong Hongchuang Aluminum Industry Holding Co Ltd (002379) — Working Capital to Net Assets Ratio
Shandong Hongchuang Aluminum Industry Holding Co Ltd (002379) has a Working Capital to Net Assets ratio of 38.4% as of September 2025. Working capital of CN¥688.26 Million (current assets of CN¥1.89 Billion minus current liabilities of CN¥1.20 Billion) is measured against net assets of CN¥1.79 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Shandong Hongchuang Aluminum Industry Ho (002379) defensive interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Shandong Hongchuang Aluminum Industry Holding Co Ltd Working Capital to Net Assets (2006–2024)
This chart shows how Shandong Hongchuang Aluminum Industry Holding 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 38.4%, reflecting working capital of CN¥688.26 Million against net assets of CN¥1.79 Billion CNY. For the complete balance sheet picture, see 002379 total assets.
Annual Working Capital to Net Assets for Shandong Hongchuang Aluminum Industry Holding Co Ltd (2006–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Shandong Hongchuang Aluminum Industry Holding 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. Check how resilient are Shandong Hongchuang Aluminum Industry Ho's assets to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 45.7% | CN¥896.13 Million | CN¥1.96 Billion | CN¥1.95 Billion | CN¥1.05 Billion | ▲ +3.2 pp |
| 2023 | 42.6% | CN¥863.53 Million | CN¥2.03 Billion | CN¥1.69 Billion | CN¥828.97 Million | ▲ +38.0 pp |
| 2022 | 4.6% | CN¥63.63 Million | CN¥1.39 Billion | CN¥1.24 Billion | CN¥1.18 Billion | ▼ -8.0 pp |
| 2021 | 12.6% | CN¥179.21 Million | CN¥1.42 Billion | CN¥1.75 Billion | CN¥1.57 Billion | ▼ -0.8 pp |
| 2020 | 13.4% | CN¥190.72 Million | CN¥1.42 Billion | CN¥1.07 Billion | CN¥882.13 Million | ▼ -4.1 pp |
| 2019 | 17.5% | CN¥277.16 Million | CN¥1.58 Billion | CN¥1.16 Billion | CN¥881.16 Million | ▼ -10.2 pp |
| 2018 | 27.7% | CN¥348.24 Million | CN¥1.26 Billion | CN¥508.07 Million | CN¥159.83 Million | ▼ -25.2 pp |
| 2017 | 52.9% | CN¥659.82 Million | CN¥1.25 Billion | CN¥755.34 Million | CN¥95.52 Million | ▼ -4.9 pp |
| 2016 | 57.8% | CN¥698.18 Million | CN¥1.21 Billion | CN¥978.91 Million | CN¥280.73 Million | ▲ +12.9 pp |
| 2015 | 44.9% | CN¥536.17 Million | CN¥1.19 Billion | CN¥1.50 Billion | CN¥961.20 Million | ▲ +115.3 pp |
| 2014 | -70.4% | CN¥-922.35 Million | CN¥1.31 Billion | CN¥2.81 Billion | CN¥3.73 Billion | ▲ +45.9 pp |
| 2013 | -116.3% | CN¥-1.94 Billion | CN¥1.67 Billion | CN¥2.60 Billion | CN¥4.54 Billion | ▼ -51.0 pp |
| 2012 | -65.3% | CN¥-1.09 Billion | CN¥1.67 Billion | CN¥2.00 Billion | CN¥3.09 Billion | ▼ -44.6 pp |
| 2011 | -20.7% | CN¥-182.50 Million | CN¥883.23 Million | CN¥2.20 Billion | CN¥2.38 Billion | ▼ -32.9 pp |
| 2010 | 12.3% | CN¥106.33 Million | CN¥867.11 Million | CN¥1.36 Billion | CN¥1.25 Billion | ▲ +41.2 pp |
| 2009 | -28.9% | CN¥-66.86 Million | CN¥231.13 Million | CN¥603.29 Million | CN¥670.15 Million | ▲ +50.2 pp |
| 2008 | -79.1% | CN¥-157.39 Million | CN¥199.03 Million | CN¥313.38 Million | CN¥470.78 Million | ▼ -31.4 pp |
| 2007 | -47.7% | CN¥-84.59 Million | CN¥177.45 Million | CN¥247.01 Million | CN¥331.61 Million | ▲ +38.5 pp |
| 2006 | -86.2% | CN¥-71.99 Million | CN¥83.55 Million | CN¥231.80 Million | CN¥303.80 Million | — |