Shandong Hongchuang Aluminum Industry Holding Co Ltd Working Capital to Net Assets Ratio
Shandong Hongchuang Aluminum Industry Holding Co Ltd 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. Check Shandong Hongchuang Aluminum Industry Ho tangible equity quality 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 Shandong Hongchuang Aluminum Industry Holding Co Ltd (2006–2024)
Working capital to net assets ratio of Shandong Hongchuang Aluminum Industry Holding Co Ltd from 2006 to 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. See how many days can Shandong Hongchuang Aluminum Industry Ho fund operations to measure how many days the company can operate on defensive assets alone.
Shandong Hongchuang Aluminum Industry Holding Co Ltd Working Capital to Net Assets Ratio by Year (2006–2024)
Shandong Hongchuang Aluminum Industry Holding 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 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. For the complete balance sheet picture, see how large is Shandong Hongchuang Aluminum Industry Ho's balance sheet.
| 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 | — |