Shandong Polymer Biochemicals Co Ltd (002476) — Working Capital to Net Assets Ratio
Shandong Polymer Biochemicals Co Ltd (002476) has a Working Capital to Net Assets ratio of 83.8% as of September 2025. Working capital of CN¥804.74 Million (current assets of CN¥976.51 Million minus current liabilities of CN¥171.77 Million) is measured against net assets of CN¥960.11 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See 002476 financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Shandong Polymer Biochemicals Co Ltd Working Capital to Net Assets (2007–2024)
This chart shows how Shandong Polymer Biochemicals Co Ltd's Working Capital to Net Assets ratio has evolved across 18 annual periods from 2007 to 2024. As of September 2025, the ratio stands at 83.8%, reflecting working capital of CN¥804.74 Million against net assets of CN¥960.11 Million CNY. See 002476 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Shandong Polymer Biochemicals Co Ltd (2007–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Shandong Polymer Biochemicals Co Ltd from 2007 to 2024, covering 18 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 how much is Shandong Polymer Biochemicals Co Ltd worth.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 83.3% | CN¥772.11 Million | CN¥926.98 Million | CN¥895.08 Million | CN¥122.97 Million | ▲ +22.7 pp |
| 2023 | 60.5% | CN¥531.05 Million | CN¥877.06 Million | CN¥616.89 Million | CN¥85.84 Million | ▼ -7.6 pp |
| 2022 | 68.2% | CN¥592.66 Million | CN¥869.61 Million | CN¥761.75 Million | CN¥169.09 Million | ▼ -3.8 pp |
| 2021 | 72.0% | CN¥604.38 Million | CN¥839.98 Million | CN¥755.13 Million | CN¥150.74 Million | ▲ +15.9 pp |
| 2020 | 56.0% | CN¥460.46 Million | CN¥822.02 Million | CN¥568.92 Million | CN¥108.46 Million | ▲ +4.3 pp |
| 2019 | 51.7% | CN¥418.37 Million | CN¥808.83 Million | CN¥564.86 Million | CN¥146.49 Million | ▼ -12.7 pp |
| 2018 | 64.4% | CN¥462.69 Million | CN¥718.15 Million | CN¥624.25 Million | CN¥161.56 Million | ▲ +15.4 pp |
| 2017 | 49.1% | CN¥484.81 Million | CN¥988.35 Million | CN¥693.51 Million | CN¥208.70 Million | ▲ +10.4 pp |
| 2016 | 38.6% | CN¥399.79 Million | CN¥1.04 Billion | CN¥635.55 Million | CN¥235.76 Million | ▼ 0.0 pp |
| 2015 | 38.6% | CN¥425.00 Million | CN¥1.10 Billion | CN¥741.91 Million | CN¥316.92 Million | ▼ -15.0 pp |
| 2014 | 53.6% | CN¥609.20 Million | CN¥1.14 Billion | CN¥836.01 Million | CN¥226.81 Million | ▼ -2.4 pp |
| 2013 | 56.1% | CN¥562.22 Million | CN¥1.00 Billion | CN¥677.01 Million | CN¥114.79 Million | ▼ -1.5 pp |
| 2012 | 57.6% | CN¥560.95 Million | CN¥973.87 Million | CN¥638.26 Million | CN¥77.31 Million | ▼ -9.6 pp |
| 2011 | 67.2% | CN¥622.30 Million | CN¥925.70 Million | CN¥685.44 Million | CN¥63.14 Million | ▼ -7.5 pp |
| 2010 | 74.7% | CN¥644.73 Million | CN¥862.76 Million | CN¥704.38 Million | CN¥59.65 Million | ▲ +70.9 pp |
| 2009 | 3.9% | CN¥7.09 Million | CN¥183.96 Million | CN¥166.27 Million | CN¥159.18 Million | ▲ +24.3 pp |
| 2008 | -20.5% | CN¥-34.05 Million | CN¥166.25 Million | CN¥176.79 Million | CN¥210.84 Million | ▲ +0.7 pp |
| 2007 | -21.2% | CN¥-27.84 Million | CN¥131.57 Million | CN¥192.93 Million | CN¥220.77 Million | — |