Shandong Molong Petroleum Machinery Co Ltd Working Capital to Net Assets Ratio
Shandong Molong Petroleum Machinery Co Ltd working capital to net assets ratio. Shandong Molong Petroleum Machinery Co Ltd (002490) has a Working Capital to Net Assets ratio of -19.3% as of September 2025. Working capital of CN¥-95.97 Million (current assets of CN¥1.88 Billion minus current liabilities of CN¥1.98 Billion) is measured against net assets of CN¥497.53 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Shandong Molong Petroleum Machinery Co L 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 Shandong Molong Petroleum Machinery Co Ltd (2005–2024)
Working capital to net assets ratio of Shandong Molong Petroleum Machinery Co Ltd from 2005 to 2024. This chart shows how Shandong Molong Petroleum Machinery Co Ltd's Working Capital to Net Assets ratio has evolved across 20 annual periods from 2005 to 2024. As of September 2025, the ratio stands at -19.3%, reflecting working capital of CN¥-95.97 Million against net assets of CN¥497.53 Million CNY. See Shandong Molong Petroleum Machinery Co L defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Shandong Molong Petroleum Machinery Co Ltd Working Capital to Net Assets Ratio by Year (2005–2024)
Shandong Molong Petroleum Machinery Co Ltd working capital to net assets ratio by year from 2005 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Shandong Molong Petroleum Machinery Co Ltd from 2005 to 2024, covering 20 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 balance sheet size of Shandong Molong Petroleum Machinery Co L.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 3.8% | CN¥18.50 Million | CN¥491.89 Million | CN¥1.94 Billion | CN¥1.92 Billion | ▲ +451.8 pp |
| 2023 | -448.1% | CN¥-1.50 Billion | CN¥334.70 Million | CN¥923.41 Million | CN¥2.42 Billion | ▼ -302.5 pp |
| 2022 | -145.5% | CN¥-1.32 Billion | CN¥910.35 Million | CN¥1.65 Billion | CN¥2.97 Billion | ▼ -60.0 pp |
| 2021 | -85.6% | CN¥-1.16 Billion | CN¥1.36 Billion | CN¥1.85 Billion | CN¥3.01 Billion | ▼ -30.9 pp |
| 2020 | -54.7% | CN¥-985.42 Million | CN¥1.80 Billion | CN¥2.24 Billion | CN¥3.22 Billion | ▲ +24.2 pp |
| 2019 | -78.9% | CN¥-1.41 Billion | CN¥1.79 Billion | CN¥2.46 Billion | CN¥3.87 Billion | ▼ -28.0 pp |
| 2018 | -50.9% | CN¥-1.02 Billion | CN¥2.01 Billion | CN¥3.12 Billion | CN¥4.14 Billion | ▼ -3.9 pp |
| 2017 | -46.9% | CN¥-906.70 Million | CN¥1.93 Billion | CN¥2.63 Billion | CN¥3.53 Billion | ▲ +37.0 pp |
| 2016 | -84.0% | CN¥-1.58 Billion | CN¥1.89 Billion | CN¥2.14 Billion | CN¥3.73 Billion | ▼ -37.4 pp |
| 2015 | -46.6% | CN¥-1.18 Billion | CN¥2.54 Billion | CN¥2.12 Billion | CN¥3.30 Billion | ▼ -35.3 pp |
| 2014 | -11.2% | CN¥-308.91 Million | CN¥2.75 Billion | CN¥2.47 Billion | CN¥2.78 Billion | ▼ -12.6 pp |
| 2013 | 1.4% | CN¥37.05 Million | CN¥2.74 Billion | CN¥2.58 Billion | CN¥2.55 Billion | ▼ -3.3 pp |
| 2012 | 4.7% | CN¥137.39 Million | CN¥2.95 Billion | CN¥2.45 Billion | CN¥2.31 Billion | ▼ -11.2 pp |
| 2011 | 15.9% | CN¥453.40 Million | CN¥2.85 Billion | CN¥2.27 Billion | CN¥1.82 Billion | ▼ -4.4 pp |
| 2010 | 20.3% | CN¥555.74 Million | CN¥2.74 Billion | CN¥2.39 Billion | CN¥1.83 Billion | ▲ +2.3 pp |
| 2009 | 17.9% | CN¥235.39 Million | CN¥1.31 Billion | CN¥1.59 Billion | CN¥1.35 Billion | ▼ -16.2 pp |
| 2008 | 34.1% | CN¥378.58 Million | CN¥1.11 Billion | CN¥2.03 Billion | CN¥1.66 Billion | ▲ +21.3 pp |
| 2007 | 12.8% | CN¥107.53 Million | CN¥839.78 Million | CN¥1.17 Billion | CN¥1.07 Billion | ▲ +0.8 pp |
| 2006 | 12.0% | CN¥64.50 Million | CN¥536.76 Million | CN¥911.95 Million | CN¥847.45 Million | ▼ -1.0 pp |
| 2005 | 13.0% | CN¥53.88 Million | CN¥414.29 Million | CN¥597.95 Million | CN¥544.06 Million | — |