China Express Airlines Co Ltd Class A Working Capital to Net Assets Ratio
China Express Airlines Co Ltd Class A working capital to net assets ratio. China Express Airlines Co Ltd Class A (002928) has a Working Capital to Net Assets ratio of -48.3% as of June 2026. Working capital of CN¥-1.88 Billion (current assets of CN¥7.01 Billion minus current liabilities of CN¥8.89 Billion) is measured against net assets of CN¥3.89 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of China Express Airlines Co Ltd Class A (2013–2025)
Working capital to net assets ratio of China Express Airlines Co Ltd Class A from 2013 to 2025. This chart shows how China Express Airlines Co Ltd Class A's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2013 to 2025. As of June 2026, the ratio stands at -48.3%, reflecting working capital of CN¥-1.88 Billion against net assets of CN¥3.89 Billion CNY. See China Express Airlines Co Ltd Class A liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
China Express Airlines Co Ltd Class A Working Capital to Net Assets Ratio by Year (2013–2025)
China Express Airlines Co Ltd Class A working capital to net assets ratio by year from 2013 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for China Express Airlines Co Ltd Class A from 2013 to 2025, covering 13 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 China Express Airlines Co Ltd Class A assets under control.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -34.3% | CN¥-1.33 Billion | CN¥3.87 Billion | CN¥6.24 Billion | CN¥7.57 Billion | ▼ -1.8 pp |
| 2024 | -32.5% | CN¥-1.09 Billion | CN¥3.36 Billion | CN¥5.18 Billion | CN¥6.27 Billion | ▲ +21.8 pp |
| 2023 | -54.3% | CN¥-1.68 Billion | CN¥3.09 Billion | CN¥4.08 Billion | CN¥5.75 Billion | ▼ -40.0 pp |
| 2022 | -14.3% | CN¥-579.71 Million | CN¥4.05 Billion | CN¥4.13 Billion | CN¥4.71 Billion | ▲ +6.9 pp |
| 2021 | -21.2% | CN¥-767.65 Million | CN¥3.62 Billion | CN¥3.93 Billion | CN¥4.69 Billion | ▼ -33.8 pp |
| 2020 | 12.5% | CN¥496.03 Million | CN¥3.95 Billion | CN¥3.79 Billion | CN¥3.30 Billion | ▼ -17.9 pp |
| 2019 | 30.4% | CN¥846.61 Million | CN¥2.78 Billion | CN¥3.27 Billion | CN¥2.42 Billion | ▲ +24.5 pp |
| 2018 | 5.9% | CN¥126.08 Million | CN¥2.12 Billion | CN¥2.45 Billion | CN¥2.33 Billion | ▼ -32.5 pp |
| 2017 | 38.5% | CN¥442.28 Million | CN¥1.15 Billion | CN¥1.73 Billion | CN¥1.29 Billion | ▲ +10.1 pp |
| 2016 | 28.4% | CN¥225.25 Million | CN¥793.93 Million | CN¥1.24 Billion | CN¥1.02 Billion | ▼ -17.7 pp |
| 2015 | 46.1% | CN¥207.14 Million | CN¥449.62 Million | CN¥821.48 Million | CN¥614.34 Million | ▲ +66.0 pp |
| 2014 | -19.9% | CN¥-50.96 Million | CN¥255.63 Million | CN¥605.77 Million | CN¥656.73 Million | ▲ +52.2 pp |
| 2013 | -72.2% | CN¥-95.51 Million | CN¥132.35 Million | CN¥397.42 Million | CN¥492.94 Million | — |