Zhejiang XinNong Chemical Co Ltd Class A (002942) — Working Capital to Net Assets Ratio
Zhejiang XinNong Chemical Co Ltd Class A (002942) has a Working Capital to Net Assets ratio of 44.4% as of September 2025. Working capital of CN¥546.24 Million (current assets of CN¥986.91 Million minus current liabilities of CN¥440.66 Million) is measured against net assets of CN¥1.23 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how leveraged is Zhejiang XinNong Chemical Co Ltd Class A's balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Zhejiang XinNong Chemical Co Ltd Class A Working Capital to Net Assets (2012–2024)
This chart shows how Zhejiang XinNong Chemical Co Ltd Class A's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2012 to 2024. As of September 2025, the ratio stands at 44.4%, reflecting working capital of CN¥546.24 Million against net assets of CN¥1.23 Billion CNY. Check 002942 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Zhejiang XinNong Chemical Co Ltd Class A (2012–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Zhejiang XinNong Chemical Co Ltd Class A from 2012 to 2024, 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 live market cap and the full company profile, see 002942 company net worth.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 38.2% | CN¥444.87 Million | CN¥1.17 Billion | CN¥868.18 Million | CN¥423.31 Million | ▲ +3.2 pp |
| 2023 | 34.9% | CN¥391.86 Million | CN¥1.12 Billion | CN¥721.47 Million | CN¥329.62 Million | ▼ -4.0 pp |
| 2022 | 39.0% | CN¥456.23 Million | CN¥1.17 Billion | CN¥902.10 Million | CN¥445.87 Million | ▼ -3.4 pp |
| 2021 | 42.3% | CN¥482.36 Million | CN¥1.14 Billion | CN¥872.09 Million | CN¥389.73 Million | ▼ -5.3 pp |
| 2020 | 47.6% | CN¥507.79 Million | CN¥1.07 Billion | CN¥771.69 Million | CN¥263.91 Million | ▲ +0.8 pp |
| 2019 | 46.8% | CN¥432.94 Million | CN¥925.15 Million | CN¥796.37 Million | CN¥363.44 Million | ▼ -2.8 pp |
| 2018 | 49.6% | CN¥371.14 Million | CN¥748.28 Million | CN¥725.33 Million | CN¥354.18 Million | ▲ +34.8 pp |
| 2017 | 14.8% | CN¥44.08 Million | CN¥297.87 Million | CN¥314.18 Million | CN¥270.10 Million | ▲ +7.7 pp |
| 2016 | 7.1% | CN¥18.65 Million | CN¥262.36 Million | CN¥222.37 Million | CN¥203.72 Million | ▲ +1.2 pp |
| 2015 | 5.9% | CN¥14.25 Million | CN¥241.49 Million | CN¥229.38 Million | CN¥215.13 Million | ▼ -7.2 pp |
| 2014 | 13.1% | CN¥30.62 Million | CN¥233.90 Million | CN¥301.31 Million | CN¥270.70 Million | ▲ +44.3 pp |
| 2013 | -31.2% | CN¥-38.00 Million | CN¥121.78 Million | CN¥208.69 Million | CN¥246.69 Million | ▼ -9.1 pp |
| 2012 | -22.1% | CN¥-27.44 Million | CN¥123.96 Million | CN¥213.08 Million | CN¥240.52 Million | — |