Hubei Heyuan Gas Co Ltd Working Capital to Net Assets Ratio
Hubei Heyuan Gas Co Ltd working capital to net assets ratio. Hubei Heyuan Gas Co Ltd (002971) has a Working Capital to Net Assets ratio of -72.4% as of June 2026. Working capital of CN¥-1.80 Billion (current assets of CN¥981.52 Million minus current liabilities of CN¥2.79 Billion) is measured against net assets of CN¥2.49 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 Hubei Heyuan Gas Co Ltd (2015–2025)
Working capital to net assets ratio of Hubei Heyuan Gas Co Ltd from 2015 to 2025. This chart shows how Hubei Heyuan Gas Co Ltd's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2015 to 2025. As of June 2026, the ratio stands at -72.4%, reflecting working capital of CN¥-1.80 Billion against net assets of CN¥2.49 Billion CNY. See how many days can Hubei Heyuan Gas Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Hubei Heyuan Gas Co Ltd Working Capital to Net Assets Ratio by Year (2015–2025)
Hubei Heyuan Gas Co Ltd working capital to net assets ratio by year from 2015 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Hubei Heyuan Gas Co Ltd from 2015 to 2025, covering 11 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 total assets of Hubei Heyuan Gas Co Ltd.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -106.9% | CN¥-1.88 Billion | CN¥1.76 Billion | CN¥820.78 Million | CN¥2.70 Billion | ▼ -56.3 pp |
| 2024 | -50.5% | CN¥-877.36 Million | CN¥1.74 Billion | CN¥981.43 Million | CN¥1.86 Billion | ▼ -23.2 pp |
| 2023 | -27.3% | CN¥-355.49 Million | CN¥1.30 Billion | CN¥929.56 Million | CN¥1.29 Billion | ▼ -2.2 pp |
| 2022 | -25.2% | CN¥-303.55 Million | CN¥1.21 Billion | CN¥727.18 Million | CN¥1.03 Billion | ▼ -14.9 pp |
| 2021 | -10.3% | CN¥-117.69 Million | CN¥1.14 Billion | CN¥848.37 Million | CN¥966.06 Million | ▼ -10.6 pp |
| 2020 | 0.3% | CN¥3.04 Million | CN¥1.09 Billion | CN¥685.27 Million | CN¥682.23 Million | ▲ +31.6 pp |
| 2019 | -31.3% | CN¥-191.72 Million | CN¥611.74 Million | CN¥247.98 Million | CN¥439.70 Million | ▼ -0.6 pp |
| 2018 | -30.7% | CN¥-162.29 Million | CN¥527.85 Million | CN¥208.34 Million | CN¥370.64 Million | ▲ +5.2 pp |
| 2017 | -36.0% | CN¥-163.10 Million | CN¥453.45 Million | CN¥215.71 Million | CN¥378.81 Million | ▼ -18.4 pp |
| 2016 | -17.5% | CN¥-77.14 Million | CN¥439.96 Million | CN¥242.90 Million | CN¥320.04 Million | ▲ +22.3 pp |
| 2015 | -39.8% | CN¥-119.31 Million | CN¥299.50 Million | CN¥274.48 Million | CN¥393.79 Million | — |