Shenzhen Shenbao Industrial Co Ltd (200019) — Working Capital to Net Assets Ratio
Shenzhen Shenbao Industrial Co Ltd (200019) has a Working Capital to Net Assets ratio of 44.6% as of March 2026. Working capital of HK$2.25 Billion (current assets of HK$4.55 Billion minus current liabilities of HK$2.30 Billion) is measured against net assets of HK$5.06 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how leveraged is Shenzhen Shenbao Industrial Co Ltd's balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Shenzhen Shenbao Industrial Co Ltd Working Capital to Net Assets (2016–2025)
This chart shows how Shenzhen Shenbao Industrial Co Ltd's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2016 to 2025. As of March 2026, the ratio stands at 44.6%, reflecting working capital of HK$2.25 Billion against net assets of HK$5.06 Billion HKD. Check 200019 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Shenzhen Shenbao Industrial Co Ltd (2016–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Shenzhen Shenbao Industrial Co Ltd from 2016 to 2025, covering 10 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 200019 market cap overview.
| Year | WC/NA Ratio | Working Capital (HKD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 43.4% | HK$2.17 Billion | HK$4.99 Billion | HK$4.41 Billion | HK$2.25 Billion | ▲ +3.1 pp |
| 2024 | 40.3% | HK$1.99 Billion | HK$4.92 Billion | HK$4.59 Billion | HK$2.61 Billion | ▲ +3.8 pp |
| 2023 | 36.5% | HK$1.78 Billion | HK$4.88 Billion | HK$4.15 Billion | HK$2.37 Billion | ▲ +2.5 pp |
| 2022 | 34.0% | HK$1.64 Billion | HK$4.83 Billion | HK$4.07 Billion | HK$2.43 Billion | ▼ -13.1 pp |
| 2021 | 47.0% | HK$2.21 Billion | HK$4.70 Billion | HK$4.24 Billion | HK$2.03 Billion | ▼ -7.2 pp |
| 2020 | 54.2% | HK$2.60 Billion | HK$4.80 Billion | HK$4.14 Billion | HK$1.54 Billion | ▼ -8.1 pp |
| 2019 | 62.3% | HK$2.88 Billion | HK$4.62 Billion | HK$4.06 Billion | HK$1.18 Billion | ▼ -2.3 pp |
| 2018 | 64.7% | HK$2.81 Billion | HK$4.34 Billion | HK$4.29 Billion | HK$1.49 Billion | ▼ -177.3 pp |
| 2017 | 242.0% | HK$2.33 Billion | HK$963.15 Million | HK$3.94 Billion | HK$1.61 Billion | ▲ +195.2 pp |
| 2016 | 46.8% | HK$490.80 Million | HK$1.05 Billion | HK$605.61 Million | HK$114.82 Million | — |