Yantai Changyu Pioneer Wine (200869) — Working Capital to Net Assets Ratio
Yantai Changyu Pioneer Wine (200869) has a Working Capital to Net Assets ratio of 39.5% as of June 2026. Working capital of HK$4.12 Billion (current assets of HK$5.46 Billion minus current liabilities of HK$1.34 Billion) is measured against net assets of HK$10.43 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Yantai Changyu Pioneer Wine (200869) defensive interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Yantai Changyu Pioneer Wine Working Capital to Net Assets (1994–2025)
This chart shows how Yantai Changyu Pioneer Wine's Working Capital to Net Assets ratio has evolved across 32 annual periods from 1994 to 2025. As of June 2026, the ratio stands at 39.5%, reflecting working capital of HK$4.12 Billion against net assets of HK$10.43 Billion HKD. For the complete balance sheet picture, see 200869 total assets.
Annual Working Capital to Net Assets for Yantai Changyu Pioneer Wine (1994–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Yantai Changyu Pioneer Wine from 1994 to 2025, covering 32 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. Check 200869 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (HKD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 38.3% | HK$4.02 Billion | HK$10.50 Billion | HK$5.48 Billion | HK$1.45 Billion | ▲ +1.4 pp |
| 2024 | 36.9% | HK$3.97 Billion | HK$10.77 Billion | HK$5.61 Billion | HK$1.64 Billion | ▲ +1.9 pp |
| 2023 | 35.0% | HK$3.84 Billion | HK$10.99 Billion | HK$6.00 Billion | HK$2.15 Billion | ▲ +2.5 pp |
| 2022 | 32.4% | HK$3.51 Billion | HK$10.83 Billion | HK$5.53 Billion | HK$2.02 Billion | ▲ +4.3 pp |
| 2021 | 28.1% | HK$3.01 Billion | HK$10.69 Billion | HK$5.39 Billion | HK$2.38 Billion | ▲ +2.0 pp |
| 2020 | 26.1% | HK$2.74 Billion | HK$10.50 Billion | HK$4.99 Billion | HK$2.24 Billion | ▲ +0.4 pp |
| 2019 | 25.8% | HK$2.72 Billion | HK$10.58 Billion | HK$5.38 Billion | HK$2.66 Billion | ▲ +2.8 pp |
| 2018 | 23.0% | HK$2.27 Billion | HK$9.89 Billion | HK$5.02 Billion | HK$2.75 Billion | ▲ +3.1 pp |
| 2017 | 19.8% | HK$1.82 Billion | HK$9.18 Billion | HK$4.64 Billion | HK$2.82 Billion | ▲ +1.2 pp |
| 2016 | 18.6% | HK$1.56 Billion | HK$8.40 Billion | HK$4.22 Billion | HK$2.65 Billion | ▼ -1.4 pp |
| 2015 | 20.1% | HK$1.56 Billion | HK$7.76 Billion | HK$3.96 Billion | HK$2.41 Billion | ▼ -8.1 pp |
| 2014 | 28.2% | HK$1.97 Billion | HK$7.00 Billion | HK$3.59 Billion | HK$1.62 Billion | ▼ -8.9 pp |
| 2013 | 37.1% | HK$2.36 Billion | HK$6.37 Billion | HK$3.90 Billion | HK$1.54 Billion | ▼ -9.4 pp |
| 2012 | 46.4% | HK$2.81 Billion | HK$6.06 Billion | HK$4.80 Billion | HK$1.99 Billion | ▼ -4.2 pp |
| 2011 | 50.6% | HK$2.61 Billion | HK$5.15 Billion | HK$4.64 Billion | HK$2.03 Billion | ▼ -3.1 pp |
| 2010 | 53.8% | HK$2.15 Billion | HK$4.00 Billion | HK$4.03 Billion | HK$1.88 Billion | ▼ -0.6 pp |
| 2009 | 54.4% | HK$1.73 Billion | HK$3.17 Billion | HK$3.88 Billion | HK$2.15 Billion | ▼ -1.7 pp |
| 2008 | 56.1% | HK$1.47 Billion | HK$2.63 Billion | HK$2.91 Billion | HK$1.43 Billion | ▼ -4.0 pp |
| 2007 | 60.0% | HK$1.39 Billion | HK$2.31 Billion | HK$2.33 Billion | HK$936.85 Million | ▼ -7.2 pp |
| 2006 | 67.2% | HK$1.39 Billion | HK$2.06 Billion | HK$2.05 Billion | HK$665.91 Million | ▼ -4.6 pp |
| 2005 | 71.8% | HK$1.36 Billion | HK$1.89 Billion | HK$1.82 Billion | HK$460.20 Million | ▲ +1.4 pp |
| 2004 | 70.4% | HK$1.25 Billion | HK$1.78 Billion | HK$1.64 Billion | HK$388.62 Million | ▲ +2.6 pp |
| 2003 | 67.8% | HK$1.08 Billion | HK$1.59 Billion | HK$1.44 Billion | HK$356.03 Million | ▲ +5.4 pp |
| 2002 | 62.4% | HK$900.23 Million | HK$1.44 Billion | HK$1.29 Billion | HK$386.55 Million | ▼ -9.2 pp |
| 2001 | 71.6% | HK$972.23 Million | HK$1.36 Billion | HK$1.28 Billion | HK$304.95 Million | ▼ -0.9 pp |
| 2000 | 72.4% | HK$906.80 Million | HK$1.25 Billion | HK$1.27 Billion | HK$358.98 Million | ▲ +17.1 pp |
| 1999 | 55.3% | HK$317.11 Million | HK$573.10 Million | HK$554.93 Million | HK$237.82 Million | ▼ -5.5 pp |
| 1998 | 60.8% | HK$313.22 Million | HK$514.98 Million | HK$517.47 Million | HK$204.25 Million | ▼ -7.7 pp |
| 1997 | 68.5% | HK$344.88 Million | HK$503.14 Million | HK$556.04 Million | HK$211.17 Million | ▲ +24.6 pp |
| 1996 | 43.9% | HK$83.14 Million | HK$189.26 Million | HK$288.79 Million | HK$205.65 Million | ▼ -3.8 pp |
| 1995 | 47.8% | HK$43.52 Million | HK$91.11 Million | HK$255.24 Million | HK$211.71 Million | ▲ +6.8 pp |
| 1994 | 41.0% | HK$34.93 Million | HK$85.28 Million | HK$187.78 Million | HK$152.85 Million | — |