LandOcean Energy Services Co (300157) — Working Capital to Net Assets Ratio

Latest as of June 2025: -251.1%

LandOcean Energy Services Co (300157) has a Working Capital to Net Assets ratio of -251.1% as of June 2025. Working capital of CN¥-490.17 Million (current assets of CN¥1.24 Billion minus current liabilities of CN¥1.73 Billion) is measured against net assets of CN¥195.21 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See net asset quality index of LandOcean Energy Services Co to measure how much of total assets are equity-financed.

WC/NA Ratio

-251.1%
Working Capital / Net Assets

Working Capital

CN¥-490.17 Million
CNY

Current Assets

CN¥1.24 Billion
CNY

Current Liabilities

CN¥1.73 Billion
CNY

LandOcean Energy Services Co Working Capital to Net Assets (2015–2024)

This chart shows how LandOcean Energy Services Co's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2015 to 2024. As of June 2025, the ratio stands at -251.1%, reflecting working capital of CN¥-490.17 Million against net assets of CN¥195.21 Million CNY. Check LandOcean Energy Services Co (300157) tangible net worth to evaluate the tangible quality of the company's equity base.

Annual Working Capital to Net Assets for LandOcean Energy Services Co (2015–2024)

The table below presents the year-by-year Working Capital to Net Assets ratio for LandOcean Energy Services Co from 2015 to 2024, 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 market value of LandOcean Energy Services Co.

Year WC/NA Ratio Working Capital (CNY) Net Assets Current Assets Current Liabilities Change (pp)
2024 -496.5% CN¥-728.67 Million CN¥146.77 Million CN¥1.13 Billion CN¥1.86 Billion ▼ -238.8 pp
2023 -257.7% CN¥-620.34 Million CN¥240.73 Million CN¥867.50 Million CN¥1.49 Billion ▼ -91.4 pp
2022 -166.3% CN¥-567.09 Million CN¥341.06 Million CN¥1.11 Billion CN¥1.68 Billion ▲ +108.6 pp
2021 -274.9% CN¥-740.11 Million CN¥269.26 Million CN¥921.12 Million CN¥1.66 Billion ▼ -256.0 pp
2020 -18.9% CN¥-242.39 Million CN¥1.28 Billion CN¥1.73 Billion CN¥1.97 Billion ▼ -23.6 pp
2019 4.8% CN¥151.92 Million CN¥3.19 Billion CN¥1.91 Billion CN¥1.76 Billion ▼ -4.1 pp
2018 8.8% CN¥318.38 Million CN¥3.60 Billion CN¥2.00 Billion CN¥1.68 Billion ▼ -6.5 pp
2017 15.3% CN¥541.83 Million CN¥3.54 Billion CN¥2.83 Billion CN¥2.29 Billion ▼ -7.6 pp
2016 22.9% CN¥919.25 Million CN¥4.01 Billion CN¥2.29 Billion CN¥1.37 Billion ▼ -12.4 pp
2015 35.3% CN¥905.83 Million CN¥2.56 Billion CN¥1.89 Billion CN¥985.33 Million
pp = percentage points