Shandong Meichen Science & Technology Co Ltd Working Capital to Net Assets Ratio
Shandong Meichen Science & Technology Co Ltd working capital to net assets ratio. Shandong Meichen Science & Technology Co Ltd (300237) has a Working Capital to Net Assets ratio of -142.6% as of March 2026. Working capital of CN¥-230.17 Million (current assets of CN¥2.55 Billion minus current liabilities of CN¥2.78 Billion) is measured against net assets of CN¥161.43 Million. 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 Shandong Meichen Science & Technology Co Ltd (2015–2025)
Working capital to net assets ratio of Shandong Meichen Science & Technology Co Ltd from 2015 to 2025. This chart shows how Shandong Meichen Science & Technology Co Ltd's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2015 to 2025. As of March 2026, the ratio stands at -142.6%, reflecting working capital of CN¥-230.17 Million against net assets of CN¥161.43 Million CNY. Explore 300237 long-term investments to assets to see how much of total assets are deployed in long-term investments.
Shandong Meichen Science & Technology Co Ltd Working Capital to Net Assets Ratio by Year (2015–2025)
Shandong Meichen Science & Technology 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 Shandong Meichen Science & Technology 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 Shandong Meichen Science & Technology Co total assets.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -137.7% | CN¥-239.99 Million | CN¥174.32 Million | CN¥2.67 Billion | CN¥2.91 Billion | ▲ +391.4 pp |
| 2024 | -529.0% | CN¥-733.82 Million | CN¥138.71 Million | CN¥3.55 Billion | CN¥4.28 Billion | ▼ -465.4 pp |
| 2023 | -63.7% | CN¥-313.84 Million | CN¥492.97 Million | CN¥6.42 Billion | CN¥6.74 Billion | ▼ -126.8 pp |
| 2022 | 63.1% | CN¥687.98 Million | CN¥1.09 Billion | CN¥7.20 Billion | CN¥6.51 Billion | ▼ -11.5 pp |
| 2021 | 74.7% | CN¥1.83 Billion | CN¥2.45 Billion | CN¥7.98 Billion | CN¥6.15 Billion | ▼ -30.6 pp |
| 2020 | 105.3% | CN¥3.54 Billion | CN¥3.36 Billion | CN¥8.72 Billion | CN¥5.18 Billion | ▲ +18.3 pp |
| 2019 | 87.0% | CN¥3.24 Billion | CN¥3.73 Billion | CN¥8.64 Billion | CN¥5.40 Billion | ▲ +23.1 pp |
| 2018 | 64.0% | CN¥2.35 Billion | CN¥3.67 Billion | CN¥7.12 Billion | CN¥4.77 Billion | ▼ -7.0 pp |
| 2017 | 71.0% | CN¥2.38 Billion | CN¥3.36 Billion | CN¥6.22 Billion | CN¥3.84 Billion | ▲ +10.4 pp |
| 2016 | 60.6% | CN¥1.62 Billion | CN¥2.68 Billion | CN¥4.32 Billion | CN¥2.69 Billion | ▼ -4.5 pp |
| 2015 | 65.1% | CN¥1.46 Billion | CN¥2.25 Billion | CN¥3.47 Billion | CN¥2.01 Billion | — |