Guangdong Shenling Environmental Systems Co. Ltd. (301018) — Working Capital to Net Assets Ratio
Guangdong Shenling Environmental Systems Co. Ltd. (301018) has a Working Capital to Net Assets ratio of 58.4% as of March 2026. Working capital of CN¥1.63 Billion (current assets of CN¥4.80 Billion minus current liabilities of CN¥3.17 Billion) is measured against net assets of CN¥2.78 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Guangdong Shenling Environmental Systems (301018) balance sheet quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Guangdong Shenling Environmental Systems Co. Ltd. Working Capital to Net Assets (2014–2025)
This chart shows how Guangdong Shenling Environmental Systems Co. Ltd.'s Working Capital to Net Assets ratio has evolved across 12 annual periods from 2014 to 2025. As of March 2026, the ratio stands at 58.4%, reflecting working capital of CN¥1.63 Billion against net assets of CN¥2.78 Billion CNY. Check Guangdong Shenling Environmental Systems (301018) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Guangdong Shenling Environmental Systems Co. Ltd. (2014–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Guangdong Shenling Environmental Systems Co. Ltd. from 2014 to 2025, covering 12 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 Guangdong Shenling Environmental Systems market capitalisation.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 51.1% | CN¥1.41 Billion | CN¥2.75 Billion | CN¥4.25 Billion | CN¥2.84 Billion | ▲ +1.2 pp |
| 2024 | 49.9% | CN¥1.27 Billion | CN¥2.55 Billion | CN¥3.53 Billion | CN¥2.25 Billion | ▼ -17.5 pp |
| 2023 | 67.4% | CN¥1.67 Billion | CN¥2.47 Billion | CN¥3.25 Billion | CN¥1.58 Billion | ▲ +12.9 pp |
| 2022 | 54.5% | CN¥869.76 Million | CN¥1.60 Billion | CN¥2.23 Billion | CN¥1.36 Billion | ▲ +7.3 pp |
| 2021 | 47.2% | CN¥681.15 Million | CN¥1.44 Billion | CN¥2.00 Billion | CN¥1.32 Billion | ▼ -3.5 pp |
| 2020 | 50.6% | CN¥451.44 Million | CN¥891.59 Million | CN¥1.66 Billion | CN¥1.20 Billion | ▼ -12.7 pp |
| 2019 | 63.3% | CN¥512.28 Million | CN¥809.42 Million | CN¥1.39 Billion | CN¥881.06 Million | ▼ -9.5 pp |
| 2018 | 72.8% | CN¥538.11 Million | CN¥739.49 Million | CN¥1.21 Billion | CN¥671.73 Million | ▼ -12.6 pp |
| 2017 | 85.4% | CN¥574.32 Million | CN¥672.43 Million | CN¥1.20 Billion | CN¥625.19 Million | ▲ +1.3 pp |
| 2016 | 84.1% | CN¥518.26 Million | CN¥616.02 Million | CN¥1.07 Billion | CN¥553.62 Million | ▲ +14.9 pp |
| 2015 | 69.3% | CN¥386.35 Million | CN¥557.67 Million | CN¥940.69 Million | CN¥554.35 Million | ▼ -11.1 pp |
| 2014 | 80.3% | CN¥392.13 Million | CN¥488.03 Million | CN¥901.17 Million | CN¥509.03 Million | — |