Shandong Longhua New Material Co. Ltd. (301149) — Working Capital to Net Assets Ratio
Shandong Longhua New Material Co. Ltd. (301149) has a Working Capital to Net Assets ratio of 30.5% as of March 2026. Working capital of CN¥741.44 Million (current assets of CN¥2.34 Billion minus current liabilities of CN¥1.60 Billion) is measured against net assets of CN¥2.43 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 301149 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Shandong Longhua New Material Co. Ltd. Working Capital to Net Assets (2015–2025)
This chart shows how Shandong Longhua New Material 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 30.5%, reflecting working capital of CN¥741.44 Million against net assets of CN¥2.43 Billion CNY. For the complete balance sheet picture, see 301149 total assets.
Annual Working Capital to Net Assets for Shandong Longhua New Material Co. Ltd. (2015–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Shandong Longhua New Material 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. Check 301149 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 37.7% | CN¥897.30 Million | CN¥2.38 Billion | CN¥2.17 Billion | CN¥1.27 Billion | ▼ -7.0 pp |
| 2024 | 44.7% | CN¥858.22 Million | CN¥1.92 Billion | CN¥1.68 Billion | CN¥822.84 Million | ▼ -2.4 pp |
| 2023 | 47.1% | CN¥868.38 Million | CN¥1.84 Billion | CN¥1.40 Billion | CN¥529.64 Million | ▼ -2.4 pp |
| 2022 | 49.5% | CN¥808.65 Million | CN¥1.63 Billion | CN¥1.08 Billion | CN¥268.13 Million | ▼ -20.7 pp |
| 2021 | 70.2% | CN¥1.08 Billion | CN¥1.54 Billion | CN¥1.28 Billion | CN¥200.91 Million | ▲ +17.9 pp |
| 2020 | 52.4% | CN¥362.73 Million | CN¥692.82 Million | CN¥539.39 Million | CN¥176.66 Million | ▼ -3.3 pp |
| 2019 | 55.6% | CN¥322.03 Million | CN¥579.10 Million | CN¥426.00 Million | CN¥103.97 Million | ▲ +13.6 pp |
| 2018 | 42.0% | CN¥201.89 Million | CN¥480.62 Million | CN¥389.41 Million | CN¥187.51 Million | ▲ +10.8 pp |
| 2017 | 31.2% | CN¥133.81 Million | CN¥428.46 Million | CN¥293.75 Million | CN¥159.94 Million | ▲ +34.6 pp |
| 2016 | -3.4% | CN¥-9.15 Million | CN¥268.16 Million | CN¥189.20 Million | CN¥198.36 Million | ▼ -12.4 pp |
| 2015 | 9.0% | CN¥18.22 Million | CN¥202.38 Million | CN¥245.30 Million | CN¥227.08 Million | — |