Henan Zhongyuan Expressway Co Ltd (600020) — Working Capital to Net Assets Ratio
Henan Zhongyuan Expressway Co Ltd (600020) has a Working Capital to Net Assets ratio of 16.1% as of September 2025. Working capital of CN¥1.91 Billion (current assets of CN¥7.11 Billion minus current liabilities of CN¥5.20 Billion) is measured against net assets of CN¥11.89 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See debt-free asset ratio of Henan Zhongyuan Expressway Co Ltd to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Henan Zhongyuan Expressway Co Ltd Working Capital to Net Assets (2000–2024)
This chart shows how Henan Zhongyuan Expressway Co Ltd's Working Capital to Net Assets ratio has evolved across 25 annual periods from 2000 to 2024. As of September 2025, the ratio stands at 16.1%, reflecting working capital of CN¥1.91 Billion against net assets of CN¥11.89 Billion CNY. Check how tangible is Henan Zhongyuan Expressway Co Ltd's equity to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Henan Zhongyuan Expressway Co Ltd (2000–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Henan Zhongyuan Expressway Co Ltd from 2000 to 2024, covering 25 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 600020 market cap overview.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 5.4% | CN¥815.97 Million | CN¥15.21 Billion | CN¥6.67 Billion | CN¥5.85 Billion | ▲ +15.9 pp |
| 2023 | -10.5% | CN¥-1.55 Billion | CN¥14.76 Billion | CN¥6.19 Billion | CN¥7.74 Billion | ▲ +16.1 pp |
| 2022 | -26.7% | CN¥-3.36 Billion | CN¥12.62 Billion | CN¥6.18 Billion | CN¥9.54 Billion | ▼ -20.2 pp |
| 2021 | -6.5% | CN¥-804.00 Million | CN¥12.40 Billion | CN¥6.14 Billion | CN¥6.94 Billion | ▲ +46.4 pp |
| 2020 | -52.9% | CN¥-6.33 Billion | CN¥11.96 Billion | CN¥5.37 Billion | CN¥11.70 Billion | ▲ +9.8 pp |
| 2019 | -62.7% | CN¥-7.65 Billion | CN¥12.20 Billion | CN¥5.56 Billion | CN¥13.20 Billion | ▼ -12.9 pp |
| 2018 | -49.7% | CN¥-5.57 Billion | CN¥11.21 Billion | CN¥5.90 Billion | CN¥11.47 Billion | ▲ +15.2 pp |
| 2017 | -65.0% | CN¥-8.65 Billion | CN¥13.31 Billion | CN¥3.39 Billion | CN¥12.04 Billion | ▲ +17.8 pp |
| 2016 | -82.8% | CN¥-10.17 Billion | CN¥12.29 Billion | CN¥3.44 Billion | CN¥13.61 Billion | ▼ -27.2 pp |
| 2015 | -55.6% | CN¥-6.75 Billion | CN¥12.14 Billion | CN¥4.89 Billion | CN¥11.64 Billion | ▼ -9.6 pp |
| 2014 | -45.9% | CN¥-3.56 Billion | CN¥7.75 Billion | CN¥4.86 Billion | CN¥8.42 Billion | ▼ -9.9 pp |
| 2013 | -36.1% | CN¥-2.52 Billion | CN¥6.99 Billion | CN¥5.87 Billion | CN¥8.39 Billion | ▲ +57.9 pp |
| 2012 | -94.0% | CN¥-6.42 Billion | CN¥6.82 Billion | CN¥3.19 Billion | CN¥9.60 Billion | ▼ -28.0 pp |
| 2011 | -66.0% | CN¥-4.20 Billion | CN¥6.36 Billion | CN¥3.54 Billion | CN¥7.74 Billion | ▼ -33.9 pp |
| 2010 | -32.1% | CN¥-2.02 Billion | CN¥6.27 Billion | CN¥4.56 Billion | CN¥6.58 Billion | ▼ -26.3 pp |
| 2009 | -5.8% | CN¥-337.76 Million | CN¥5.82 Billion | CN¥4.29 Billion | CN¥4.63 Billion | ▲ +33.7 pp |
| 2008 | -39.5% | CN¥-2.17 Billion | CN¥5.49 Billion | CN¥2.86 Billion | CN¥5.03 Billion | ▼ -9.6 pp |
| 2007 | -29.9% | CN¥-1.56 Billion | CN¥5.24 Billion | CN¥1.90 Billion | CN¥3.46 Billion | ▼ -42.6 pp |
| 2006 | 12.7% | CN¥593.47 Million | CN¥4.66 Billion | CN¥2.29 Billion | CN¥1.70 Billion | ▲ +5.3 pp |
| 2005 | 7.5% | CN¥313.50 Million | CN¥4.20 Billion | CN¥971.95 Million | CN¥658.45 Million | ▼ -8.0 pp |
| 2004 | 15.5% | CN¥579.90 Million | CN¥3.74 Billion | CN¥1.17 Billion | CN¥586.74 Million | ▼ -34.5 pp |
| 2003 | 50.0% | CN¥1.87 Billion | CN¥3.75 Billion | CN¥2.14 Billion | CN¥263.96 Million | ▲ +38.7 pp |
| 2002 | 11.3% | CN¥197.23 Million | CN¥1.75 Billion | CN¥772.76 Million | CN¥575.53 Million | ▲ +26.3 pp |
| 2001 | -15.0% | CN¥-216.49 Million | CN¥1.44 Billion | CN¥230.31 Million | CN¥446.80 Million | ▲ +52.8 pp |
| 2000 | -67.8% | CN¥-803.48 Million | CN¥1.18 Billion | CN¥20.63 Million | CN¥824.11 Million | — |