Huangshan Tourism Development Co Ltd A (600054) — Working Capital to Net Assets Ratio
Huangshan Tourism Development Co Ltd A (600054) has a Working Capital to Net Assets ratio of 26.3% as of March 2026. Working capital of CN¥1.32 Billion (current assets of CN¥1.94 Billion minus current liabilities of CN¥625.64 Million) is measured against net assets of CN¥5.00 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 600054 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Huangshan Tourism Development Co Ltd A Working Capital to Net Assets (1993–2025)
This chart shows how Huangshan Tourism Development Co Ltd A's Working Capital to Net Assets ratio has evolved across 33 annual periods from 1993 to 2025. As of March 2026, the ratio stands at 26.3%, reflecting working capital of CN¥1.32 Billion against net assets of CN¥5.00 Billion CNY. For the complete balance sheet picture, see balance sheet size of Huangshan Tourism Development Co Ltd A.
Annual Working Capital to Net Assets for Huangshan Tourism Development Co Ltd A (1993–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Huangshan Tourism Development Co Ltd A from 1993 to 2025, covering 33 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 how resilient are Huangshan Tourism Development Co Ltd A's assets 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 | 25.2% | CN¥1.25 Billion | CN¥4.98 Billion | CN¥2.00 Billion | CN¥743.05 Million | ▼ -5.4 pp |
| 2024 | 30.6% | CN¥1.49 Billion | CN¥4.86 Billion | CN¥2.00 Billion | CN¥517.47 Million | ▼ -9.4 pp |
| 2023 | 40.0% | CN¥1.88 Billion | CN¥4.69 Billion | CN¥2.51 Billion | CN¥637.28 Million | ▲ +3.8 pp |
| 2022 | 36.2% | CN¥1.55 Billion | CN¥4.29 Billion | CN¥2.03 Billion | CN¥482.44 Million | ▲ +1.4 pp |
| 2021 | 34.8% | CN¥1.57 Billion | CN¥4.51 Billion | CN¥1.95 Billion | CN¥380.01 Million | ▼ -3.8 pp |
| 2020 | 38.6% | CN¥1.72 Billion | CN¥4.47 Billion | CN¥2.08 Billion | CN¥358.99 Million | ▼ -2.7 pp |
| 2019 | 41.3% | CN¥1.87 Billion | CN¥4.52 Billion | CN¥2.21 Billion | CN¥342.98 Million | ▼ -2.0 pp |
| 2018 | 43.3% | CN¥1.83 Billion | CN¥4.23 Billion | CN¥2.24 Billion | CN¥406.10 Million | ▼ -0.2 pp |
| 2017 | 43.5% | CN¥1.83 Billion | CN¥4.20 Billion | CN¥2.23 Billion | CN¥402.84 Million | ▲ +12.0 pp |
| 2016 | 31.5% | CN¥1.33 Billion | CN¥4.22 Billion | CN¥1.94 Billion | CN¥615.33 Million | ▲ +2.2 pp |
| 2015 | 29.3% | CN¥880.96 Million | CN¥3.01 Billion | CN¥1.87 Billion | CN¥993.85 Million | ▲ +24.4 pp |
| 2014 | 4.8% | CN¥109.10 Million | CN¥2.25 Billion | CN¥1.20 Billion | CN¥1.10 Billion | ▲ +3.1 pp |
| 2013 | 1.7% | CN¥35.69 Million | CN¥2.06 Billion | CN¥1.25 Billion | CN¥1.21 Billion | ▲ +9.6 pp |
| 2012 | -7.9% | CN¥-152.12 Million | CN¥1.92 Billion | CN¥1.26 Billion | CN¥1.41 Billion | ▼ -13.2 pp |
| 2011 | 5.3% | CN¥91.72 Million | CN¥1.75 Billion | CN¥1.23 Billion | CN¥1.13 Billion | ▼ -9.9 pp |
| 2010 | 15.2% | CN¥226.80 Million | CN¥1.49 Billion | CN¥1.00 Billion | CN¥775.03 Million | ▼ -0.9 pp |
| 2009 | 16.1% | CN¥202.77 Million | CN¥1.26 Billion | CN¥767.26 Million | CN¥564.49 Million | ▲ +2.7 pp |
| 2008 | 13.4% | CN¥154.96 Million | CN¥1.16 Billion | CN¥625.57 Million | CN¥470.61 Million | ▼ -8.0 pp |
| 2007 | 21.4% | CN¥220.62 Million | CN¥1.03 Billion | CN¥663.25 Million | CN¥442.63 Million | ▲ +1.7 pp |
| 2006 | 19.8% | CN¥165.02 Million | CN¥835.29 Million | CN¥430.77 Million | CN¥265.75 Million | ▼ -11.9 pp |
| 2005 | 31.7% | CN¥228.25 Million | CN¥720.64 Million | CN¥442.69 Million | CN¥214.44 Million | ▲ +7.0 pp |
| 2004 | 24.7% | CN¥168.37 Million | CN¥682.18 Million | CN¥366.01 Million | CN¥197.65 Million | ▲ +12.2 pp |
| 2003 | 12.5% | CN¥86.53 Million | CN¥694.30 Million | CN¥266.36 Million | CN¥179.83 Million | ▼ -3.3 pp |
| 2002 | 15.7% | CN¥119.35 Million | CN¥758.14 Million | CN¥327.96 Million | CN¥208.60 Million | ▼ -4.3 pp |
| 2001 | 20.0% | CN¥148.43 Million | CN¥741.14 Million | CN¥338.63 Million | CN¥190.20 Million | ▼ -15.3 pp |
| 2000 | 35.3% | CN¥256.76 Million | CN¥726.85 Million | CN¥373.53 Million | CN¥116.77 Million | ▼ -3.3 pp |
| 1999 | 38.7% | CN¥268.22 Million | CN¥693.83 Million | CN¥389.67 Million | CN¥121.44 Million | ▼ -6.5 pp |
| 1998 | 45.1% | CN¥293.66 Million | CN¥650.72 Million | CN¥418.26 Million | CN¥124.60 Million | ▼ -6.7 pp |
| 1997 | 51.9% | CN¥330.95 Million | CN¥638.15 Million | CN¥387.71 Million | CN¥56.76 Million | ▲ +15.4 pp |
| 1996 | 36.4% | CN¥119.30 Million | CN¥327.60 Million | CN¥211.15 Million | CN¥91.85 Million | ▲ +81.7 pp |
| 1995 | -45.3% | CN¥-35.58 Million | CN¥78.62 Million | CN¥54.39 Million | CN¥89.97 Million | ▲ +10.2 pp |
| 1994 | -55.5% | CN¥-32.22 Million | CN¥58.09 Million | CN¥50.12 Million | CN¥82.34 Million | ▼ -41.2 pp |
| 1993 | -14.3% | CN¥-6.81 Million | CN¥47.71 Million | CN¥38.68 Million | CN¥45.49 Million | — |