Xining Special Steel Co Ltd Working Capital to Net Assets Ratio
Xining Special Steel Co Ltd working capital to net assets ratio. Xining Special Steel Co Ltd (600117) has a Working Capital to Net Assets ratio of -50.4% as of March 2026. Working capital of CN¥-2.58 Billion (current assets of CN¥2.60 Billion minus current liabilities of CN¥5.18 Billion) is measured against net assets of CN¥5.12 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check 600117 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Xining Special Steel Co Ltd (1994–2025)
Working capital to net assets ratio of Xining Special Steel Co Ltd from 1994 to 2025. This chart shows how Xining Special Steel Co Ltd's Working Capital to Net Assets ratio has evolved across 32 annual periods from 1994 to 2025. As of March 2026, the ratio stands at -50.4%, reflecting working capital of CN¥-2.58 Billion against net assets of CN¥5.12 Billion CNY. See defensive interval ratio of Xining Special Steel Co Ltd to measure how many days the company can operate on defensive assets alone.
Xining Special Steel Co Ltd Working Capital to Net Assets Ratio by Year (1994–2025)
Xining Special Steel Co Ltd working capital to net assets ratio by year from 1994 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Xining Special Steel Co Ltd from 1994 to 2025, covering 32 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 600117 current and non-current assets.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -43.1% | CN¥-2.33 Billion | CN¥5.42 Billion | CN¥2.32 Billion | CN¥4.65 Billion | ▼ -25.3 pp |
| 2024 | -17.8% | CN¥-1.16 Billion | CN¥6.53 Billion | CN¥2.46 Billion | CN¥3.62 Billion | ▼ -18.2 pp |
| 2023 | 0.4% | CN¥28.44 Million | CN¥7.69 Billion | CN¥3.29 Billion | CN¥3.26 Billion | ▲ +1468.5 pp |
| 2022 | -1468.1% | CN¥-8.26 Billion | CN¥562.58 Million | CN¥6.35 Billion | CN¥14.61 Billion | ▼ -1183.1 pp |
| 2021 | -285.0% | CN¥-6.23 Billion | CN¥2.19 Billion | CN¥7.55 Billion | CN¥13.78 Billion | ▼ -151.5 pp |
| 2020 | -133.5% | CN¥-6.61 Billion | CN¥4.95 Billion | CN¥6.84 Billion | CN¥13.45 Billion | ▼ -65.3 pp |
| 2019 | -68.2% | CN¥-3.34 Billion | CN¥4.89 Billion | CN¥7.06 Billion | CN¥10.40 Billion | ▲ +485.4 pp |
| 2018 | -553.6% | CN¥-9.21 Billion | CN¥1.66 Billion | CN¥6.97 Billion | CN¥16.18 Billion | ▼ -325.9 pp |
| 2017 | -227.7% | CN¥-8.44 Billion | CN¥3.71 Billion | CN¥6.80 Billion | CN¥15.24 Billion | ▲ +93.6 pp |
| 2016 | -321.3% | CN¥-11.54 Billion | CN¥3.59 Billion | CN¥7.36 Billion | CN¥18.91 Billion | ▲ +369.8 pp |
| 2015 | -691.1% | CN¥-12.57 Billion | CN¥1.82 Billion | CN¥6.49 Billion | CN¥19.06 Billion | ▼ -429.0 pp |
| 2014 | -262.1% | CN¥-9.17 Billion | CN¥3.50 Billion | CN¥5.50 Billion | CN¥14.67 Billion | ▼ -34.6 pp |
| 2013 | -227.5% | CN¥-8.16 Billion | CN¥3.59 Billion | CN¥3.94 Billion | CN¥12.10 Billion | ▼ -60.4 pp |
| 2012 | -167.1% | CN¥-6.10 Billion | CN¥3.65 Billion | CN¥2.26 Billion | CN¥8.37 Billion | ▼ -45.1 pp |
| 2011 | -122.0% | CN¥-4.37 Billion | CN¥3.58 Billion | CN¥3.09 Billion | CN¥7.46 Billion | ▲ +0.6 pp |
| 2010 | -122.6% | CN¥-3.81 Billion | CN¥3.11 Billion | CN¥3.43 Billion | CN¥7.24 Billion | ▼ -22.0 pp |
| 2009 | -100.5% | CN¥-2.94 Billion | CN¥2.92 Billion | CN¥2.95 Billion | CN¥5.89 Billion | ▼ -7.0 pp |
| 2008 | -93.5% | CN¥-2.82 Billion | CN¥3.01 Billion | CN¥3.34 Billion | CN¥6.15 Billion | ▼ -27.7 pp |
| 2007 | -65.9% | CN¥-1.91 Billion | CN¥2.90 Billion | CN¥3.38 Billion | CN¥5.29 Billion | ▲ +31.6 pp |
| 2006 | -97.5% | CN¥-2.15 Billion | CN¥2.21 Billion | CN¥1.66 Billion | CN¥3.82 Billion | ▼ -41.3 pp |
| 2005 | -56.2% | CN¥-1.20 Billion | CN¥2.14 Billion | CN¥1.61 Billion | CN¥2.81 Billion | ▼ -64.5 pp |
| 2004 | 8.3% | CN¥163.80 Million | CN¥1.96 Billion | CN¥2.29 Billion | CN¥2.12 Billion | ▼ -34.5 pp |
| 2003 | 42.9% | CN¥557.75 Million | CN¥1.30 Billion | CN¥1.95 Billion | CN¥1.40 Billion | ▲ +42.8 pp |
| 2002 | 0.1% | CN¥786.00K | CN¥1.21 Billion | CN¥1.71 Billion | CN¥1.71 Billion | ▼ -34.7 pp |
| 2001 | 34.8% | CN¥486.89 Million | CN¥1.40 Billion | CN¥1.61 Billion | CN¥1.12 Billion | ▼ -13.9 pp |
| 2000 | 48.7% | CN¥661.72 Million | CN¥1.36 Billion | CN¥1.72 Billion | CN¥1.06 Billion | ▼ -13.6 pp |
| 1999 | 62.3% | CN¥655.25 Million | CN¥1.05 Billion | CN¥1.48 Billion | CN¥829.35 Million | ▲ +10.2 pp |
| 1998 | 52.0% | CN¥500.10 Million | CN¥961.30 Million | CN¥1.45 Billion | CN¥952.15 Million | ▼ -15.6 pp |
| 1997 | 67.6% | CN¥580.83 Million | CN¥858.95 Million | CN¥1.38 Billion | CN¥797.49 Million | ▲ +19.0 pp |
| 1996 | 48.6% | CN¥157.18 Million | CN¥323.25 Million | CN¥893.29 Million | CN¥736.11 Million | ▲ +14.8 pp |
| 1995 | 33.8% | CN¥88.59 Million | CN¥261.80 Million | CN¥832.63 Million | CN¥744.04 Million | ▼ -3.3 pp |
| 1994 | 37.1% | CN¥77.26 Million | CN¥208.16 Million | CN¥771.44 Million | CN¥694.18 Million | — |