Langfang Development Co Ltd (600149) — Working Capital to Net Assets Ratio
Langfang Development Co Ltd (600149) has a Working Capital to Net Assets ratio of 20.9% as of September 2025. Working capital of CN¥69.07 Million (current assets of CN¥258.21 Million minus current liabilities of CN¥189.14 Million) is measured against net assets of CN¥330.52 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See 600149 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
Langfang Development Co Ltd Working Capital to Net Assets (1996–2024)
This chart shows how Langfang Development Co Ltd's Working Capital to Net Assets ratio has evolved across 29 annual periods from 1996 to 2024. As of September 2025, the ratio stands at 20.9%, reflecting working capital of CN¥69.07 Million against net assets of CN¥330.52 Million CNY. For the complete balance sheet picture, see total assets of Langfang Development Co Ltd.
Annual Working Capital to Net Assets for Langfang Development Co Ltd (1996–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Langfang Development Co Ltd from 1996 to 2024, covering 29 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 600149 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) |
|---|---|---|---|---|---|---|
| 2024 | 20.3% | CN¥65.24 Million | CN¥322.18 Million | CN¥309.65 Million | CN¥244.40 Million | ▲ +66.4 pp |
| 2023 | -46.1% | CN¥-102.44 Million | CN¥222.02 Million | CN¥156.81 Million | CN¥259.26 Million | ▼ -28.6 pp |
| 2022 | -17.5% | CN¥-43.28 Million | CN¥247.41 Million | CN¥194.13 Million | CN¥237.42 Million | ▼ -23.1 pp |
| 2021 | 5.6% | CN¥14.66 Million | CN¥263.67 Million | CN¥179.97 Million | CN¥165.31 Million | ▲ +12.1 pp |
| 2020 | -6.5% | CN¥-16.65 Million | CN¥256.12 Million | CN¥176.66 Million | CN¥193.31 Million | ▼ -18.1 pp |
| 2019 | 11.6% | CN¥32.93 Million | CN¥283.03 Million | CN¥189.85 Million | CN¥156.92 Million | ▲ +5.3 pp |
| 2018 | 6.4% | CN¥16.59 Million | CN¥259.91 Million | CN¥164.20 Million | CN¥147.61 Million | ▼ -24.7 pp |
| 2017 | 31.0% | CN¥63.44 Million | CN¥204.37 Million | CN¥190.73 Million | CN¥127.29 Million | ▲ +9.9 pp |
| 2016 | 21.1% | CN¥38.87 Million | CN¥184.06 Million | CN¥63.42 Million | CN¥24.56 Million | ▼ -65.4 pp |
| 2015 | 86.5% | CN¥181.02 Million | CN¥209.29 Million | CN¥209.67 Million | CN¥28.65 Million | ▲ +43.2 pp |
| 2014 | 43.3% | CN¥118.52 Million | CN¥273.77 Million | CN¥146.33 Million | CN¥27.80 Million | ▲ +14.0 pp |
| 2013 | 29.3% | CN¥78.13 Million | CN¥266.76 Million | CN¥120.28 Million | CN¥42.16 Million | ▼ -8.0 pp |
| 2012 | 37.3% | CN¥118.33 Million | CN¥317.39 Million | CN¥143.99 Million | CN¥25.65 Million | ▼ -17.9 pp |
| 2011 | 55.2% | CN¥174.08 Million | CN¥315.42 Million | CN¥216.90 Million | CN¥42.81 Million | ▲ +10.1 pp |
| 2010 | 45.1% | CN¥119.14 Million | CN¥264.25 Million | CN¥165.05 Million | CN¥45.91 Million | ▲ +10.9 pp |
| 2009 | 34.2% | CN¥204.17 Million | CN¥597.04 Million | CN¥236.25 Million | CN¥32.08 Million | ▲ +1.7 pp |
| 2008 | 32.5% | CN¥198.86 Million | CN¥611.34 Million | CN¥224.90 Million | CN¥26.03 Million | ▲ +6.0 pp |
| 2007 | 26.6% | CN¥162.15 Million | CN¥610.50 Million | CN¥167.77 Million | CN¥5.62 Million | ▼ -3.9 pp |
| 2006 | 30.4% | CN¥182.61 Million | CN¥599.73 Million | CN¥286.27 Million | CN¥103.66 Million | ▼ -3.9 pp |
| 2005 | 34.4% | CN¥201.19 Million | CN¥585.68 Million | CN¥305.93 Million | CN¥104.74 Million | ▲ +1.1 pp |
| 2004 | 33.3% | CN¥198.18 Million | CN¥595.26 Million | CN¥375.78 Million | CN¥177.60 Million | ▼ -14.3 pp |
| 2003 | 47.6% | CN¥278.76 Million | CN¥586.23 Million | CN¥437.78 Million | CN¥159.02 Million | ▼ -16.3 pp |
| 2002 | 63.9% | CN¥346.53 Million | CN¥542.36 Million | CN¥595.02 Million | CN¥248.49 Million | ▲ +0.1 pp |
| 2001 | 63.8% | CN¥330.31 Million | CN¥518.09 Million | CN¥630.48 Million | CN¥300.17 Million | ▼ -6.6 pp |
| 2000 | 70.3% | CN¥368.26 Million | CN¥523.64 Million | CN¥619.02 Million | CN¥250.76 Million | ▲ +11.5 pp |
| 1999 | 58.8% | CN¥289.03 Million | CN¥491.39 Million | CN¥540.19 Million | CN¥251.16 Million | ▲ +12.3 pp |
| 1998 | 46.5% | CN¥100.17 Million | CN¥215.51 Million | CN¥357.96 Million | CN¥257.80 Million | ▲ +17.7 pp |
| 1997 | 28.8% | CN¥57.70 Million | CN¥200.42 Million | CN¥366.66 Million | CN¥308.96 Million | ▲ +13.1 pp |
| 1996 | 15.7% | CN¥26.57 Million | CN¥169.14 Million | CN¥311.68 Million | CN¥285.11 Million | — |