Taiyuan Heavy Industry Co Ltd (600169) — Working Capital to Net Assets Ratio
Taiyuan Heavy Industry Co Ltd (600169) has a Working Capital to Net Assets ratio of 96.4% as of September 2025. Working capital of CN¥5.61 Billion (current assets of CN¥21.71 Billion minus current liabilities of CN¥16.10 Billion) is measured against net assets of CN¥5.81 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 600169 days of operational coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Taiyuan Heavy Industry Co Ltd Working Capital to Net Assets (1995–2024)
This chart shows how Taiyuan Heavy Industry Co Ltd's Working Capital to Net Assets ratio has evolved across 30 annual periods from 1995 to 2024. As of September 2025, the ratio stands at 96.4%, reflecting working capital of CN¥5.61 Billion against net assets of CN¥5.81 Billion CNY. For the complete balance sheet picture, see Taiyuan Heavy Industry Co Ltd balance sheet assets.
Annual Working Capital to Net Assets for Taiyuan Heavy Industry Co Ltd (1995–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Taiyuan Heavy Industry Co Ltd from 1995 to 2024, covering 30 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 Taiyuan Heavy Industry Co Ltd (600169) liquid assets 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 | 71.4% | CN¥4.22 Billion | CN¥5.92 Billion | CN¥20.86 Billion | CN¥16.64 Billion | ▼ -17.0 pp |
| 2023 | 88.3% | CN¥5.75 Billion | CN¥6.51 Billion | CN¥22.21 Billion | CN¥16.46 Billion | ▲ +28.0 pp |
| 2022 | 60.3% | CN¥3.85 Billion | CN¥6.39 Billion | CN¥22.71 Billion | CN¥18.86 Billion | ▲ +22.1 pp |
| 2021 | 38.2% | CN¥2.23 Billion | CN¥5.82 Billion | CN¥22.82 Billion | CN¥20.59 Billion | ▲ +41.4 pp |
| 2020 | -3.2% | CN¥-162.89 Million | CN¥5.09 Billion | CN¥24.85 Billion | CN¥25.02 Billion | ▲ +15.8 pp |
| 2019 | -19.0% | CN¥-641.30 Million | CN¥3.38 Billion | CN¥24.22 Billion | CN¥24.86 Billion | ▼ -23.8 pp |
| 2018 | 4.8% | CN¥202.24 Million | CN¥4.20 Billion | CN¥22.49 Billion | CN¥22.29 Billion | ▼ -10.7 pp |
| 2017 | 15.5% | CN¥646.75 Million | CN¥4.16 Billion | CN¥21.71 Billion | CN¥21.06 Billion | ▲ +47.7 pp |
| 2016 | -32.2% | CN¥-1.32 Billion | CN¥4.11 Billion | CN¥20.54 Billion | CN¥21.86 Billion | ▼ -69.6 pp |
| 2015 | 37.5% | CN¥2.04 Billion | CN¥5.44 Billion | CN¥20.56 Billion | CN¥18.52 Billion | ▲ +1.5 pp |
| 2014 | 36.0% | CN¥1.95 Billion | CN¥5.42 Billion | CN¥20.27 Billion | CN¥18.32 Billion | ▲ +0.5 pp |
| 2013 | 35.5% | CN¥1.92 Billion | CN¥5.41 Billion | CN¥16.99 Billion | CN¥15.07 Billion | ▼ -12.5 pp |
| 2012 | 48.0% | CN¥2.58 Billion | CN¥5.38 Billion | CN¥14.63 Billion | CN¥12.05 Billion | ▲ +1.7 pp |
| 2011 | 46.3% | CN¥2.65 Billion | CN¥5.71 Billion | CN¥14.29 Billion | CN¥11.65 Billion | ▼ -29.3 pp |
| 2010 | 75.6% | CN¥4.06 Billion | CN¥5.36 Billion | CN¥12.94 Billion | CN¥8.88 Billion | ▲ +16.3 pp |
| 2009 | 59.4% | CN¥1.81 Billion | CN¥3.06 Billion | CN¥9.14 Billion | CN¥7.32 Billion | ▲ +11.7 pp |
| 2008 | 47.7% | CN¥1.20 Billion | CN¥2.52 Billion | CN¥7.77 Billion | CN¥6.57 Billion | ▲ +11.1 pp |
| 2007 | 36.6% | CN¥442.66 Million | CN¥1.21 Billion | CN¥4.48 Billion | CN¥4.04 Billion | ▲ +12.1 pp |
| 2006 | 24.5% | CN¥228.46 Million | CN¥931.45 Million | CN¥3.36 Billion | CN¥3.13 Billion | ▼ -7.3 pp |
| 2005 | 31.8% | CN¥270.16 Million | CN¥849.72 Million | CN¥2.59 Billion | CN¥2.32 Billion | ▼ -6.8 pp |
| 2004 | 38.6% | CN¥317.38 Million | CN¥822.24 Million | CN¥2.10 Billion | CN¥1.78 Billion | ▲ +0.6 pp |
| 2003 | 38.0% | CN¥305.70 Million | CN¥804.12 Million | CN¥1.68 Billion | CN¥1.37 Billion | ▼ -9.2 pp |
| 2002 | 47.2% | CN¥417.37 Million | CN¥883.47 Million | CN¥1.45 Billion | CN¥1.03 Billion | ▼ -11.5 pp |
| 2001 | 58.7% | CN¥512.63 Million | CN¥873.22 Million | CN¥1.18 Billion | CN¥668.58 Million | ▼ -8.4 pp |
| 2000 | 67.1% | CN¥586.39 Million | CN¥873.40 Million | CN¥1.05 Billion | CN¥462.22 Million | ▲ +6.3 pp |
| 1999 | 60.8% | CN¥417.70 Million | CN¥686.52 Million | CN¥692.62 Million | CN¥274.91 Million | ▲ +15.7 pp |
| 1998 | 45.1% | CN¥279.88 Million | CN¥620.12 Million | CN¥509.94 Million | CN¥230.06 Million | ▼ -28.5 pp |
| 1997 | 73.7% | CN¥108.59 Million | CN¥147.39 Million | CN¥301.15 Million | CN¥192.56 Million | ▼ -1.5 pp |
| 1996 | 75.2% | CN¥96.07 Million | CN¥127.76 Million | CN¥286.26 Million | CN¥190.19 Million | ▼ -13.6 pp |
| 1995 | 88.8% | CN¥121.18 Million | CN¥136.49 Million | CN¥274.76 Million | CN¥153.58 Million | — |