Sh Belling Working Capital to Net Assets Ratio
Sh Belling working capital to net assets ratio. Sh Belling (600171) has a Working Capital to Net Assets ratio of 53.4% as of March 2026. Working capital of CN¥2.43 Billion (current assets of CN¥3.04 Billion minus current liabilities of CN¥614.21 Million) is measured against net assets of CN¥4.55 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check how tangible is Sh Belling's equity 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 Sh Belling (1995–2025)
Working capital to net assets ratio of Sh Belling from 1995 to 2025. This chart shows how Sh Belling's Working Capital to Net Assets ratio has evolved across 31 annual periods from 1995 to 2025. As of March 2026, the ratio stands at 53.4%, reflecting working capital of CN¥2.43 Billion against net assets of CN¥4.55 Billion CNY. See defensive interval ratio of Sh Belling to measure how many days the company can operate on defensive assets alone.
Sh Belling Working Capital to Net Assets Ratio by Year (1995–2025)
Sh Belling working capital to net assets ratio by year from 1995 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Sh Belling from 1995 to 2025, covering 31 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 Sh Belling total assets.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 55.0% | CN¥2.49 Billion | CN¥4.53 Billion | CN¥3.18 Billion | CN¥693.96 Million | ▼ -6.2 pp |
| 2024 | 61.2% | CN¥2.70 Billion | CN¥4.41 Billion | CN¥3.42 Billion | CN¥723.61 Million | ▲ +11.8 pp |
| 2023 | 49.4% | CN¥2.00 Billion | CN¥4.06 Billion | CN¥2.65 Billion | CN¥640.97 Million | ▼ -2.2 pp |
| 2022 | 51.6% | CN¥2.18 Billion | CN¥4.23 Billion | CN¥2.76 Billion | CN¥581.91 Million | ▼ -9.8 pp |
| 2021 | 61.5% | CN¥2.45 Billion | CN¥3.98 Billion | CN¥2.95 Billion | CN¥506.88 Million | ▲ +17.7 pp |
| 2020 | 43.8% | CN¥1.46 Billion | CN¥3.33 Billion | CN¥1.81 Billion | CN¥352.35 Million | ▼ -23.3 pp |
| 2019 | 67.2% | CN¥2.06 Billion | CN¥3.07 Billion | CN¥2.25 Billion | CN¥189.06 Million | ▲ +7.0 pp |
| 2018 | 60.1% | CN¥1.48 Billion | CN¥2.46 Billion | CN¥1.68 Billion | CN¥204.66 Million | ▲ +2.5 pp |
| 2017 | 57.6% | CN¥1.40 Billion | CN¥2.42 Billion | CN¥1.67 Billion | CN¥272.34 Million | ▼ -20.0 pp |
| 2016 | 77.6% | CN¥1.45 Billion | CN¥1.87 Billion | CN¥1.63 Billion | CN¥170.16 Million | ▲ +2.1 pp |
| 2015 | 75.5% | CN¥1.40 Billion | CN¥1.85 Billion | CN¥1.55 Billion | CN¥156.33 Million | ▲ +35.1 pp |
| 2014 | 40.4% | CN¥665.45 Million | CN¥1.65 Billion | CN¥814.79 Million | CN¥149.34 Million | ▲ +5.1 pp |
| 2013 | 35.2% | CN¥631.32 Million | CN¥1.79 Billion | CN¥854.89 Million | CN¥223.57 Million | ▼ -3.1 pp |
| 2012 | 38.4% | CN¥674.61 Million | CN¥1.76 Billion | CN¥844.15 Million | CN¥169.53 Million | ▼ -1.0 pp |
| 2011 | 39.4% | CN¥680.59 Million | CN¥1.73 Billion | CN¥837.25 Million | CN¥156.66 Million | ▼ -2.8 pp |
| 2010 | 42.2% | CN¥718.48 Million | CN¥1.70 Billion | CN¥839.93 Million | CN¥121.46 Million | ▲ +2.2 pp |
| 2009 | 39.9% | CN¥671.60 Million | CN¥1.68 Billion | CN¥786.89 Million | CN¥115.29 Million | ▼ -0.6 pp |
| 2008 | 40.6% | CN¥714.36 Million | CN¥1.76 Billion | CN¥857.47 Million | CN¥143.12 Million | ▲ +0.0 pp |
| 2007 | 40.5% | CN¥734.88 Million | CN¥1.81 Billion | CN¥868.36 Million | CN¥133.48 Million | ▲ +0.5 pp |
| 2006 | 40.0% | CN¥709.06 Million | CN¥1.77 Billion | CN¥858.32 Million | CN¥149.27 Million | ▼ -2.9 pp |
| 2005 | 42.9% | CN¥757.12 Million | CN¥1.77 Billion | CN¥932.59 Million | CN¥175.48 Million | ▼ -2.9 pp |
| 2004 | 45.8% | CN¥804.16 Million | CN¥1.76 Billion | CN¥1.04 Billion | CN¥237.87 Million | ▼ -17.6 pp |
| 2003 | 63.4% | CN¥1.10 Billion | CN¥1.74 Billion | CN¥1.32 Billion | CN¥215.26 Million | ▲ +12.3 pp |
| 2002 | 51.1% | CN¥686.64 Million | CN¥1.34 Billion | CN¥891.90 Million | CN¥205.26 Million | ▼ -18.3 pp |
| 2001 | 69.4% | CN¥885.65 Million | CN¥1.28 Billion | CN¥1.10 Billion | CN¥209.99 Million | ▼ -3.4 pp |
| 2000 | 72.8% | CN¥874.55 Million | CN¥1.20 Billion | CN¥1.13 Billion | CN¥250.75 Million | ▼ -10.9 pp |
| 1999 | 83.7% | CN¥923.45 Million | CN¥1.10 Billion | CN¥1.06 Billion | CN¥141.41 Million | ▼ -0.8 pp |
| 1998 | 84.5% | CN¥887.58 Million | CN¥1.05 Billion | CN¥1.09 Billion | CN¥197.47 Million | ▲ +61.5 pp |
| 1997 | 22.9% | CN¥49.14 Million | CN¥214.18 Million | CN¥410.26 Million | CN¥361.13 Million | ▼ -7.8 pp |
| 1996 | 30.7% | CN¥65.80 Million | CN¥214.17 Million | CN¥336.15 Million | CN¥270.35 Million | ▲ +0.2 pp |
| 1995 | 30.5% | CN¥62.10 Million | CN¥203.68 Million | CN¥286.37 Million | CN¥224.27 Million | — |