Shanghai Prosolar Resources Development Co Ltd (600193) — Working Capital to Net Assets Ratio
Shanghai Prosolar Resources Development Co Ltd (600193) has a Working Capital to Net Assets ratio of -110.7% as of June 2025. Working capital of CN¥-99.47 Million (current assets of CN¥339.18 Million minus current liabilities of CN¥438.65 Million) is measured against net assets of CN¥89.87 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Shanghai Prosolar Resources Development defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Shanghai Prosolar Resources Development Co Ltd Working Capital to Net Assets (2015–2024)
This chart shows how Shanghai Prosolar Resources Development Co Ltd's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2015 to 2024. As of June 2025, the ratio stands at -110.7%, reflecting working capital of CN¥-99.47 Million against net assets of CN¥89.87 Million CNY. For the complete balance sheet picture, see 600193 asset base.
Annual Working Capital to Net Assets for Shanghai Prosolar Resources Development Co Ltd (2015–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Shanghai Prosolar Resources Development Co Ltd from 2015 to 2024, covering 10 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 Shanghai Prosolar Resources Development '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) |
|---|---|---|---|---|---|---|
| 2024 | -85.7% | CN¥-88.73 Million | CN¥103.56 Million | CN¥379.80 Million | CN¥468.52 Million | ▼ -122.1 pp |
| 2023 | 36.5% | CN¥108.22 Million | CN¥296.80 Million | CN¥531.57 Million | CN¥423.34 Million | ▼ -4.0 pp |
| 2022 | 40.5% | CN¥128.84 Million | CN¥318.46 Million | CN¥537.15 Million | CN¥408.30 Million | ▲ +3.8 pp |
| 2021 | 36.6% | CN¥128.76 Million | CN¥351.40 Million | CN¥1.05 Billion | CN¥925.30 Million | ▲ +6.9 pp |
| 2020 | 29.8% | CN¥97.35 Million | CN¥326.99 Million | CN¥1.07 Billion | CN¥973.53 Million | ▲ +20.0 pp |
| 2019 | 9.8% | CN¥25.89 Million | CN¥263.88 Million | CN¥841.35 Million | CN¥815.46 Million | ▲ +10.4 pp |
| 2018 | -0.6% | CN¥-1.29 Million | CN¥213.41 Million | CN¥122.17 Million | CN¥123.46 Million | ▲ +15.0 pp |
| 2017 | -15.6% | CN¥-28.34 Million | CN¥181.64 Million | CN¥69.14 Million | CN¥97.48 Million | ▼ -34.6 pp |
| 2016 | 19.0% | CN¥48.86 Million | CN¥257.82 Million | CN¥92.28 Million | CN¥43.42 Million | ▲ +5.3 pp |
| 2015 | 13.7% | CN¥52.54 Million | CN¥383.99 Million | CN¥71.81 Million | CN¥19.26 Million | — |