Shanghai Prosolar Resources Development Co Ltd Working Capital to Net Assets Ratio

Latest as of June 2025: -110.7%

Shanghai Prosolar Resources Development Co Ltd 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. Check Shanghai Prosolar Resources Development tangible book value ratio to evaluate the tangible quality of the company's equity base.

WC/NA Ratio

-110.7%
Working Capital / Net Assets

Working Capital

CN¥-99.47 Million
CNY

Current Assets

CN¥339.18 Million
CNY

Current Liabilities

CN¥438.65 Million
CNY

Working Capital to Net Assets Ratio of Shanghai Prosolar Resources Development Co Ltd (2015–2024)

Working capital to net assets ratio of Shanghai Prosolar Resources Development Co Ltd from 2015 to 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. See operational self-sufficiency of Shanghai Prosolar Resources Development to measure how many days the company can operate on defensive assets alone.

Shanghai Prosolar Resources Development Co Ltd Working Capital to Net Assets Ratio by Year (2015–2024)

Shanghai Prosolar Resources Development Co Ltd working capital to net assets ratio by year from 2015 to 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. For the complete balance sheet picture, see total assets of Shanghai Prosolar Resources Development .

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 —
pp = percentage points