Kexin Development Co Ltd Shanxi (600234) — Working Capital to Net Assets Ratio
Kexin Development Co Ltd Shanxi (600234) has a Working Capital to Net Assets ratio of 27.6% as of March 2026. Working capital of CN¥131.86 Million (current assets of CN¥390.51 Million minus current liabilities of CN¥258.65 Million) is measured against net assets of CN¥478.37 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See defensive interval ratio of Kexin Development Co Ltd Shanxi to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Kexin Development Co Ltd Shanxi Working Capital to Net Assets (1997–2025)
This chart shows how Kexin Development Co Ltd Shanxi's Working Capital to Net Assets ratio has evolved across 29 annual periods from 1997 to 2025. As of March 2026, the ratio stands at 27.6%, reflecting working capital of CN¥131.86 Million against net assets of CN¥478.37 Million CNY. For the complete balance sheet picture, see Kexin Development Co Ltd Shanxi balance sheet assets.
Annual Working Capital to Net Assets for Kexin Development Co Ltd Shanxi (1997–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Kexin Development Co Ltd Shanxi from 1997 to 2025, 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 600234 asset resilience 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) |
|---|---|---|---|---|---|---|
| 2025 | 29.9% | CN¥139.79 Million | CN¥467.93 Million | CN¥369.38 Million | CN¥229.59 Million | ▲ +0.2 pp |
| 2024 | 29.7% | CN¥145.09 Million | CN¥488.13 Million | CN¥431.29 Million | CN¥286.21 Million | ▲ +5.7 pp |
| 2023 | 24.1% | CN¥107.43 Million | CN¥446.45 Million | CN¥231.75 Million | CN¥124.32 Million | ▼ -18.9 pp |
| 2022 | 42.9% | CN¥264.93 Million | CN¥617.18 Million | CN¥400.68 Million | CN¥135.75 Million | ▲ +0.6 pp |
| 2021 | 42.4% | CN¥269.08 Million | CN¥635.07 Million | CN¥578.81 Million | CN¥309.73 Million | ▲ +188.3 pp |
| 2020 | -145.9% | CN¥-218.93 Million | CN¥150.02 Million | CN¥585.76 Million | CN¥804.69 Million | ▲ +153.6 pp |
| 2019 | -299.6% | CN¥-279.00 Million | CN¥93.13 Million | CN¥132.72 Million | CN¥411.72 Million | ▲ +104.7 pp |
| 2018 | -404.3% | CN¥-294.26 Million | CN¥72.79 Million | CN¥39.24 Million | CN¥333.50 Million | ▼ -119.5 pp |
| 2017 | -284.8% | CN¥-252.50 Million | CN¥88.66 Million | CN¥19.44 Million | CN¥271.94 Million | ▼ -79.5 pp |
| 2016 | -205.3% | CN¥-239.81 Million | CN¥116.79 Million | CN¥25.31 Million | CN¥265.12 Million | ▲ +175.4 pp |
| 2015 | -380.8% | CN¥-260.27 Million | CN¥68.35 Million | CN¥6.86 Million | CN¥267.13 Million | ▼ -109.3 pp |
| 2014 | -271.5% | CN¥-231.40 Million | CN¥85.22 Million | CN¥17.08 Million | CN¥248.48 Million | ▼ -43.0 pp |
| 2013 | -228.5% | CN¥-174.62 Million | CN¥76.42 Million | CN¥14.63 Million | CN¥189.25 Million | ▼ -657.5 pp |
| 2012 | 429.0% | CN¥-367.03 Million | CN¥-85.56 Million | CN¥15.90 Million | CN¥382.92 Million | ▼ -136.4 pp |
| 2011 | 565.3% | CN¥-336.43 Million | CN¥-59.51 Million | CN¥47.62 Million | CN¥384.06 Million | ▲ +338.6 pp |
| 2010 | 226.8% | CN¥-399.33 Million | CN¥-176.10 Million | CN¥33.04 Million | CN¥432.37 Million | ▲ +0.7 pp |
| 2009 | 226.1% | CN¥-389.41 Million | CN¥-172.25 Million | CN¥27.77 Million | CN¥417.19 Million | ▲ +117.8 pp |
| 2008 | 108.3% | CN¥-442.26 Million | CN¥-408.50 Million | CN¥35.03 Million | CN¥477.29 Million | ▼ -1.7 pp |
| 2007 | 109.9% | CN¥-413.81 Million | CN¥-376.40 Million | CN¥33.27 Million | CN¥447.08 Million | ▲ +0.6 pp |
| 2006 | 109.4% | CN¥-764.05 Million | CN¥-698.60 Million | CN¥86.49 Million | CN¥850.54 Million | ▲ +0.5 pp |
| 2005 | 108.9% | CN¥-770.10 Million | CN¥-707.19 Million | CN¥33.76 Million | CN¥803.86 Million | ▼ -13.4 pp |
| 2004 | 122.3% | CN¥-468.22 Million | CN¥-382.96 Million | CN¥348.37 Million | CN¥816.59 Million | ▲ +73.5 pp |
| 2003 | 48.8% | CN¥77.76 Million | CN¥159.31 Million | CN¥672.97 Million | CN¥595.21 Million | ▲ +238.2 pp |
| 2002 | -189.4% | CN¥-150.42 Million | CN¥79.42 Million | CN¥127.85 Million | CN¥278.28 Million | ▼ -159.1 pp |
| 2001 | -30.3% | CN¥-66.70 Million | CN¥220.22 Million | CN¥205.82 Million | CN¥272.51 Million | ▼ -71.1 pp |
| 2000 | 40.8% | CN¥125.40 Million | CN¥307.11 Million | CN¥266.10 Million | CN¥140.70 Million | ▲ +65.2 pp |
| 1999 | -24.4% | CN¥-35.66 Million | CN¥146.40 Million | CN¥134.14 Million | CN¥169.80 Million | ▼ -4.3 pp |
| 1998 | -20.1% | CN¥-27.24 Million | CN¥135.50 Million | CN¥132.07 Million | CN¥159.31 Million | ▼ -16.1 pp |
| 1997 | -4.0% | CN¥-5.45 Million | CN¥135.65 Million | CN¥134.54 Million | CN¥139.99 Million | — |