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 34.3% as of September 2025. Working capital of CN¥178.42 Million (current assets of CN¥413.99 Million minus current liabilities of CN¥235.58 Million) is measured against net assets of CN¥519.56 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Kexin Development Co Ltd Shanxi balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Kexin Development Co Ltd Shanxi Working Capital to Net Assets (1997–2024)
This chart shows how Kexin Development Co Ltd Shanxi's Working Capital to Net Assets ratio has evolved across 28 annual periods from 1997 to 2024. As of September 2025, the ratio stands at 34.3%, reflecting working capital of CN¥178.42 Million against net assets of CN¥519.56 Million CNY. Check 600234 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Kexin Development Co Ltd Shanxi (1997–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Kexin Development Co Ltd Shanxi from 1997 to 2024, covering 28 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 live market cap and the full company profile, see market value of Kexin Development Co Ltd Shanxi.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (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 | — |