Hainan Yedao Group Co Ltd (600238) — Working Capital to Net Assets Ratio
Hainan Yedao Group Co Ltd (600238) has a Working Capital to Net Assets ratio of -128.1% as of June 2025. Working capital of CN¥-156.73 Million (current assets of CN¥447.12 Million minus current liabilities of CN¥603.86 Million) is measured against net assets of CN¥122.33 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Hainan Yedao Group Co Ltd financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Hainan Yedao Group Co Ltd Working Capital to Net Assets (2015–2024)
This chart shows how Hainan Yedao Group 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 -128.1%, reflecting working capital of CN¥-156.73 Million against net assets of CN¥122.33 Million CNY. See 600238 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Hainan Yedao Group Co Ltd (2015–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Hainan Yedao Group 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 live market cap and the full company profile, see 600238 company net worth.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -76.5% | CN¥-106.13 Million | CN¥138.78 Million | CN¥461.25 Million | CN¥567.38 Million | ▼ -81.8 pp |
| 2023 | 5.3% | CN¥14.75 Million | CN¥276.51 Million | CN¥573.25 Million | CN¥558.50 Million | ▲ +11.9 pp |
| 2022 | -6.6% | CN¥-27.18 Million | CN¥412.68 Million | CN¥630.17 Million | CN¥657.35 Million | ▼ -35.5 pp |
| 2021 | 28.9% | CN¥152.48 Million | CN¥526.85 Million | CN¥708.48 Million | CN¥555.99 Million | ▲ +10.3 pp |
| 2020 | 18.6% | CN¥104.60 Million | CN¥562.11 Million | CN¥649.75 Million | CN¥545.15 Million | ▼ -12.6 pp |
| 2019 | 31.2% | CN¥166.52 Million | CN¥533.77 Million | CN¥640.01 Million | CN¥473.49 Million | ▼ -10.7 pp |
| 2018 | 41.9% | CN¥335.10 Million | CN¥799.09 Million | CN¥924.30 Million | CN¥589.20 Million | ▼ -42.1 pp |
| 2017 | 84.0% | CN¥637.37 Million | CN¥758.78 Million | CN¥1.53 Billion | CN¥894.76 Million | ▼ -26.0 pp |
| 2016 | 110.0% | CN¥951.22 Million | CN¥864.73 Million | CN¥1.31 Billion | CN¥358.24 Million | ▲ +54.3 pp |
| 2015 | 55.7% | CN¥501.62 Million | CN¥900.48 Million | CN¥856.19 Million | CN¥354.57 Million | — |