Hongda (600331) — Working Capital to Net Assets Ratio
Hongda (600331) has a Working Capital to Net Assets ratio of 61.2% as of June 2026. Working capital of CN¥1.91 Billion (current assets of CN¥2.47 Billion minus current liabilities of CN¥556.77 Million) is measured against net assets of CN¥3.13 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Hongda Working Capital to Net Assets (1998–2025)
This chart shows how Hongda's Working Capital to Net Assets ratio has evolved across 28 annual periods from 1998 to 2025. As of June 2026, the ratio stands at 61.2%, reflecting working capital of CN¥1.91 Billion against net assets of CN¥3.13 Billion CNY. Explore Hongda long-term investment allocation to see how much of total assets are deployed in long-term investments.
Annual Working Capital to Net Assets for Hongda (1998–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Hongda from 1998 to 2025, 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 the complete balance sheet picture, see Hongda total assets.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 63.8% | CN¥2.02 Billion | CN¥3.17 Billion | CN¥2.47 Billion | CN¥452.89 Million | ▲ +248.8 pp |
| 2024 | -185.0% | CN¥-721.08 Million | CN¥389.85 Million | CN¥1.11 Billion | CN¥1.83 Billion | ▲ +79.5 pp |
| 2023 | -264.5% | CN¥-846.69 Million | CN¥320.10 Million | CN¥954.57 Million | CN¥1.80 Billion | ▼ -61.2 pp |
| 2022 | -203.3% | CN¥-840.59 Million | CN¥413.54 Million | CN¥1.07 Billion | CN¥1.91 Billion | ▲ +46.1 pp |
| 2021 | -249.4% | CN¥-870.47 Million | CN¥349.05 Million | CN¥995.47 Million | CN¥1.87 Billion | ▲ +2683.9 pp |
| 2020 | -2933.2% | CN¥-1.44 Billion | CN¥49.11 Million | CN¥805.63 Million | CN¥2.25 Billion | ▼ -2870.6 pp |
| 2019 | -62.6% | CN¥-1.44 Billion | CN¥2.30 Billion | CN¥898.33 Million | CN¥2.34 Billion | ▲ +0.4 pp |
| 2018 | -63.0% | CN¥-1.42 Billion | CN¥2.26 Billion | CN¥1.10 Billion | CN¥2.52 Billion | ▼ -61.0 pp |
| 2017 | -2.0% | CN¥-116.88 Million | CN¥5.80 Billion | CN¥3.35 Billion | CN¥3.47 Billion | ▲ +9.7 pp |
| 2016 | -11.7% | CN¥-637.01 Million | CN¥5.44 Billion | CN¥4.11 Billion | CN¥4.75 Billion | ▼ -2.8 pp |
| 2015 | -8.9% | CN¥-470.60 Million | CN¥5.30 Billion | CN¥4.16 Billion | CN¥4.63 Billion | ▲ +1.2 pp |
| 2014 | -10.1% | CN¥-530.09 Million | CN¥5.27 Billion | CN¥4.20 Billion | CN¥4.73 Billion | ▲ +191.2 pp |
| 2013 | -201.2% | CN¥-3.00 Billion | CN¥1.49 Billion | CN¥2.88 Billion | CN¥5.88 Billion | ▼ -52.2 pp |
| 2012 | -149.1% | CN¥-2.43 Billion | CN¥1.63 Billion | CN¥3.58 Billion | CN¥6.01 Billion | ▼ -78.2 pp |
| 2011 | -70.9% | CN¥-1.41 Billion | CN¥1.99 Billion | CN¥5.17 Billion | CN¥6.58 Billion | ▼ -85.2 pp |
| 2010 | 14.4% | CN¥292.03 Million | CN¥2.03 Billion | CN¥6.46 Billion | CN¥6.17 Billion | ▲ +14.9 pp |
| 2009 | -0.5% | CN¥-11.74 Million | CN¥2.25 Billion | CN¥5.33 Billion | CN¥5.34 Billion | ▼ -4.8 pp |
| 2008 | 4.2% | CN¥129.52 Million | CN¥3.06 Billion | CN¥3.71 Billion | CN¥3.58 Billion | ▼ -38.0 pp |
| 2007 | 42.3% | CN¥1.93 Billion | CN¥4.57 Billion | CN¥4.60 Billion | CN¥2.67 Billion | ▲ +45.4 pp |
| 2006 | -3.1% | CN¥-68.86 Million | CN¥2.24 Billion | CN¥3.05 Billion | CN¥3.11 Billion | ▲ +64.4 pp |
| 2005 | -67.5% | CN¥-865.95 Million | CN¥1.28 Billion | CN¥1.88 Billion | CN¥2.75 Billion | ▼ -22.2 pp |
| 2004 | -45.3% | CN¥-477.10 Million | CN¥1.05 Billion | CN¥1.23 Billion | CN¥1.71 Billion | ▼ -5.2 pp |
| 2003 | -40.0% | CN¥-373.41 Million | CN¥932.40 Million | CN¥906.80 Million | CN¥1.28 Billion | ▼ -25.4 pp |
| 2002 | -14.7% | CN¥-102.25 Million | CN¥695.88 Million | CN¥624.75 Million | CN¥727.00 Million | ▼ -58.4 pp |
| 2001 | 43.7% | CN¥289.07 Million | CN¥661.78 Million | CN¥649.09 Million | CN¥360.02 Million | ▲ +8.6 pp |
| 2000 | 35.1% | CN¥76.27 Million | CN¥217.33 Million | CN¥272.49 Million | CN¥196.22 Million | ▲ +63.2 pp |
| 1999 | -28.1% | CN¥-50.86 Million | CN¥180.75 Million | CN¥206.59 Million | CN¥257.44 Million | ▼ -59.7 pp |
| 1998 | 31.5% | CN¥50.91 Million | CN¥161.38 Million | CN¥269.35 Million | CN¥218.43 Million | — |