Henan Dayou Energy Co Ltd (600403) — Working Capital to Net Assets Ratio
Henan Dayou Energy Co Ltd (600403) has a Working Capital to Net Assets ratio of -163.6% as of March 2026. Working capital of CN¥-6.46 Billion (current assets of CN¥5.50 Billion minus current liabilities of CN¥11.96 Billion) is measured against net assets of CN¥3.95 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial flexibility index of Henan Dayou Energy Co Ltd to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Henan Dayou Energy Co Ltd Working Capital to Net Assets (2000–2025)
This chart shows how Henan Dayou Energy Co Ltd's Working Capital to Net Assets ratio has evolved across 26 annual periods from 2000 to 2025. As of March 2026, the ratio stands at -163.6%, reflecting working capital of CN¥-6.46 Billion against net assets of CN¥3.95 Billion CNY. See operational self-sufficiency of Henan Dayou Energy Co Ltd to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Henan Dayou Energy Co Ltd (2000–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Henan Dayou Energy Co Ltd from 2000 to 2025, covering 26 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 Henan Dayou Energy Co Ltd (600403) market capitalisation.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -166.4% | CN¥-7.16 Billion | CN¥4.30 Billion | CN¥4.84 Billion | CN¥12.01 Billion | ▼ -70.9 pp |
| 2024 | -95.5% | CN¥-6.08 Billion | CN¥6.37 Billion | CN¥5.46 Billion | CN¥11.54 Billion | ▼ -16.5 pp |
| 2023 | -79.0% | CN¥-5.84 Billion | CN¥7.40 Billion | CN¥5.60 Billion | CN¥11.44 Billion | ▼ -34.6 pp |
| 2022 | -44.4% | CN¥-3.84 Billion | CN¥8.66 Billion | CN¥7.59 Billion | CN¥11.43 Billion | ▲ +24.0 pp |
| 2021 | -68.3% | CN¥-5.25 Billion | CN¥7.68 Billion | CN¥6.72 Billion | CN¥11.97 Billion | ▼ -24.8 pp |
| 2020 | -43.5% | CN¥-2.63 Billion | CN¥6.06 Billion | CN¥8.47 Billion | CN¥11.10 Billion | ▼ -32.1 pp |
| 2019 | -11.4% | CN¥-819.79 Million | CN¥7.21 Billion | CN¥9.19 Billion | CN¥10.01 Billion | ▼ -4.0 pp |
| 2018 | -7.4% | CN¥-634.17 Million | CN¥8.56 Billion | CN¥7.80 Billion | CN¥8.43 Billion | ▲ +17.2 pp |
| 2017 | -24.6% | CN¥-1.72 Billion | CN¥7.00 Billion | CN¥6.88 Billion | CN¥8.60 Billion | ▲ +11.5 pp |
| 2016 | -36.1% | CN¥-2.40 Billion | CN¥6.64 Billion | CN¥4.60 Billion | CN¥6.99 Billion | ▼ -34.5 pp |
| 2015 | -1.5% | CN¥-132.99 Million | CN¥8.62 Billion | CN¥4.94 Billion | CN¥5.08 Billion | ▼ -14.8 pp |
| 2014 | 13.2% | CN¥1.34 Billion | CN¥10.14 Billion | CN¥5.88 Billion | CN¥4.54 Billion | ▼ -5.2 pp |
| 2013 | 18.4% | CN¥1.97 Billion | CN¥10.70 Billion | CN¥5.82 Billion | CN¥3.85 Billion | ▼ -8.1 pp |
| 2012 | 26.5% | CN¥2.73 Billion | CN¥10.31 Billion | CN¥7.71 Billion | CN¥4.98 Billion | ▲ +7.2 pp |
| 2011 | 19.2% | CN¥1.02 Billion | CN¥5.31 Billion | CN¥4.40 Billion | CN¥3.37 Billion | ▼ -29.2 pp |
| 2010 | 48.5% | CN¥324.28 Million | CN¥669.29 Million | CN¥360.22 Million | CN¥35.95 Million | ▼ -46.8 pp |
| 2009 | 95.2% | CN¥361.84 Million | CN¥379.94 Million | CN¥453.99 Million | CN¥92.15 Million | ▲ +2.0 pp |
| 2008 | 93.2% | CN¥323.59 Million | CN¥347.10 Million | CN¥381.21 Million | CN¥57.61 Million | ▲ +1.7 pp |
| 2007 | 91.5% | CN¥275.59 Million | CN¥301.07 Million | CN¥309.05 Million | CN¥33.47 Million | ▼ -5.4 pp |
| 2006 | 96.9% | CN¥268.91 Million | CN¥277.47 Million | CN¥281.45 Million | CN¥12.54 Million | ▲ +1.0 pp |
| 2005 | 95.9% | CN¥262.84 Million | CN¥274.10 Million | CN¥398.52 Million | CN¥135.68 Million | ▼ -0.3 pp |
| 2004 | 96.2% | CN¥250.03 Million | CN¥259.92 Million | CN¥385.74 Million | CN¥135.71 Million | ▲ +2.2 pp |
| 2003 | 94.0% | CN¥234.81 Million | CN¥249.82 Million | CN¥301.19 Million | CN¥66.38 Million | ▲ +2.1 pp |
| 2002 | 91.9% | CN¥42.52 Million | CN¥46.26 Million | CN¥94.68 Million | CN¥52.16 Million | ▲ +5.9 pp |
| 2001 | 86.0% | CN¥38.34 Million | CN¥44.58 Million | CN¥67.40 Million | CN¥29.07 Million | ▲ +15.6 pp |
| 2000 | 70.4% | CN¥21.78 Million | CN¥30.96 Million | CN¥43.72 Million | CN¥21.94 Million | — |