Shandong Hualu Hengsheng Chemical Co Ltd (600426) — Working Capital to Net Assets Ratio
Shandong Hualu Hengsheng Chemical Co Ltd (600426) has a Working Capital to Net Assets ratio of 13.3% as of March 2026. Working capital of CN¥4.87 Billion (current assets of CN¥11.07 Billion minus current liabilities of CN¥6.20 Billion) is measured against net assets of CN¥36.62 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 600426 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Shandong Hualu Hengsheng Chemical Co Ltd Working Capital to Net Assets (2000–2025)
This chart shows how Shandong Hualu Hengsheng Chemical 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 13.3%, reflecting working capital of CN¥4.87 Billion against net assets of CN¥36.62 Billion CNY. For the complete balance sheet picture, see balance sheet size of Shandong Hualu Hengsheng Chemical Co Ltd.
Annual Working Capital to Net Assets for Shandong Hualu Hengsheng Chemical Co Ltd (2000–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Shandong Hualu Hengsheng Chemical 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. Check 600426 asset liquidity 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 | 8.9% | CN¥3.12 Billion | CN¥35.15 Billion | CN¥8.89 Billion | CN¥5.77 Billion | ▲ +3.2 pp |
| 2024 | 5.6% | CN¥1.85 Billion | CN¥32.83 Billion | CN¥7.37 Billion | CN¥5.53 Billion | ▼ -1.4 pp |
| 2023 | 7.0% | CN¥2.13 Billion | CN¥30.44 Billion | CN¥7.92 Billion | CN¥5.79 Billion | ▼ -10.9 pp |
| 2022 | 17.9% | CN¥5.01 Billion | CN¥27.92 Billion | CN¥8.58 Billion | CN¥3.57 Billion | ▼ -0.4 pp |
| 2021 | 18.4% | CN¥4.17 Billion | CN¥22.71 Billion | CN¥8.39 Billion | CN¥4.22 Billion | ▲ +21.2 pp |
| 2020 | -2.9% | CN¥-447.15 Million | CN¥15.65 Billion | CN¥3.27 Billion | CN¥3.71 Billion | ▼ -10.3 pp |
| 2019 | 7.4% | CN¥1.06 Billion | CN¥14.23 Billion | CN¥3.49 Billion | CN¥2.43 Billion | ▲ +4.6 pp |
| 2018 | 2.8% | CN¥339.11 Million | CN¥12.07 Billion | CN¥4.32 Billion | CN¥3.98 Billion | ▲ +17.4 pp |
| 2017 | -14.6% | CN¥-1.35 Billion | CN¥9.29 Billion | CN¥2.25 Billion | CN¥3.60 Billion | ▼ -2.9 pp |
| 2016 | -11.7% | CN¥-955.67 Million | CN¥8.16 Billion | CN¥2.00 Billion | CN¥2.95 Billion | ▲ +0.6 pp |
| 2015 | -12.3% | CN¥-909.22 Million | CN¥7.37 Billion | CN¥1.47 Billion | CN¥2.38 Billion | ▼ -16.5 pp |
| 2014 | 4.2% | CN¥274.57 Million | CN¥6.61 Billion | CN¥2.70 Billion | CN¥2.43 Billion | ▲ +6.5 pp |
| 2013 | -2.3% | CN¥-135.70 Million | CN¥5.87 Billion | CN¥2.53 Billion | CN¥2.66 Billion | ▼ -16.0 pp |
| 2012 | 13.7% | CN¥755.75 Million | CN¥5.52 Billion | CN¥2.77 Billion | CN¥2.02 Billion | ▲ +14.9 pp |
| 2011 | -1.2% | CN¥-62.46 Million | CN¥5.07 Billion | CN¥2.86 Billion | CN¥2.92 Billion | ▼ -58.7 pp |
| 2010 | 57.5% | CN¥2.75 Billion | CN¥4.78 Billion | CN¥3.77 Billion | CN¥1.02 Billion | ▲ +41.9 pp |
| 2009 | 15.5% | CN¥428.97 Million | CN¥2.76 Billion | CN¥1.18 Billion | CN¥752.64 Million | ▲ +10.2 pp |
| 2008 | 5.4% | CN¥128.51 Million | CN¥2.38 Billion | CN¥1.22 Billion | CN¥1.09 Billion | ▼ -8.1 pp |
| 2007 | 13.5% | CN¥271.01 Million | CN¥2.00 Billion | CN¥970.98 Million | CN¥699.96 Million | ▼ -15.1 pp |
| 2006 | 28.6% | CN¥490.26 Million | CN¥1.71 Billion | CN¥1.04 Billion | CN¥549.79 Million | ▲ +4.9 pp |
| 2005 | 23.7% | CN¥218.91 Million | CN¥923.63 Million | CN¥581.40 Million | CN¥362.49 Million | ▲ +15.8 pp |
| 2004 | 7.9% | CN¥58.61 Million | CN¥738.11 Million | CN¥492.61 Million | CN¥434.00 Million | ▼ -30.0 pp |
| 2003 | 37.9% | CN¥241.35 Million | CN¥636.78 Million | CN¥434.78 Million | CN¥193.43 Million | ▲ +24.4 pp |
| 2002 | 13.5% | CN¥75.41 Million | CN¥558.15 Million | CN¥298.93 Million | CN¥223.52 Million | ▲ +102.4 pp |
| 2001 | -88.9% | CN¥-153.72 Million | CN¥172.96 Million | CN¥120.86 Million | CN¥274.57 Million | ▼ -39.8 pp |
| 2000 | -49.1% | CN¥-82.44 Million | CN¥167.92 Million | CN¥102.10 Million | CN¥184.54 Million | — |