Huafang Co Ltd Working Capital to Net Assets Ratio
Huafang Co Ltd working capital to net assets ratio. Huafang Co Ltd (600448) has a Working Capital to Net Assets ratio of -37.0% as of March 2026. Working capital of CN¥-338.34 Million (current assets of CN¥2.03 Billion minus current liabilities of CN¥2.37 Billion) is measured against net assets of CN¥915.31 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check how tangible is Huafang Co Ltd's equity to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Huafang Co Ltd (1998–2024)
Working capital to net assets ratio of Huafang Co Ltd from 1998 to 2024. This chart shows how Huafang Co Ltd's Working Capital to Net Assets ratio has evolved across 27 annual periods from 1998 to 2024. As of March 2026, the ratio stands at -37.0%, reflecting working capital of CN¥-338.34 Million against net assets of CN¥915.31 Million CNY. See Huafang Co Ltd (600448) liquidity interval to measure how many days the company can operate on defensive assets alone.
Huafang Co Ltd Working Capital to Net Assets Ratio by Year (1998–2024)
Huafang Co Ltd working capital to net assets ratio by year from 1998 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Huafang Co Ltd from 1998 to 2024, covering 27 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 balance sheet size of Huafang Co Ltd.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -25.4% | CN¥-306.88 Million | CN¥1.21 Billion | CN¥1.90 Billion | CN¥2.21 Billion | ▲ +7.7 pp |
| 2023 | -33.1% | CN¥-416.06 Million | CN¥1.26 Billion | CN¥1.67 Billion | CN¥2.09 Billion | ▼ -3.3 pp |
| 2022 | -29.8% | CN¥-377.35 Million | CN¥1.27 Billion | CN¥1.82 Billion | CN¥2.20 Billion | ▼ -11.2 pp |
| 2021 | -18.6% | CN¥-252.02 Million | CN¥1.36 Billion | CN¥1.95 Billion | CN¥2.20 Billion | ▼ -12.9 pp |
| 2020 | -5.6% | CN¥-80.46 Million | CN¥1.43 Billion | CN¥2.12 Billion | CN¥2.20 Billion | ▼ -14.7 pp |
| 2019 | 9.0% | CN¥134.32 Million | CN¥1.48 Billion | CN¥2.04 Billion | CN¥1.90 Billion | ▼ -6.2 pp |
| 2018 | 15.2% | CN¥223.94 Million | CN¥1.47 Billion | CN¥2.26 Billion | CN¥2.04 Billion | ▲ +4.2 pp |
| 2017 | 11.0% | CN¥159.59 Million | CN¥1.45 Billion | CN¥2.03 Billion | CN¥1.87 Billion | ▲ +52.9 pp |
| 2016 | -41.8% | CN¥-354.37 Million | CN¥847.09 Million | CN¥1.39 Billion | CN¥1.75 Billion | ▼ -8.8 pp |
| 2015 | -33.1% | CN¥-276.94 Million | CN¥837.83 Million | CN¥1.27 Billion | CN¥1.55 Billion | ▼ -35.9 pp |
| 2014 | 2.8% | CN¥23.46 Million | CN¥825.95 Million | CN¥1.24 Billion | CN¥1.22 Billion | ▲ +18.1 pp |
| 2013 | -15.2% | CN¥-64.13 Million | CN¥421.18 Million | CN¥1.14 Billion | CN¥1.20 Billion | ▲ +21.7 pp |
| 2012 | -36.9% | CN¥-149.45 Million | CN¥404.62 Million | CN¥829.93 Million | CN¥979.38 Million | ▼ -21.1 pp |
| 2011 | -15.9% | CN¥-69.27 Million | CN¥436.97 Million | CN¥817.96 Million | CN¥887.24 Million | ▲ +14.7 pp |
| 2010 | -30.5% | CN¥-128.57 Million | CN¥421.41 Million | CN¥646.44 Million | CN¥775.01 Million | ▲ +23.8 pp |
| 2009 | -54.3% | CN¥-217.83 Million | CN¥401.20 Million | CN¥597.76 Million | CN¥815.59 Million | ▼ -29.5 pp |
| 2008 | -24.8% | CN¥-130.35 Million | CN¥526.39 Million | CN¥707.15 Million | CN¥837.51 Million | ▼ -0.9 pp |
| 2007 | -23.8% | CN¥-126.17 Million | CN¥529.75 Million | CN¥639.96 Million | CN¥766.13 Million | ▼ -19.9 pp |
| 2006 | -4.0% | CN¥-24.29 Million | CN¥613.83 Million | CN¥662.73 Million | CN¥687.02 Million | ▼ -16.5 pp |
| 2005 | 12.6% | CN¥76.23 Million | CN¥606.64 Million | CN¥662.91 Million | CN¥586.68 Million | ▼ -11.1 pp |
| 2004 | 23.6% | CN¥141.34 Million | CN¥598.27 Million | CN¥565.98 Million | CN¥424.64 Million | ▼ -2.0 pp |
| 2003 | 25.6% | CN¥184.56 Million | CN¥720.45 Million | CN¥712.56 Million | CN¥528.01 Million | ▼ -3.6 pp |
| 2002 | 29.2% | CN¥208.82 Million | CN¥714.40 Million | CN¥711.91 Million | CN¥503.09 Million | ▼ -3.4 pp |
| 2001 | 32.6% | CN¥253.21 Million | CN¥775.70 Million | CN¥779.09 Million | CN¥525.88 Million | ▲ +79.2 pp |
| 2000 | -46.6% | CN¥-143.34 Million | CN¥307.61 Million | CN¥354.52 Million | CN¥497.86 Million | ▼ -18.8 pp |
| 1999 | -27.8% | CN¥-72.99 Million | CN¥262.53 Million | CN¥342.68 Million | CN¥415.66 Million | ▲ +40.6 pp |
| 1998 | -68.4% | CN¥-118.27 Million | CN¥172.88 Million | CN¥292.00 Million | CN¥410.27 Million | — |