Tianjin Tianyao Pharmaceuticals Co Ltd (600488) — Working Capital to Net Assets Ratio
Tianjin Tianyao Pharmaceuticals Co Ltd (600488) has a Working Capital to Net Assets ratio of 21.7% as of September 2025. Working capital of CN¥846.27 Million (current assets of CN¥2.00 Billion minus current liabilities of CN¥1.15 Billion) is measured against net assets of CN¥3.89 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 600488 equity to assets ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Tianjin Tianyao Pharmaceuticals Co Ltd Working Capital to Net Assets (1998–2024)
This chart shows how Tianjin Tianyao Pharmaceuticals Co Ltd's Working Capital to Net Assets ratio has evolved across 27 annual periods from 1998 to 2024. As of September 2025, the ratio stands at 21.7%, reflecting working capital of CN¥846.27 Million against net assets of CN¥3.89 Billion CNY. Check Tianjin Tianyao Pharmaceuticals Co Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Tianjin Tianyao Pharmaceuticals Co Ltd (1998–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Tianjin Tianyao Pharmaceuticals 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 live market cap and the full company profile, see 600488 market cap.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 15.2% | CN¥589.46 Million | CN¥3.89 Billion | CN¥1.80 Billion | CN¥1.21 Billion | ▲ +10.7 pp |
| 2023 | 4.5% | CN¥167.77 Million | CN¥3.75 Billion | CN¥2.11 Billion | CN¥1.94 Billion | ▲ +2.3 pp |
| 2022 | 2.1% | CN¥80.39 Million | CN¥3.75 Billion | CN¥2.36 Billion | CN¥2.28 Billion | ▲ +5.8 pp |
| 2021 | -3.7% | CN¥-140.98 Million | CN¥3.82 Billion | CN¥1.88 Billion | CN¥2.02 Billion | ▼ -5.8 pp |
| 2020 | 2.1% | CN¥81.03 Million | CN¥3.77 Billion | CN¥1.89 Billion | CN¥1.81 Billion | ▼ -4.7 pp |
| 2019 | 6.9% | CN¥246.12 Million | CN¥3.59 Billion | CN¥1.85 Billion | CN¥1.61 Billion | ▼ -26.9 pp |
| 2018 | 33.8% | CN¥1.11 Billion | CN¥3.28 Billion | CN¥2.22 Billion | CN¥1.11 Billion | ▲ +10.5 pp |
| 2017 | 23.3% | CN¥728.15 Million | CN¥3.13 Billion | CN¥1.86 Billion | CN¥1.13 Billion | ▼ -31.6 pp |
| 2016 | 54.9% | CN¥1.37 Billion | CN¥2.49 Billion | CN¥1.49 Billion | CN¥119.00 Million | ▲ +16.8 pp |
| 2015 | 38.2% | CN¥934.45 Million | CN¥2.45 Billion | CN¥1.51 Billion | CN¥574.39 Million | ▼ -14.4 pp |
| 2014 | 52.5% | CN¥1.26 Billion | CN¥2.40 Billion | CN¥1.36 Billion | CN¥105.00 Million | ▲ +21.1 pp |
| 2013 | 31.4% | CN¥731.05 Million | CN¥2.33 Billion | CN¥1.49 Billion | CN¥763.54 Million | ▼ -20.3 pp |
| 2012 | 51.8% | CN¥915.31 Million | CN¥1.77 Billion | CN¥1.11 Billion | CN¥193.27 Million | ▲ +28.9 pp |
| 2011 | 22.9% | CN¥386.33 Million | CN¥1.69 Billion | CN¥1.10 Billion | CN¥712.87 Million | ▼ -7.7 pp |
| 2010 | 30.6% | CN¥499.74 Million | CN¥1.63 Billion | CN¥1.12 Billion | CN¥616.79 Million | ▲ +22.6 pp |
| 2009 | 8.0% | CN¥124.97 Million | CN¥1.56 Billion | CN¥941.76 Million | CN¥816.80 Million | ▲ +6.4 pp |
| 2008 | 1.7% | CN¥25.16 Million | CN¥1.50 Billion | CN¥1.09 Billion | CN¥1.07 Billion | ▼ -16.4 pp |
| 2007 | 18.1% | CN¥264.40 Million | CN¥1.46 Billion | CN¥1.12 Billion | CN¥854.61 Million | ▼ -26.7 pp |
| 2006 | 44.8% | CN¥483.11 Million | CN¥1.08 Billion | CN¥1.44 Billion | CN¥956.10 Million | ▲ +33.4 pp |
| 2005 | 11.5% | CN¥119.86 Million | CN¥1.04 Billion | CN¥1.05 Billion | CN¥932.38 Million | ▼ -39.7 pp |
| 2004 | 51.1% | CN¥504.95 Million | CN¥987.47 Million | CN¥743.20 Million | CN¥238.25 Million | ▲ +21.6 pp |
| 2003 | 29.5% | CN¥276.31 Million | CN¥935.65 Million | CN¥940.41 Million | CN¥664.10 Million | ▼ -33.6 pp |
| 2002 | 63.1% | CN¥495.25 Million | CN¥784.51 Million | CN¥823.31 Million | CN¥328.07 Million | ▲ +12.4 pp |
| 2001 | 50.8% | CN¥362.82 Million | CN¥714.63 Million | CN¥776.47 Million | CN¥413.64 Million | ▲ +42.7 pp |
| 2000 | 8.1% | CN¥17.16 Million | CN¥211.75 Million | CN¥268.14 Million | CN¥250.98 Million | ▼ -3.9 pp |
| 1999 | 12.0% | CN¥17.60 Million | CN¥146.16 Million | CN¥198.90 Million | CN¥181.30 Million | ▲ +18.1 pp |
| 1998 | -6.0% | CN¥-5.02 Million | CN¥83.00 Million | CN¥179.63 Million | CN¥184.65 Million | — |