Tianjin Tianyao Pharmaceuticals Co Ltd Working Capital to Net Assets Ratio
Tianjin Tianyao Pharmaceuticals Co Ltd 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. Check 600488 tangible net worth ratio 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 Tianjin Tianyao Pharmaceuticals Co Ltd (1998–2024)
Working capital to net assets ratio of Tianjin Tianyao Pharmaceuticals Co Ltd from 1998 to 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. See 600488 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Tianjin Tianyao Pharmaceuticals Co Ltd Working Capital to Net Assets Ratio by Year (1998–2024)
Tianjin Tianyao Pharmaceuticals 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 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 the complete balance sheet picture, see 600488 total asset value.
| 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 | — |