Fangda Special Steel Technology Co Ltd (600507) — Working Capital to Net Assets Ratio
Fangda Special Steel Technology Co Ltd (600507) has a Working Capital to Net Assets ratio of 20.2% as of September 2025. Working capital of CN¥2.08 Billion (current assets of CN¥13.06 Billion minus current liabilities of CN¥10.98 Billion) is measured against net assets of CN¥10.32 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Fangda Special Steel Technology Co Ltd balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Fangda Special Steel Technology Co Ltd Working Capital to Net Assets (1999–2024)
This chart shows how Fangda Special Steel Technology Co Ltd's Working Capital to Net Assets ratio has evolved across 26 annual periods from 1999 to 2024. As of September 2025, the ratio stands at 20.2%, reflecting working capital of CN¥2.08 Billion against net assets of CN¥10.32 Billion CNY. Check 600507 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Fangda Special Steel Technology Co Ltd (1999–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Fangda Special Steel Technology Co Ltd from 1999 to 2024, 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 Fangda Special Steel Technology Co Ltd (600507) market capitalisation.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 15.1% | CN¥1.45 Billion | CN¥9.59 Billion | CN¥10.36 Billion | CN¥8.91 Billion | ▲ +2.0 pp |
| 2023 | 13.2% | CN¥1.25 Billion | CN¥9.51 Billion | CN¥10.77 Billion | CN¥9.52 Billion | ▼ -0.4 pp |
| 2022 | 13.6% | CN¥1.19 Billion | CN¥8.75 Billion | CN¥9.09 Billion | CN¥7.90 Billion | ▼ -44.9 pp |
| 2021 | 58.5% | CN¥5.73 Billion | CN¥9.81 Billion | CN¥15.94 Billion | CN¥10.21 Billion | ▲ +2.8 pp |
| 2020 | 55.7% | CN¥5.26 Billion | CN¥9.44 Billion | CN¥9.45 Billion | CN¥4.19 Billion | ▲ +19.3 pp |
| 2019 | 36.4% | CN¥2.50 Billion | CN¥6.86 Billion | CN¥8.45 Billion | CN¥5.95 Billion | ▲ +3.4 pp |
| 2018 | 33.0% | CN¥2.23 Billion | CN¥6.74 Billion | CN¥5.03 Billion | CN¥2.80 Billion | ▲ +10.4 pp |
| 2017 | 22.6% | CN¥1.17 Billion | CN¥5.17 Billion | CN¥4.54 Billion | CN¥3.37 Billion | ▲ +64.2 pp |
| 2016 | -41.6% | CN¥-1.22 Billion | CN¥2.93 Billion | CN¥4.24 Billion | CN¥5.45 Billion | ▲ +58.9 pp |
| 2015 | -100.5% | CN¥-2.28 Billion | CN¥2.27 Billion | CN¥4.65 Billion | CN¥6.93 Billion | ▼ -44.4 pp |
| 2014 | -56.1% | CN¥-1.80 Billion | CN¥3.20 Billion | CN¥4.22 Billion | CN¥6.01 Billion | ▲ +33.2 pp |
| 2013 | -89.2% | CN¥-2.47 Billion | CN¥2.77 Billion | CN¥4.70 Billion | CN¥7.17 Billion | ▼ -45.3 pp |
| 2012 | -44.0% | CN¥-1.68 Billion | CN¥3.82 Billion | CN¥4.96 Billion | CN¥6.64 Billion | ▲ +21.9 pp |
| 2011 | -65.9% | CN¥-2.20 Billion | CN¥3.34 Billion | CN¥4.22 Billion | CN¥6.42 Billion | ▲ +6.3 pp |
| 2010 | -72.1% | CN¥-1.64 Billion | CN¥2.27 Billion | CN¥3.38 Billion | CN¥5.02 Billion | ▲ +16.8 pp |
| 2009 | -89.0% | CN¥-1.68 Billion | CN¥1.89 Billion | CN¥2.90 Billion | CN¥4.58 Billion | ▲ +1.3 pp |
| 2008 | -90.2% | CN¥-1.68 Billion | CN¥1.86 Billion | CN¥2.83 Billion | CN¥4.52 Billion | ▼ -14.2 pp |
| 2007 | -76.0% | CN¥-1.40 Billion | CN¥1.84 Billion | CN¥2.16 Billion | CN¥3.56 Billion | ▲ +17.1 pp |
| 2006 | -93.1% | CN¥-1.47 Billion | CN¥1.58 Billion | CN¥2.01 Billion | CN¥3.48 Billion | ▼ -136.1 pp |
| 2005 | 43.0% | CN¥275.00 Million | CN¥639.80 Million | CN¥1.02 Billion | CN¥742.99 Million | ▼ -6.6 pp |
| 2004 | 49.6% | CN¥305.08 Million | CN¥615.37 Million | CN¥1.02 Billion | CN¥712.73 Million | ▼ -22.0 pp |
| 2003 | 71.6% | CN¥389.29 Million | CN¥543.52 Million | CN¥771.70 Million | CN¥382.41 Million | ▲ +33.7 pp |
| 2002 | 37.9% | CN¥57.34 Million | CN¥151.29 Million | CN¥249.52 Million | CN¥192.18 Million | ▲ +0.7 pp |
| 2001 | 37.2% | CN¥45.15 Million | CN¥121.28 Million | CN¥225.83 Million | CN¥180.67 Million | ▼ -14.0 pp |
| 2000 | 51.3% | CN¥68.88 Million | CN¥134.38 Million | CN¥174.49 Million | CN¥105.62 Million | ▼ -6.9 pp |
| 1999 | 58.2% | CN¥66.42 Million | CN¥114.15 Million | CN¥159.39 Million | CN¥92.97 Million | — |