Changyuan Group Ltd (600525) — Working Capital to Net Assets Ratio
Changyuan Group Ltd (600525) has a Working Capital to Net Assets ratio of -7.7% as of September 2025. Working capital of CN¥-321.28 Million (current assets of CN¥9.32 Billion minus current liabilities of CN¥9.64 Billion) is measured against net assets of CN¥4.17 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial flexibility index of Changyuan Group Ltd to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Changyuan Group Ltd Working Capital to Net Assets (1999–2024)
This chart shows how Changyuan Group 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 -7.7%, reflecting working capital of CN¥-321.28 Million against net assets of CN¥4.17 Billion CNY. See Changyuan Group Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Changyuan Group Ltd (1999–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Changyuan Group 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 Changyuan Group Ltd stock valuation.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -4.6% | CN¥-207.37 Million | CN¥4.51 Billion | CN¥9.17 Billion | CN¥9.38 Billion | ▼ -1.3 pp |
| 2023 | -3.3% | CN¥-193.68 Million | CN¥5.80 Billion | CN¥8.74 Billion | CN¥8.94 Billion | ▲ +3.3 pp |
| 2022 | -6.6% | CN¥-368.09 Million | CN¥5.55 Billion | CN¥7.54 Billion | CN¥7.91 Billion | ▲ +5.3 pp |
| 2021 | -11.9% | CN¥-432.05 Million | CN¥3.62 Billion | CN¥7.09 Billion | CN¥7.52 Billion | ▼ -22.3 pp |
| 2020 | 10.4% | CN¥448.97 Million | CN¥4.31 Billion | CN¥6.73 Billion | CN¥6.28 Billion | ▲ +5.9 pp |
| 2019 | 4.5% | CN¥189.55 Million | CN¥4.22 Billion | CN¥6.28 Billion | CN¥6.09 Billion | ▲ +5.2 pp |
| 2018 | -0.7% | CN¥-39.96 Million | CN¥5.56 Billion | CN¥8.86 Billion | CN¥8.90 Billion | ▼ -10.7 pp |
| 2017 | 10.0% | CN¥819.72 Million | CN¥8.22 Billion | CN¥8.69 Billion | CN¥7.87 Billion | ▼ -2.0 pp |
| 2016 | 11.9% | CN¥892.42 Million | CN¥7.47 Billion | CN¥7.04 Billion | CN¥6.15 Billion | ▼ -18.4 pp |
| 2015 | 30.3% | CN¥1.70 Billion | CN¥5.61 Billion | CN¥4.64 Billion | CN¥2.93 Billion | ▲ +8.1 pp |
| 2014 | 22.3% | CN¥672.54 Million | CN¥3.02 Billion | CN¥3.46 Billion | CN¥2.78 Billion | ▼ -13.2 pp |
| 2013 | 35.4% | CN¥951.84 Million | CN¥2.69 Billion | CN¥2.93 Billion | CN¥1.98 Billion | ▲ +0.8 pp |
| 2012 | 34.6% | CN¥834.27 Million | CN¥2.41 Billion | CN¥2.59 Billion | CN¥1.75 Billion | ▼ -9.2 pp |
| 2011 | 43.8% | CN¥944.10 Million | CN¥2.15 Billion | CN¥2.08 Billion | CN¥1.14 Billion | ▲ +13.4 pp |
| 2010 | 30.4% | CN¥741.96 Million | CN¥2.44 Billion | CN¥1.92 Billion | CN¥1.18 Billion | ▲ +13.1 pp |
| 2009 | 17.3% | CN¥288.46 Million | CN¥1.67 Billion | CN¥923.84 Million | CN¥635.38 Million | ▲ +26.1 pp |
| 2008 | -8.8% | CN¥-84.42 Million | CN¥960.07 Million | CN¥743.70 Million | CN¥828.12 Million | ▼ -6.7 pp |
| 2007 | -2.1% | CN¥-19.39 Million | CN¥940.21 Million | CN¥748.44 Million | CN¥767.83 Million | ▲ +11.1 pp |
| 2006 | -13.1% | CN¥-67.20 Million | CN¥511.72 Million | CN¥357.50 Million | CN¥424.70 Million | ▼ -41.5 pp |
| 2005 | 28.4% | CN¥120.63 Million | CN¥424.75 Million | CN¥243.44 Million | CN¥122.81 Million | ▲ +1.2 pp |
| 2004 | 27.2% | CN¥103.39 Million | CN¥380.07 Million | CN¥236.32 Million | CN¥132.92 Million | ▼ -15.0 pp |
| 2003 | 42.2% | CN¥142.33 Million | CN¥337.59 Million | CN¥237.70 Million | CN¥95.37 Million | ▼ -24.1 pp |
| 2002 | 66.2% | CN¥196.54 Million | CN¥296.76 Million | CN¥337.47 Million | CN¥140.93 Million | ▲ +27.8 pp |
| 2001 | 38.4% | CN¥51.64 Million | CN¥134.55 Million | CN¥126.38 Million | CN¥74.74 Million | ▼ -3.0 pp |
| 2000 | 41.4% | CN¥43.50 Million | CN¥105.08 Million | CN¥127.30 Million | CN¥83.80 Million | ▼ -17.0 pp |
| 1999 | 58.4% | CN¥32.90 Million | CN¥56.35 Million | CN¥66.50 Million | CN¥33.60 Million | — |