Taiyuan Lionhead Cement Co Ltd (600539) — Working Capital to Net Assets Ratio
Taiyuan Lionhead Cement Co Ltd (600539) has a Working Capital to Net Assets ratio of 81.3% as of March 2026. Working capital of CN¥291.88 Million (current assets of CN¥391.85 Million minus current liabilities of CN¥99.97 Million) is measured against net assets of CN¥359.23 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See 600539 financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Taiyuan Lionhead Cement Co Ltd Working Capital to Net Assets (1998–2025)
This chart shows how Taiyuan Lionhead Cement Co Ltd's Working Capital to Net Assets ratio has evolved across 28 annual periods from 1998 to 2025. As of March 2026, the ratio stands at 81.3%, reflecting working capital of CN¥291.88 Million against net assets of CN¥359.23 Million CNY. See Taiyuan Lionhead Cement Co Ltd (600539) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Taiyuan Lionhead Cement Co Ltd (1998–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Taiyuan Lionhead Cement Co Ltd from 1998 to 2025, covering 28 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 Taiyuan Lionhead Cement Co Ltd market cap and net worth.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 80.8% | CN¥288.15 Million | CN¥356.68 Million | CN¥398.99 Million | CN¥110.84 Million | ▲ +1.5 pp |
| 2024 | 79.3% | CN¥300.52 Million | CN¥378.86 Million | CN¥385.78 Million | CN¥85.27 Million | ▼ -2.1 pp |
| 2023 | 81.4% | CN¥348.56 Million | CN¥428.24 Million | CN¥466.31 Million | CN¥117.75 Million | ▲ +6.6 pp |
| 2022 | 74.8% | CN¥440.36 Million | CN¥588.68 Million | CN¥543.49 Million | CN¥103.13 Million | ▼ -0.8 pp |
| 2021 | 75.6% | CN¥404.23 Million | CN¥534.78 Million | CN¥522.84 Million | CN¥118.61 Million | ▼ -6.8 pp |
| 2020 | 82.4% | CN¥427.30 Million | CN¥518.37 Million | CN¥506.94 Million | CN¥79.64 Million | ▼ -14.8 pp |
| 2019 | 97.2% | CN¥410.63 Million | CN¥422.36 Million | CN¥426.87 Million | CN¥16.24 Million | ▲ +6.6 pp |
| 2018 | 90.7% | CN¥400.89 Million | CN¥442.21 Million | CN¥456.29 Million | CN¥55.40 Million | ▲ +2.0 pp |
| 2017 | 88.6% | CN¥378.97 Million | CN¥427.70 Million | CN¥430.02 Million | CN¥51.05 Million | ▲ +10.9 pp |
| 2016 | 77.8% | CN¥370.72 Million | CN¥476.79 Million | CN¥478.05 Million | CN¥107.32 Million | ▲ +91.0 pp |
| 2015 | -13.2% | CN¥-93.20 Million | CN¥703.97 Million | CN¥178.87 Million | CN¥272.07 Million | ▼ -7.6 pp |
| 2014 | -5.6% | CN¥-39.61 Million | CN¥701.56 Million | CN¥142.95 Million | CN¥182.56 Million | ▼ -18.0 pp |
| 2013 | 12.4% | CN¥88.76 Million | CN¥716.27 Million | CN¥285.02 Million | CN¥196.26 Million | ▼ -69.5 pp |
| 2012 | 81.9% | CN¥695.16 Million | CN¥848.58 Million | CN¥817.67 Million | CN¥122.51 Million | ▲ +5.6 pp |
| 2011 | 76.3% | CN¥459.62 Million | CN¥602.40 Million | CN¥603.06 Million | CN¥143.44 Million | ▲ +20.3 pp |
| 2010 | 56.0% | CN¥492.18 Million | CN¥879.06 Million | CN¥678.02 Million | CN¥185.84 Million | ▲ +8.7 pp |
| 2009 | 47.2% | CN¥414.70 Million | CN¥877.88 Million | CN¥673.65 Million | CN¥258.95 Million | ▲ +3.9 pp |
| 2008 | 43.3% | CN¥381.39 Million | CN¥880.64 Million | CN¥620.99 Million | CN¥239.60 Million | ▲ +2.2 pp |
| 2007 | 41.1% | CN¥360.86 Million | CN¥878.67 Million | CN¥599.35 Million | CN¥238.50 Million | ▲ +7.6 pp |
| 2006 | 33.5% | CN¥295.18 Million | CN¥881.22 Million | CN¥639.51 Million | CN¥344.33 Million | ▲ +2.9 pp |
| 2005 | 30.6% | CN¥266.21 Million | CN¥868.90 Million | CN¥610.29 Million | CN¥344.08 Million | ▲ +2.6 pp |
| 2004 | 28.1% | CN¥242.71 Million | CN¥865.25 Million | CN¥577.56 Million | CN¥334.85 Million | ▼ -14.7 pp |
| 2003 | 42.7% | CN¥359.41 Million | CN¥840.88 Million | CN¥628.97 Million | CN¥269.56 Million | ▼ -15.3 pp |
| 2002 | 58.1% | CN¥474.61 Million | CN¥817.22 Million | CN¥733.53 Million | CN¥258.92 Million | ▼ -5.8 pp |
| 2001 | 63.9% | CN¥507.79 Million | CN¥794.59 Million | CN¥744.32 Million | CN¥236.53 Million | ▲ +99.7 pp |
| 2000 | -35.8% | CN¥-76.58 Million | CN¥214.05 Million | CN¥196.96 Million | CN¥273.54 Million | ▼ -35.5 pp |
| 1999 | -0.2% | CN¥-483.74K | CN¥210.78 Million | CN¥160.04 Million | CN¥160.53 Million | ▲ +10.3 pp |
| 1998 | -10.5% | CN¥-13.76 Million | CN¥130.73 Million | CN¥115.16 Million | CN¥128.92 Million | — |