Shenzhen Expressway Co Ltd Working Capital to Net Assets Ratio
Shenzhen Expressway Co Ltd working capital to net assets ratio. Shenzhen Expressway Co Ltd (600548) has a Working Capital to Net Assets ratio of -9.4% as of June 2026. Working capital of CN¥-2.99 Billion (current assets of CN¥13.54 Billion minus current liabilities of CN¥16.53 Billion) is measured against net assets of CN¥31.97 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible net worth ratio of Shenzhen Expressway Co Ltd 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 Shenzhen Expressway Co Ltd (1998–2025)
Working capital to net assets ratio of Shenzhen Expressway Co Ltd from 1998 to 2025. This chart shows how Shenzhen Expressway Co Ltd's Working Capital to Net Assets ratio has evolved across 28 annual periods from 1998 to 2025. As of June 2026, the ratio stands at -9.4%, reflecting working capital of CN¥-2.99 Billion against net assets of CN¥31.97 Billion CNY. See Shenzhen Expressway Co Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Shenzhen Expressway Co Ltd Working Capital to Net Assets Ratio by Year (1998–2025)
Shenzhen Expressway Co Ltd working capital to net assets ratio by year from 1998 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Shenzhen Expressway 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 the complete balance sheet picture, see Shenzhen Expressway Co Ltd total assets.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -14.9% | CN¥-4.21 Billion | CN¥28.28 Billion | CN¥12.59 Billion | CN¥16.80 Billion | ▲ +9.1 pp |
| 2024 | -24.0% | CN¥-6.53 Billion | CN¥27.20 Billion | CN¥7.64 Billion | CN¥14.18 Billion | ▲ +22.0 pp |
| 2023 | -46.0% | CN¥-12.87 Billion | CN¥28.00 Billion | CN¥6.95 Billion | CN¥19.83 Billion | ▲ +5.0 pp |
| 2022 | -51.0% | CN¥-13.95 Billion | CN¥27.36 Billion | CN¥9.30 Billion | CN¥23.24 Billion | ▼ -38.2 pp |
| 2021 | -12.8% | CN¥-3.55 Billion | CN¥27.77 Billion | CN¥8.91 Billion | CN¥12.47 Billion | ▲ +2.3 pp |
| 2020 | -15.0% | CN¥-3.95 Billion | CN¥26.28 Billion | CN¥10.08 Billion | CN¥14.04 Billion | ▼ -20.8 pp |
| 2019 | 5.7% | CN¥1.19 Billion | CN¥20.72 Billion | CN¥7.67 Billion | CN¥6.48 Billion | ▼ -1.9 pp |
| 2018 | 7.6% | CN¥1.49 Billion | CN¥19.54 Billion | CN¥7.53 Billion | CN¥6.05 Billion | ▲ +25.8 pp |
| 2017 | -18.2% | CN¥-2.87 Billion | CN¥15.77 Billion | CN¥3.94 Billion | CN¥6.81 Billion | ▼ -40.0 pp |
| 2016 | 21.9% | CN¥3.22 Billion | CN¥14.71 Billion | CN¥8.00 Billion | CN¥4.78 Billion | ▼ -7.0 pp |
| 2015 | 28.8% | CN¥4.31 Billion | CN¥14.96 Billion | CN¥8.42 Billion | CN¥4.11 Billion | ▲ +20.5 pp |
| 2014 | 8.3% | CN¥1.09 Billion | CN¥13.12 Billion | CN¥4.03 Billion | CN¥2.93 Billion | ▲ +8.3 pp |
| 2013 | 0.0% | CN¥3.34 Million | CN¥11.24 Billion | CN¥2.24 Billion | CN¥2.23 Billion | ▲ +10.9 pp |
| 2012 | -10.9% | CN¥-1.18 Billion | CN¥10.87 Billion | CN¥2.70 Billion | CN¥3.89 Billion | ▼ -12.4 pp |
| 2011 | 1.5% | CN¥155.39 Million | CN¥10.50 Billion | CN¥2.71 Billion | CN¥2.55 Billion | ▲ +21.3 pp |
| 2010 | -19.9% | CN¥-1.85 Billion | CN¥9.34 Billion | CN¥1.13 Billion | CN¥2.99 Billion | ▲ +5.6 pp |
| 2009 | -25.5% | CN¥-2.26 Billion | CN¥8.87 Billion | CN¥1.19 Billion | CN¥3.45 Billion | ▼ -0.8 pp |
| 2008 | -24.7% | CN¥-1.90 Billion | CN¥7.71 Billion | CN¥1.01 Billion | CN¥2.91 Billion | ▼ -18.9 pp |
| 2007 | -5.8% | CN¥-463.58 Million | CN¥7.99 Billion | CN¥709.86 Million | CN¥1.17 Billion | ▲ +18.3 pp |
| 2006 | -24.1% | CN¥-1.59 Billion | CN¥6.59 Billion | CN¥533.20 Million | CN¥2.12 Billion | ▼ -26.8 pp |
| 2005 | 2.7% | CN¥171.48 Million | CN¥6.29 Billion | CN¥1.13 Billion | CN¥953.98 Million | ▼ -11.3 pp |
| 2004 | 14.1% | CN¥850.56 Million | CN¥6.04 Billion | CN¥1.73 Billion | CN¥876.81 Million | ▼ -18.3 pp |
| 2003 | 32.4% | CN¥1.94 Billion | CN¥5.97 Billion | CN¥2.30 Billion | CN¥368.36 Million | ▲ +32.4 pp |
| 2002 | 0.0% | CN¥1.43 Million | CN¥5.18 Billion | CN¥1.03 Billion | CN¥1.02 Billion | ▼ -14.6 pp |
| 2001 | 14.6% | CN¥742.60 Million | CN¥5.09 Billion | CN¥1.40 Billion | CN¥655.02 Million | ▲ +11.8 pp |
| 2000 | 2.8% | CN¥118.58 Million | CN¥4.30 Billion | CN¥540.04 Million | CN¥421.46 Million | ▲ +8.4 pp |
| 1999 | -5.6% | CN¥-234.95 Million | CN¥4.16 Billion | CN¥525.07 Million | CN¥760.02 Million | ▼ -24.8 pp |
| 1998 | 19.2% | CN¥785.74 Million | CN¥4.10 Billion | CN¥1.16 Billion | CN¥377.89 Million | — |