Shanghai Fenghwa Group Co Ltd (600615) — Working Capital to Net Assets Ratio
Shanghai Fenghwa Group Co Ltd (600615) has a Working Capital to Net Assets ratio of 11.3% as of March 2026. Working capital of CN¥89.61 Million (current assets of CN¥568.44 Million minus current liabilities of CN¥478.83 Million) is measured against net assets of CN¥790.24 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Shanghai Fenghwa Group Co Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Shanghai Fenghwa Group Co Ltd Working Capital to Net Assets (1992–2025)
This chart shows how Shanghai Fenghwa Group Co Ltd's Working Capital to Net Assets ratio has evolved across 34 annual periods from 1992 to 2025. As of March 2026, the ratio stands at 11.3%, reflecting working capital of CN¥89.61 Million against net assets of CN¥790.24 Million CNY. For the complete balance sheet picture, see Shanghai Fenghwa Group Co Ltd total assets.
Annual Working Capital to Net Assets for Shanghai Fenghwa Group Co Ltd (1992–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Shanghai Fenghwa Group Co Ltd from 1992 to 2025, covering 34 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. Check Shanghai Fenghwa Group Co Ltd (600615) asset resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 14.4% | CN¥115.36 Million | CN¥799.19 Million | CN¥580.64 Million | CN¥465.28 Million | ▼ -20.6 pp |
| 2024 | 35.0% | CN¥285.05 Million | CN¥813.99 Million | CN¥667.85 Million | CN¥382.80 Million | ▼ -56.9 pp |
| 2023 | 91.9% | CN¥590.03 Million | CN¥641.78 Million | CN¥664.02 Million | CN¥73.99 Million | ▲ +81.4 pp |
| 2022 | 10.5% | CN¥67.16 Million | CN¥636.92 Million | CN¥122.48 Million | CN¥55.32 Million | ▼ -1.3 pp |
| 2021 | 11.9% | CN¥75.22 Million | CN¥634.26 Million | CN¥138.02 Million | CN¥62.80 Million | ▼ -82.2 pp |
| 2020 | 94.1% | CN¥596.52 Million | CN¥634.10 Million | CN¥624.00 Million | CN¥27.48 Million | ▲ +0.1 pp |
| 2019 | 93.9% | CN¥594.22 Million | CN¥632.63 Million | CN¥622.56 Million | CN¥28.34 Million | ▲ +2.0 pp |
| 2018 | 91.9% | CN¥551.69 Million | CN¥600.04 Million | CN¥581.84 Million | CN¥30.15 Million | ▲ +0.2 pp |
| 2017 | 91.8% | CN¥543.06 Million | CN¥591.67 Million | CN¥584.93 Million | CN¥41.87 Million | ▲ +1.9 pp |
| 2016 | 89.9% | CN¥436.85 Million | CN¥486.06 Million | CN¥580.41 Million | CN¥143.56 Million | ▲ +0.4 pp |
| 2015 | 89.5% | CN¥427.10 Million | CN¥477.19 Million | CN¥559.99 Million | CN¥132.89 Million | ▼ -1.0 pp |
| 2014 | 90.5% | CN¥444.36 Million | CN¥491.10 Million | CN¥577.84 Million | CN¥133.48 Million | ▲ +0.8 pp |
| 2013 | 89.7% | CN¥426.76 Million | CN¥475.79 Million | CN¥556.04 Million | CN¥129.28 Million | ▼ -13.5 pp |
| 2012 | 103.2% | CN¥511.06 Million | CN¥495.38 Million | CN¥530.30 Million | CN¥19.24 Million | ▼ -0.2 pp |
| 2011 | 103.4% | CN¥507.80 Million | CN¥491.28 Million | CN¥564.81 Million | CN¥57.02 Million | ▼ -1.2 pp |
| 2010 | 104.5% | CN¥529.35 Million | CN¥506.37 Million | CN¥708.98 Million | CN¥179.64 Million | ▼ -42.5 pp |
| 2009 | 147.0% | CN¥521.08 Million | CN¥354.49 Million | CN¥628.97 Million | CN¥107.89 Million | ▼ -3.8 pp |
| 2008 | 150.8% | CN¥526.91 Million | CN¥349.48 Million | CN¥669.71 Million | CN¥142.80 Million | ▲ +34.3 pp |
| 2007 | 116.5% | CN¥201.59 Million | CN¥173.05 Million | CN¥434.68 Million | CN¥233.08 Million | ▲ +133.8 pp |
| 2006 | -17.3% | CN¥-48.87 Million | CN¥281.74 Million | CN¥235.78 Million | CN¥284.64 Million | ▲ +61.7 pp |
| 2005 | -79.0% | CN¥-222.40 Million | CN¥281.34 Million | CN¥109.98 Million | CN¥332.38 Million | ▼ -19.5 pp |
| 2004 | -59.6% | CN¥-156.65 Million | CN¥262.99 Million | CN¥174.95 Million | CN¥331.60 Million | ▲ +11.5 pp |
| 2003 | -71.1% | CN¥-191.86 Million | CN¥270.02 Million | CN¥244.32 Million | CN¥436.18 Million | ▼ -61.4 pp |
| 2002 | -9.7% | CN¥-46.58 Million | CN¥481.65 Million | CN¥358.51 Million | CN¥405.09 Million | ▼ -14.8 pp |
| 2001 | 5.1% | CN¥32.25 Million | CN¥631.21 Million | CN¥387.09 Million | CN¥354.84 Million | ▲ +0.5 pp |
| 2000 | 4.7% | CN¥28.63 Million | CN¥614.62 Million | CN¥228.69 Million | CN¥200.06 Million | ▼ -20.6 pp |
| 1999 | 25.2% | CN¥158.53 Million | CN¥628.01 Million | CN¥383.96 Million | CN¥225.44 Million | ▲ +9.8 pp |
| 1998 | 15.4% | CN¥86.75 Million | CN¥562.68 Million | CN¥346.82 Million | CN¥260.07 Million | ▲ +19.4 pp |
| 1997 | -4.0% | CN¥-14.68 Million | CN¥365.00 Million | CN¥212.17 Million | CN¥226.85 Million | ▼ -20.2 pp |
| 1996 | 16.2% | CN¥40.65 Million | CN¥250.77 Million | CN¥276.83 Million | CN¥236.19 Million | ▼ -7.3 pp |
| 1995 | 23.5% | CN¥52.77 Million | CN¥224.58 Million | CN¥200.89 Million | CN¥148.11 Million | ▼ -11.4 pp |
| 1994 | 34.9% | CN¥80.08 Million | CN¥229.25 Million | CN¥182.26 Million | CN¥102.18 Million | ▲ +2.2 pp |
| 1993 | 32.7% | CN¥68.35 Million | CN¥209.00 Million | CN¥156.49 Million | CN¥88.14 Million | ▲ +8.2 pp |
| 1992 | 24.5% | CN¥37.39 Million | CN¥152.54 Million | CN¥102.84 Million | CN¥65.45 Million | — |