Shanghai Fudan Forward S&T Co Ltd (600624) — Working Capital to Net Assets Ratio
Shanghai Fudan Forward S&T Co Ltd (600624) has a Working Capital to Net Assets ratio of 19.7% as of September 2025. Working capital of CN¥129.99 Million (current assets of CN¥861.71 Million minus current liabilities of CN¥731.72 Million) is measured against net assets of CN¥658.31 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See 600624 net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Shanghai Fudan Forward S&T Co Ltd Working Capital to Net Assets (1992–2024)
This chart shows how Shanghai Fudan Forward S&T Co Ltd's Working Capital to Net Assets ratio has evolved across 33 annual periods from 1992 to 2024. As of September 2025, the ratio stands at 19.7%, reflecting working capital of CN¥129.99 Million against net assets of CN¥658.31 Million CNY. Check 600624 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Shanghai Fudan Forward S&T Co Ltd (1992–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Shanghai Fudan Forward S&T Co Ltd from 1992 to 2024, covering 33 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 600624 market cap overview.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 20.5% | CN¥138.95 Million | CN¥677.57 Million | CN¥732.58 Million | CN¥593.64 Million | ▼ -12.6 pp |
| 2023 | 33.1% | CN¥279.78 Million | CN¥845.50 Million | CN¥1.06 Billion | CN¥784.94 Million | ▼ -17.9 pp |
| 2022 | 51.0% | CN¥506.96 Million | CN¥993.73 Million | CN¥1.09 Billion | CN¥587.19 Million | ▲ +11.5 pp |
| 2021 | 39.6% | CN¥395.30 Million | CN¥999.37 Million | CN¥1.12 Billion | CN¥725.05 Million | ▲ +1.6 pp |
| 2020 | 37.9% | CN¥424.94 Million | CN¥1.12 Billion | CN¥1.25 Billion | CN¥825.46 Million | ▲ +1.4 pp |
| 2019 | 36.6% | CN¥440.53 Million | CN¥1.21 Billion | CN¥1.32 Billion | CN¥878.11 Million | ▲ +0.5 pp |
| 2018 | 36.1% | CN¥439.92 Million | CN¥1.22 Billion | CN¥1.81 Billion | CN¥1.37 Billion | ▼ -0.3 pp |
| 2017 | 36.3% | CN¥433.05 Million | CN¥1.19 Billion | CN¥1.42 Billion | CN¥990.48 Million | ▲ +0.0 pp |
| 2016 | 36.3% | CN¥421.06 Million | CN¥1.16 Billion | CN¥1.32 Billion | CN¥897.30 Million | ▲ +5.3 pp |
| 2015 | 31.0% | CN¥350.40 Million | CN¥1.13 Billion | CN¥768.93 Million | CN¥418.53 Million | ▼ -10.1 pp |
| 2014 | 41.1% | CN¥446.44 Million | CN¥1.09 Billion | CN¥778.65 Million | CN¥332.20 Million | ▲ +25.0 pp |
| 2013 | 16.1% | CN¥104.96 Million | CN¥653.63 Million | CN¥860.67 Million | CN¥755.71 Million | ▲ +4.8 pp |
| 2012 | 11.3% | CN¥71.79 Million | CN¥635.94 Million | CN¥701.69 Million | CN¥629.90 Million | ▼ -33.8 pp |
| 2011 | 45.1% | CN¥287.39 Million | CN¥637.51 Million | CN¥1.09 Billion | CN¥800.26 Million | ▼ -2.0 pp |
| 2010 | 47.1% | CN¥293.23 Million | CN¥622.44 Million | CN¥1.00 Billion | CN¥708.77 Million | ▲ +7.0 pp |
| 2009 | 40.1% | CN¥225.20 Million | CN¥561.02 Million | CN¥834.08 Million | CN¥608.88 Million | ▲ +11.4 pp |
| 2008 | 28.7% | CN¥157.19 Million | CN¥546.96 Million | CN¥681.35 Million | CN¥524.16 Million | ▲ +5.2 pp |
| 2007 | 23.5% | CN¥124.84 Million | CN¥530.40 Million | CN¥661.66 Million | CN¥536.81 Million | ▲ +7.2 pp |
| 2006 | 16.4% | CN¥83.56 Million | CN¥510.05 Million | CN¥581.76 Million | CN¥498.20 Million | ▲ +5.4 pp |
| 2005 | 11.0% | CN¥57.45 Million | CN¥523.46 Million | CN¥591.89 Million | CN¥534.44 Million | ▼ -9.7 pp |
| 2004 | 20.7% | CN¥102.65 Million | CN¥495.62 Million | CN¥615.88 Million | CN¥513.23 Million | ▲ +5.4 pp |
| 2003 | 15.3% | CN¥69.90 Million | CN¥457.05 Million | CN¥643.12 Million | CN¥573.22 Million | ▲ +4.6 pp |
| 2002 | 10.6% | CN¥46.54 Million | CN¥437.11 Million | CN¥609.28 Million | CN¥562.74 Million | ▼ -18.1 pp |
| 2001 | 28.7% | CN¥127.15 Million | CN¥442.45 Million | CN¥714.43 Million | CN¥587.27 Million | ▼ -26.4 pp |
| 2000 | 55.1% | CN¥293.02 Million | CN¥531.49 Million | CN¥681.11 Million | CN¥388.09 Million | ▲ +4.4 pp |
| 1999 | 50.7% | CN¥254.99 Million | CN¥502.54 Million | CN¥560.64 Million | CN¥305.64 Million | ▼ -10.7 pp |
| 1998 | 61.4% | CN¥307.26 Million | CN¥500.36 Million | CN¥524.20 Million | CN¥216.94 Million | ▼ -3.0 pp |
| 1997 | 64.4% | CN¥305.08 Million | CN¥473.78 Million | CN¥431.93 Million | CN¥126.86 Million | ▲ +13.6 pp |
| 1996 | 50.8% | CN¥153.32 Million | CN¥302.09 Million | CN¥313.18 Million | CN¥159.86 Million | ▼ -8.3 pp |
| 1995 | 59.0% | CN¥162.82 Million | CN¥275.86 Million | CN¥254.41 Million | CN¥91.59 Million | ▲ +4.8 pp |
| 1994 | 54.2% | CN¥106.05 Million | CN¥195.70 Million | CN¥160.76 Million | CN¥54.71 Million | ▼ -22.7 pp |
| 1993 | 76.9% | CN¥141.59 Million | CN¥184.14 Million | CN¥177.17 Million | CN¥35.59 Million | ▼ -4.1 pp |
| 1992 | 80.9% | CN¥90.87 Million | CN¥112.26 Million | CN¥120.59 Million | CN¥29.72 Million | — |