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 -8.1% as of March 2026. Working capital of CN¥-37.34 Million (current assets of CN¥658.40 Million minus current liabilities of CN¥695.74 Million) is measured against net assets of CN¥460.55 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial flexibility index of Shanghai Fudan Forward S&T Co Ltd to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Shanghai Fudan Forward S&T Co Ltd Working Capital to Net Assets (1992–2025)
This chart shows how Shanghai Fudan Forward S&T 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 -8.1%, reflecting working capital of CN¥-37.34 Million against net assets of CN¥460.55 Million CNY. See how many days can Shanghai Fudan Forward S&T Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Shanghai Fudan Forward S&T Co Ltd (1992–2025)
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 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. For live market cap and the full company profile, see 600624 stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -8.9% | CN¥-42.14 Million | CN¥473.95 Million | CN¥702.99 Million | CN¥745.12 Million | ▼ -29.4 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 | — |