Shanghai DaZhong Public Utilities Group Co Ltd (600635) — Working Capital to Net Assets Ratio
Shanghai DaZhong Public Utilities Group Co Ltd (600635) has a Working Capital to Net Assets ratio of -22.6% as of September 2025. Working capital of CN¥-2.40 Billion (current assets of CN¥5.38 Billion minus current liabilities of CN¥7.78 Billion) is measured against net assets of CN¥10.64 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how leveraged is Shanghai DaZhong Public Utilities Group 's balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Shanghai DaZhong Public Utilities Group Co Ltd Working Capital to Net Assets (1993–2024)
This chart shows how Shanghai DaZhong Public Utilities Group Co Ltd's Working Capital to Net Assets ratio has evolved across 32 annual periods from 1993 to 2024. As of September 2025, the ratio stands at -22.6%, reflecting working capital of CN¥-2.40 Billion against net assets of CN¥10.64 Billion CNY. Check Shanghai DaZhong Public Utilities Group tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Shanghai DaZhong Public Utilities Group Co Ltd (1993–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Shanghai DaZhong Public Utilities Group Co Ltd from 1993 to 2024, covering 32 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 Shanghai DaZhong Public Utilities Group market capitalisation.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -25.0% | CN¥-2.51 Billion | CN¥10.04 Billion | CN¥5.75 Billion | CN¥8.25 Billion | ▲ +6.6 pp |
| 2023 | -31.6% | CN¥-3.08 Billion | CN¥9.74 Billion | CN¥5.44 Billion | CN¥8.51 Billion | ▲ +8.1 pp |
| 2022 | -39.7% | CN¥-3.80 Billion | CN¥9.58 Billion | CN¥5.57 Billion | CN¥9.38 Billion | ▼ -11.3 pp |
| 2021 | -28.4% | CN¥-2.84 Billion | CN¥10.02 Billion | CN¥5.41 Billion | CN¥8.25 Billion | ▲ +8.3 pp |
| 2020 | -36.7% | CN¥-3.62 Billion | CN¥9.88 Billion | CN¥5.28 Billion | CN¥8.90 Billion | ▼ -6.7 pp |
| 2019 | -30.0% | CN¥-2.77 Billion | CN¥9.25 Billion | CN¥5.58 Billion | CN¥8.35 Billion | ▼ -11.4 pp |
| 2018 | -18.6% | CN¥-1.60 Billion | CN¥8.58 Billion | CN¥5.15 Billion | CN¥6.74 Billion | ▲ +3.9 pp |
| 2017 | -22.5% | CN¥-1.88 Billion | CN¥8.36 Billion | CN¥7.02 Billion | CN¥8.90 Billion | ▼ -13.0 pp |
| 2016 | -9.6% | CN¥-788.80 Million | CN¥8.25 Billion | CN¥4.79 Billion | CN¥5.58 Billion | ▲ +8.4 pp |
| 2015 | -17.9% | CN¥-1.23 Billion | CN¥6.84 Billion | CN¥3.04 Billion | CN¥4.26 Billion | ▲ +11.6 pp |
| 2014 | -29.6% | CN¥-1.59 Billion | CN¥5.37 Billion | CN¥2.31 Billion | CN¥3.90 Billion | ▲ +0.7 pp |
| 2013 | -30.2% | CN¥-1.45 Billion | CN¥4.81 Billion | CN¥1.66 Billion | CN¥3.12 Billion | ▼ -4.0 pp |
| 2012 | -26.2% | CN¥-1.20 Billion | CN¥4.58 Billion | CN¥1.95 Billion | CN¥3.15 Billion | ▲ +25.5 pp |
| 2011 | -51.7% | CN¥-2.33 Billion | CN¥4.50 Billion | CN¥1.39 Billion | CN¥3.71 Billion | ▲ +0.6 pp |
| 2010 | -52.3% | CN¥-2.16 Billion | CN¥4.13 Billion | CN¥1.22 Billion | CN¥3.37 Billion | ▲ +24.9 pp |
| 2009 | -77.2% | CN¥-2.63 Billion | CN¥3.40 Billion | CN¥1.19 Billion | CN¥3.81 Billion | ▲ +16.4 pp |
| 2008 | -93.6% | CN¥-2.76 Billion | CN¥2.95 Billion | CN¥1.58 Billion | CN¥4.34 Billion | ▼ -24.2 pp |
| 2007 | -69.4% | CN¥-2.12 Billion | CN¥3.05 Billion | CN¥1.93 Billion | CN¥4.05 Billion | ▼ -1.9 pp |
| 2006 | -67.4% | CN¥-1.66 Billion | CN¥2.46 Billion | CN¥1.67 Billion | CN¥3.33 Billion | ▼ -18.4 pp |
| 2005 | -49.0% | CN¥-1.20 Billion | CN¥2.44 Billion | CN¥2.34 Billion | CN¥3.54 Billion | ▼ -5.3 pp |
| 2004 | -43.7% | CN¥-1.02 Billion | CN¥2.34 Billion | CN¥2.23 Billion | CN¥3.26 Billion | ▼ -43.6 pp |
| 2003 | -0.1% | CN¥-2.40 Million | CN¥2.37 Billion | CN¥2.00 Billion | CN¥2.00 Billion | ▼ -1.2 pp |
| 2002 | 1.1% | CN¥23.54 Million | CN¥2.07 Billion | CN¥1.48 Billion | CN¥1.46 Billion | ▲ +16.2 pp |
| 2001 | -15.1% | CN¥-241.02 Million | CN¥1.60 Billion | CN¥1.13 Billion | CN¥1.37 Billion | ▼ -32.6 pp |
| 2000 | 17.5% | CN¥208.35 Million | CN¥1.19 Billion | CN¥752.16 Million | CN¥543.80 Million | ▲ +2.0 pp |
| 1999 | 15.4% | CN¥178.98 Million | CN¥1.16 Billion | CN¥744.89 Million | CN¥565.90 Million | ▼ -30.4 pp |
| 1998 | 45.8% | CN¥511.61 Million | CN¥1.12 Billion | CN¥825.52 Million | CN¥313.91 Million | ▲ +3.2 pp |
| 1997 | 42.6% | CN¥263.50 Million | CN¥618.39 Million | CN¥355.45 Million | CN¥91.95 Million | ▼ -11.1 pp |
| 1996 | 53.7% | CN¥208.09 Million | CN¥387.56 Million | CN¥312.73 Million | CN¥104.63 Million | ▼ -5.2 pp |
| 1995 | 58.9% | CN¥172.24 Million | CN¥292.62 Million | CN¥217.54 Million | CN¥45.29 Million | ▲ +48.7 pp |
| 1994 | 10.1% | CN¥20.31 Million | CN¥200.64 Million | CN¥45.07 Million | CN¥24.76 Million | ▼ -5.1 pp |
| 1993 | 15.2% | CN¥15.68 Million | CN¥102.88 Million | CN¥17.46 Million | CN¥1.78 Million | — |