Liaoning Shenhua Holdings Co Ltd (600653) — Working Capital to Net Assets Ratio
Liaoning Shenhua Holdings Co Ltd (600653) has a Working Capital to Net Assets ratio of 29.6% as of September 2025. Working capital of CN¥249.59 Million (current assets of CN¥1.42 Billion minus current liabilities of CN¥1.17 Billion) is measured against net assets of CN¥844.29 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Liaoning Shenhua Holdings Co Ltd (600653) flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Liaoning Shenhua Holdings Co Ltd Working Capital to Net Assets (1990–2024)
This chart shows how Liaoning Shenhua Holdings Co Ltd's Working Capital to Net Assets ratio has evolved across 34 annual periods from 1990 to 2024. As of September 2025, the ratio stands at 29.6%, reflecting working capital of CN¥249.59 Million against net assets of CN¥844.29 Million CNY. See operational self-sufficiency of Liaoning Shenhua Holdings Co Ltd to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Liaoning Shenhua Holdings Co Ltd (1990–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Liaoning Shenhua Holdings Co Ltd from 1990 to 2024, 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 600653 market cap.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 36.0% | CN¥345.14 Million | CN¥958.07 Million | CN¥1.80 Billion | CN¥1.46 Billion | ▲ +11.7 pp |
| 2023 | 24.4% | CN¥231.35 Million | CN¥949.42 Million | CN¥1.65 Billion | CN¥1.42 Billion | ▼ -6.6 pp |
| 2022 | 31.0% | CN¥385.04 Million | CN¥1.24 Billion | CN¥1.96 Billion | CN¥1.58 Billion | ▼ -8.6 pp |
| 2021 | 39.6% | CN¥573.09 Million | CN¥1.45 Billion | CN¥2.28 Billion | CN¥1.71 Billion | ▲ +30.2 pp |
| 2020 | 9.3% | CN¥156.61 Million | CN¥1.68 Billion | CN¥2.53 Billion | CN¥2.37 Billion | ▼ -23.5 pp |
| 2019 | 32.9% | CN¥794.18 Million | CN¥2.42 Billion | CN¥4.32 Billion | CN¥3.53 Billion | ▲ +14.6 pp |
| 2018 | 18.3% | CN¥482.53 Million | CN¥2.64 Billion | CN¥5.15 Billion | CN¥4.66 Billion | ▲ +81.3 pp |
| 2017 | -63.0% | CN¥-1.51 Billion | CN¥2.40 Billion | CN¥4.92 Billion | CN¥6.43 Billion | ▼ -33.1 pp |
| 2016 | -29.9% | CN¥-819.27 Million | CN¥2.74 Billion | CN¥5.26 Billion | CN¥6.08 Billion | ▲ +36.9 pp |
| 2015 | -66.8% | CN¥-1.44 Billion | CN¥2.16 Billion | CN¥4.29 Billion | CN¥5.73 Billion | ▼ -32.6 pp |
| 2014 | -34.2% | CN¥-785.50 Million | CN¥2.29 Billion | CN¥3.90 Billion | CN¥4.69 Billion | ▼ -4.7 pp |
| 2013 | -29.5% | CN¥-713.88 Million | CN¥2.42 Billion | CN¥3.95 Billion | CN¥4.67 Billion | ▲ +0.3 pp |
| 2012 | -29.9% | CN¥-674.54 Million | CN¥2.26 Billion | CN¥2.52 Billion | CN¥3.20 Billion | ▼ -16.4 pp |
| 2011 | -13.5% | CN¥-296.07 Million | CN¥2.20 Billion | CN¥3.48 Billion | CN¥3.78 Billion | ▲ +16.0 pp |
| 2010 | -29.5% | CN¥-607.90 Million | CN¥2.06 Billion | CN¥3.55 Billion | CN¥4.16 Billion | ▼ -15.7 pp |
| 2009 | -13.8% | CN¥-302.51 Million | CN¥2.20 Billion | CN¥1.92 Billion | CN¥2.23 Billion | ▼ -10.8 pp |
| 2008 | -3.0% | CN¥-57.75 Million | CN¥1.91 Billion | CN¥1.63 Billion | CN¥1.69 Billion | ▲ +5.9 pp |
| 2007 | -8.9% | CN¥-185.98 Million | CN¥2.08 Billion | CN¥1.60 Billion | CN¥1.79 Billion | ▲ +4.9 pp |
| 2006 | -13.8% | CN¥-195.20 Million | CN¥1.41 Billion | CN¥1.21 Billion | CN¥1.40 Billion | ▲ +52.8 pp |
| 2005 | -66.6% | CN¥-951.69 Million | CN¥1.43 Billion | CN¥1.17 Billion | CN¥2.12 Billion | ▼ -57.8 pp |
| 2004 | -8.8% | CN¥-161.78 Million | CN¥1.84 Billion | CN¥1.91 Billion | CN¥2.07 Billion | ▼ -10.1 pp |
| 2003 | 1.3% | CN¥24.36 Million | CN¥1.94 Billion | CN¥2.81 Billion | CN¥2.78 Billion | ▲ +3.1 pp |
| 2002 | -1.8% | CN¥-33.44 Million | CN¥1.86 Billion | CN¥2.53 Billion | CN¥2.57 Billion | ▼ -16.6 pp |
| 2001 | 14.8% | CN¥335.64 Million | CN¥2.27 Billion | CN¥2.91 Billion | CN¥2.57 Billion | ▼ -9.8 pp |
| 2000 | 24.6% | CN¥317.78 Million | CN¥1.29 Billion | CN¥2.45 Billion | CN¥2.14 Billion | ▲ +28.4 pp |
| 1999 | -3.8% | CN¥-31.35 Million | CN¥816.64 Million | CN¥506.11 Million | CN¥537.46 Million | ▼ -5.7 pp |
| 1998 | 1.9% | CN¥12.00 Million | CN¥628.34 Million | CN¥233.76 Million | CN¥221.76 Million | ▼ -8.6 pp |
| 1997 | 10.5% | CN¥59.51 Million | CN¥565.14 Million | CN¥312.12 Million | CN¥252.61 Million | ▼ -54.3 pp |
| 1996 | 64.8% | CN¥315.26 Million | CN¥486.48 Million | CN¥708.29 Million | CN¥393.04 Million | ▲ +6.5 pp |
| 1995 | 58.3% | CN¥178.88 Million | CN¥306.67 Million | CN¥540.41 Million | CN¥361.52 Million | ▲ +45.1 pp |
| 1993 | 13.2% | CN¥21.23 Million | CN¥160.79 Million | CN¥97.24 Million | CN¥76.01 Million | ▲ +47.0 pp |
| 1992 | -33.8% | CN¥-20.08 Million | CN¥59.49 Million | CN¥45.73 Million | CN¥65.82 Million | ▼ -9.0 pp |
| 1991 | -24.8% | CN¥-2.87 Million | CN¥11.58 Million | CN¥4.59 Million | CN¥7.46 Million | ▼ -68.9 pp |
| 1990 | 44.1% | CN¥641.72K | CN¥1.46 Million | CN¥2.93 Million | CN¥2.29 Million | — |