Lanzhou Minbai Shareholding Group Co Ltd (600738) — Working Capital to Net Assets Ratio
Lanzhou Minbai Shareholding Group Co Ltd (600738) has a Working Capital to Net Assets ratio of -15.7% as of March 2026. Working capital of CN¥-338.24 Million (current assets of CN¥498.77 Million minus current liabilities of CN¥837.01 Million) is measured against net assets of CN¥2.16 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 600738 financial 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
Lanzhou Minbai Shareholding Group Co Ltd Working Capital to Net Assets (1995–2025)
This chart shows how Lanzhou Minbai Shareholding Group Co Ltd's Working Capital to Net Assets ratio has evolved across 31 annual periods from 1995 to 2025. As of March 2026, the ratio stands at -15.7%, reflecting working capital of CN¥-338.24 Million against net assets of CN¥2.16 Billion CNY. See Lanzhou Minbai Shareholding Group Co Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Lanzhou Minbai Shareholding Group Co Ltd (1995–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Lanzhou Minbai Shareholding Group Co Ltd from 1995 to 2025, covering 31 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 how much is Lanzhou Minbai Shareholding Group Co Ltd worth.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -25.5% | CN¥-533.75 Million | CN¥2.09 Billion | CN¥521.59 Million | CN¥1.06 Billion | ▼ -0.6 pp |
| 2024 | -24.9% | CN¥-477.54 Million | CN¥1.91 Billion | CN¥595.49 Million | CN¥1.07 Billion | ▼ -4.3 pp |
| 2023 | -20.6% | CN¥-401.92 Million | CN¥1.95 Billion | CN¥716.55 Million | CN¥1.12 Billion | ▲ +10.7 pp |
| 2022 | -31.3% | CN¥-600.92 Million | CN¥1.92 Billion | CN¥585.67 Million | CN¥1.19 Billion | ▲ +11.9 pp |
| 2021 | -43.2% | CN¥-795.27 Million | CN¥1.84 Billion | CN¥404.77 Million | CN¥1.20 Billion | ▼ -20.0 pp |
| 2020 | -23.2% | CN¥-390.78 Million | CN¥1.68 Billion | CN¥787.62 Million | CN¥1.18 Billion | ▼ -68.0 pp |
| 2019 | 44.8% | CN¥715.61 Million | CN¥1.60 Billion | CN¥2.35 Billion | CN¥1.64 Billion | ▼ -13.0 pp |
| 2018 | 57.7% | CN¥1.75 Billion | CN¥3.03 Billion | CN¥4.01 Billion | CN¥2.26 Billion | ▲ +60.9 pp |
| 2017 | -3.1% | CN¥-57.27 Million | CN¥1.83 Billion | CN¥2.04 Billion | CN¥2.10 Billion | ▼ -44.7 pp |
| 2016 | 41.6% | CN¥517.53 Million | CN¥1.24 Billion | CN¥1.57 Billion | CN¥1.06 Billion | ▲ +14.5 pp |
| 2015 | 27.1% | CN¥320.28 Million | CN¥1.18 Billion | CN¥1.16 Billion | CN¥841.55 Million | ▲ +5.5 pp |
| 2014 | 21.7% | CN¥237.51 Million | CN¥1.10 Billion | CN¥1.02 Billion | CN¥784.34 Million | ▲ +7.5 pp |
| 2013 | 14.1% | CN¥145.27 Million | CN¥1.03 Billion | CN¥875.39 Million | CN¥730.12 Million | ▲ +12.6 pp |
| 2012 | 1.6% | CN¥7.41 Million | CN¥475.51 Million | CN¥753.20 Million | CN¥745.79 Million | ▲ +4.3 pp |
| 2011 | -2.7% | CN¥-11.37 Million | CN¥415.82 Million | CN¥604.18 Million | CN¥615.55 Million | ▲ +22.6 pp |
| 2010 | -25.3% | CN¥-93.34 Million | CN¥368.81 Million | CN¥428.55 Million | CN¥521.90 Million | ▲ +38.4 pp |
| 2009 | -63.7% | CN¥-270.30 Million | CN¥424.12 Million | CN¥236.78 Million | CN¥507.09 Million | ▲ +18.4 pp |
| 2008 | -82.1% | CN¥-305.81 Million | CN¥372.39 Million | CN¥202.76 Million | CN¥508.57 Million | ▼ -17.9 pp |
| 2007 | -64.3% | CN¥-258.79 Million | CN¥402.67 Million | CN¥225.97 Million | CN¥484.76 Million | ▲ +17.2 pp |
| 2006 | -81.4% | CN¥-250.39 Million | CN¥307.46 Million | CN¥169.98 Million | CN¥420.38 Million | ▲ +44.5 pp |
| 2005 | -125.9% | CN¥-312.07 Million | CN¥247.87 Million | CN¥156.00 Million | CN¥468.08 Million | ▲ +9.3 pp |
| 2004 | -135.2% | CN¥-330.90 Million | CN¥244.75 Million | CN¥249.15 Million | CN¥580.05 Million | ▲ +23.2 pp |
| 2003 | -158.4% | CN¥-379.44 Million | CN¥239.51 Million | CN¥220.15 Million | CN¥599.58 Million | ▲ +23.4 pp |
| 2002 | -181.8% | CN¥-432.19 Million | CN¥237.70 Million | CN¥256.32 Million | CN¥688.50 Million | ▼ -93.2 pp |
| 2001 | -88.6% | CN¥-278.50 Million | CN¥314.24 Million | CN¥395.49 Million | CN¥673.99 Million | ▼ -31.9 pp |
| 2000 | -56.7% | CN¥-210.99 Million | CN¥371.80 Million | CN¥408.75 Million | CN¥619.73 Million | ▲ +8.2 pp |
| 1999 | -65.0% | CN¥-217.06 Million | CN¥333.98 Million | CN¥387.86 Million | CN¥604.93 Million | ▲ +35.9 pp |
| 1998 | -100.9% | CN¥-234.23 Million | CN¥232.08 Million | CN¥114.76 Million | CN¥348.99 Million | ▲ +17.0 pp |
| 1997 | -117.9% | CN¥-249.53 Million | CN¥211.58 Million | CN¥138.63 Million | CN¥388.16 Million | ▼ -62.5 pp |
| 1996 | -55.5% | CN¥-109.66 Million | CN¥197.71 Million | CN¥180.80 Million | CN¥290.46 Million | ▲ +21.6 pp |
| 1995 | -77.1% | CN¥-132.23 Million | CN¥171.52 Million | CN¥150.98 Million | CN¥283.20 Million | — |