Shanxi Xinghuacun Fen Wine Factory Co Ltd (600809) — Working Capital to Net Assets Ratio
Shanxi Xinghuacun Fen Wine Factory Co Ltd (600809) has a Working Capital to Net Assets ratio of 71.6% as of June 2026. Working capital of CN¥27.67 Billion (current assets of CN¥52.58 Billion minus current liabilities of CN¥24.92 Billion) is measured against net assets of CN¥38.63 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 600809 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Shanxi Xinghuacun Fen Wine Factory Co Ltd Working Capital to Net Assets (1993–2025)
This chart shows how Shanxi Xinghuacun Fen Wine Factory Co Ltd's Working Capital to Net Assets ratio has evolved across 33 annual periods from 1993 to 2025. As of June 2026, the ratio stands at 71.6%, reflecting working capital of CN¥27.67 Billion against net assets of CN¥38.63 Billion CNY. For the complete balance sheet picture, see Shanxi Xinghuacun Fen Wine Factory Co Lt balance sheet assets.
Annual Working Capital to Net Assets for Shanxi Xinghuacun Fen Wine Factory Co Ltd (1993–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Shanxi Xinghuacun Fen Wine Factory Co Ltd from 1993 to 2025, 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. Check Shanxi Xinghuacun Fen Wine Factory Co Lt asset resilience ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 74.4% | CN¥29.86 Billion | CN¥40.13 Billion | CN¥45.91 Billion | CN¥16.05 Billion | ▲ +0.3 pp |
| 2024 | 74.1% | CN¥26.07 Billion | CN¥35.20 Billion | CN¥44.03 Billion | CN¥17.96 Billion | ▲ +5.2 pp |
| 2023 | 68.8% | CN¥19.46 Billion | CN¥28.28 Billion | CN¥34.61 Billion | CN¥15.15 Billion | ▲ +2.8 pp |
| 2022 | 66.0% | CN¥14.36 Billion | CN¥21.75 Billion | CN¥29.20 Billion | CN¥14.85 Billion | ▼ -4.7 pp |
| 2021 | 70.7% | CN¥11.02 Billion | CN¥15.59 Billion | CN¥25.29 Billion | CN¥14.27 Billion | ▲ +9.3 pp |
| 2020 | 61.4% | CN¥6.18 Billion | CN¥10.06 Billion | CN¥15.81 Billion | CN¥9.63 Billion | ▲ +5.6 pp |
| 2019 | 55.8% | CN¥4.25 Billion | CN¥7.62 Billion | CN¥12.64 Billion | CN¥8.39 Billion | ▼ -1.4 pp |
| 2018 | 57.2% | CN¥3.71 Billion | CN¥6.48 Billion | CN¥9.02 Billion | CN¥5.31 Billion | ▲ +7.4 pp |
| 2017 | 49.8% | CN¥2.66 Billion | CN¥5.34 Billion | CN¥6.24 Billion | CN¥3.58 Billion | ▲ +4.0 pp |
| 2016 | 45.9% | CN¥2.22 Billion | CN¥4.84 Billion | CN¥4.79 Billion | CN¥2.57 Billion | ▲ +0.1 pp |
| 2015 | 45.7% | CN¥2.05 Billion | CN¥4.50 Billion | CN¥4.26 Billion | CN¥2.21 Billion | ▼ -4.0 pp |
| 2014 | 49.7% | CN¥1.96 Billion | CN¥3.94 Billion | CN¥3.81 Billion | CN¥1.85 Billion | ▼ -6.0 pp |
| 2013 | 55.7% | CN¥2.16 Billion | CN¥3.88 Billion | CN¥4.10 Billion | CN¥1.94 Billion | ▼ -12.0 pp |
| 2012 | 67.7% | CN¥2.45 Billion | CN¥3.62 Billion | CN¥4.94 Billion | CN¥2.49 Billion | ▲ +2.5 pp |
| 2011 | 65.2% | CN¥1.68 Billion | CN¥2.58 Billion | CN¥4.01 Billion | CN¥2.33 Billion | ▼ -4.6 pp |
| 2010 | 69.8% | CN¥1.44 Billion | CN¥2.06 Billion | CN¥2.83 Billion | CN¥1.40 Billion | ▼ -0.5 pp |
| 2009 | 70.3% | CN¥1.26 Billion | CN¥1.79 Billion | CN¥1.98 Billion | CN¥716.45 Million | ▲ +4.1 pp |
| 2008 | 66.3% | CN¥1.05 Billion | CN¥1.59 Billion | CN¥1.58 Billion | CN¥527.95 Million | ▼ -1.0 pp |
| 2007 | 67.2% | CN¥942.52 Million | CN¥1.40 Billion | CN¥1.43 Billion | CN¥484.41 Million | ▲ +1.9 pp |
| 2006 | 65.4% | CN¥788.27 Million | CN¥1.21 Billion | CN¥1.24 Billion | CN¥451.15 Million | ▲ +6.5 pp |
| 2005 | 58.9% | CN¥587.16 Million | CN¥996.99 Million | CN¥924.75 Million | CN¥337.59 Million | ▲ +1.2 pp |
| 2004 | 57.7% | CN¥524.21 Million | CN¥909.03 Million | CN¥819.30 Million | CN¥295.09 Million | ▲ +2.7 pp |
| 2003 | 54.9% | CN¥462.48 Million | CN¥841.98 Million | CN¥691.19 Million | CN¥228.71 Million | ▲ +4.6 pp |
| 2002 | 50.3% | CN¥396.20 Million | CN¥787.01 Million | CN¥636.87 Million | CN¥240.67 Million | ▲ +3.0 pp |
| 2001 | 47.3% | CN¥369.37 Million | CN¥780.88 Million | CN¥692.42 Million | CN¥323.04 Million | ▲ +4.7 pp |
| 2000 | 42.6% | CN¥337.22 Million | CN¥791.25 Million | CN¥684.61 Million | CN¥347.39 Million | ▲ +5.1 pp |
| 1999 | 37.5% | CN¥291.54 Million | CN¥777.59 Million | CN¥623.45 Million | CN¥331.91 Million | ▲ +3.8 pp |
| 1998 | 33.7% | CN¥262.83 Million | CN¥779.83 Million | CN¥597.54 Million | CN¥334.71 Million | ▲ +3.6 pp |
| 1997 | 30.1% | CN¥232.13 Million | CN¥770.71 Million | CN¥585.97 Million | CN¥353.84 Million | ▲ +7.5 pp |
| 1996 | 22.6% | CN¥171.97 Million | CN¥761.91 Million | CN¥543.18 Million | CN¥371.21 Million | ▲ +8.1 pp |
| 1995 | 14.5% | CN¥100.11 Million | CN¥691.24 Million | CN¥556.56 Million | CN¥456.45 Million | ▼ -17.2 pp |
| 1994 | 31.7% | CN¥230.14 Million | CN¥726.98 Million | CN¥526.72 Million | CN¥296.59 Million | ▼ -24.5 pp |
| 1993 | 56.2% | CN¥354.11 Million | CN¥630.22 Million | CN¥665.98 Million | CN¥311.87 Million | — |