Shanghai Tunnel Engineering Co Ltd (600820) — Working Capital to Net Assets Ratio
Shanghai Tunnel Engineering Co Ltd (600820) has a Working Capital to Net Assets ratio of -21.7% as of June 2026. Working capital of CN¥-10.87 Billion (current assets of CN¥99.65 Billion minus current liabilities of CN¥110.52 Billion) is measured against net assets of CN¥50.16 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Shanghai Tunnel Engineering Co Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Shanghai Tunnel Engineering Co Ltd Working Capital to Net Assets (1993–2025)
This chart shows how Shanghai Tunnel Engineering 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 -21.7%, reflecting working capital of CN¥-10.87 Billion against net assets of CN¥50.16 Billion CNY. For the complete balance sheet picture, see 600820 current and non-current assets.
Annual Working Capital to Net Assets for Shanghai Tunnel Engineering Co Ltd (1993–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Shanghai Tunnel Engineering 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 asset resilience ratio of Shanghai Tunnel Engineering Co Ltd 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 | -24.1% | CN¥-10.59 Billion | CN¥44.00 Billion | CN¥106.99 Billion | CN¥117.58 Billion | ▲ +0.5 pp |
| 2024 | -24.6% | CN¥-9.70 Billion | CN¥39.39 Billion | CN¥98.54 Billion | CN¥108.24 Billion | ▲ +0.7 pp |
| 2023 | -25.3% | CN¥-9.03 Billion | CN¥35.65 Billion | CN¥87.16 Billion | CN¥96.20 Billion | ▲ +1.4 pp |
| 2022 | -26.7% | CN¥-9.04 Billion | CN¥33.86 Billion | CN¥75.46 Billion | CN¥84.50 Billion | ▲ +11.2 pp |
| 2021 | -37.9% | CN¥-11.14 Billion | CN¥29.37 Billion | CN¥64.92 Billion | CN¥76.06 Billion | ▼ -20.3 pp |
| 2020 | -17.6% | CN¥-4.43 Billion | CN¥25.21 Billion | CN¥55.15 Billion | CN¥59.58 Billion | ▼ -32.7 pp |
| 2019 | 15.1% | CN¥3.53 Billion | CN¥23.33 Billion | CN¥48.92 Billion | CN¥45.39 Billion | ▲ +0.4 pp |
| 2018 | 14.7% | CN¥3.16 Billion | CN¥21.53 Billion | CN¥43.76 Billion | CN¥40.60 Billion | ▲ +4.5 pp |
| 2017 | 10.2% | CN¥2.05 Billion | CN¥20.10 Billion | CN¥38.51 Billion | CN¥36.46 Billion | ▲ +5.9 pp |
| 2016 | 4.3% | CN¥776.14 Million | CN¥18.25 Billion | CN¥36.69 Billion | CN¥35.92 Billion | ▼ -13.9 pp |
| 2015 | 18.2% | CN¥3.07 Billion | CN¥16.89 Billion | CN¥32.80 Billion | CN¥29.73 Billion | ▼ -0.6 pp |
| 2014 | 18.8% | CN¥3.00 Billion | CN¥15.96 Billion | CN¥29.20 Billion | CN¥26.21 Billion | ▲ +27.5 pp |
| 2013 | -8.7% | CN¥-1.09 Billion | CN¥12.51 Billion | CN¥25.26 Billion | CN¥26.35 Billion | ▲ +22.5 pp |
| 2012 | -31.2% | CN¥-3.48 Billion | CN¥11.15 Billion | CN¥21.19 Billion | CN¥24.68 Billion | ▼ -78.8 pp |
| 2011 | 47.6% | CN¥2.32 Billion | CN¥4.88 Billion | CN¥14.63 Billion | CN¥12.30 Billion | ▼ -18.6 pp |
| 2010 | 66.2% | CN¥2.95 Billion | CN¥4.46 Billion | CN¥12.99 Billion | CN¥10.04 Billion | ▲ +2.2 pp |
| 2009 | 64.0% | CN¥2.55 Billion | CN¥3.99 Billion | CN¥11.83 Billion | CN¥9.27 Billion | ▲ +60.8 pp |
| 2008 | 3.2% | CN¥120.40 Million | CN¥3.73 Billion | CN¥8.82 Billion | CN¥8.70 Billion | ▲ +107.5 pp |
| 2007 | -104.2% | CN¥-2.41 Billion | CN¥2.31 Billion | CN¥5.60 Billion | CN¥8.01 Billion | ▼ -54.5 pp |
| 2006 | -49.8% | CN¥-1.05 Billion | CN¥2.11 Billion | CN¥4.71 Billion | CN¥5.77 Billion | ▼ -27.8 pp |
| 2005 | -22.0% | CN¥-442.08 Million | CN¥2.01 Billion | CN¥4.24 Billion | CN¥4.68 Billion | ▼ -28.1 pp |
| 2004 | 6.1% | CN¥116.57 Million | CN¥1.92 Billion | CN¥4.26 Billion | CN¥4.14 Billion | ▲ +8.9 pp |
| 2003 | -2.8% | CN¥-52.19 Million | CN¥1.83 Billion | CN¥3.56 Billion | CN¥3.61 Billion | ▲ +9.9 pp |
| 2002 | -12.8% | CN¥-219.80 Million | CN¥1.72 Billion | CN¥3.18 Billion | CN¥3.40 Billion | ▼ -11.6 pp |
| 2001 | -1.2% | CN¥-19.07 Million | CN¥1.64 Billion | CN¥4.25 Billion | CN¥4.27 Billion | ▲ +0.3 pp |
| 2000 | -1.4% | CN¥-18.88 Million | CN¥1.33 Billion | CN¥3.06 Billion | CN¥3.08 Billion | ▲ +9.4 pp |
| 1999 | -10.8% | CN¥-131.53 Million | CN¥1.21 Billion | CN¥2.61 Billion | CN¥2.74 Billion | ▼ -36.4 pp |
| 1998 | 25.5% | CN¥141.94 Million | CN¥556.07 Million | CN¥1.34 Billion | CN¥1.19 Billion | ▼ -15.6 pp |
| 1997 | 41.1% | CN¥207.88 Million | CN¥505.55 Million | CN¥1.14 Billion | CN¥934.02 Million | ▲ +5.6 pp |
| 1996 | 35.6% | CN¥118.45 Million | CN¥333.17 Million | CN¥824.34 Million | CN¥705.88 Million | ▼ -4.8 pp |
| 1995 | 40.4% | CN¥118.64 Million | CN¥293.97 Million | CN¥498.48 Million | CN¥379.83 Million | ▲ +19.1 pp |
| 1994 | 21.3% | CN¥44.97 Million | CN¥211.30 Million | CN¥275.80 Million | CN¥230.83 Million | ▼ -21.0 pp |
| 1993 | 42.3% | CN¥78.04 Million | CN¥184.44 Million | CN¥288.04 Million | CN¥210.00 Million | — |