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 -37.6% as of September 2025. Working capital of CN¥-12.74 Billion (current assets of CN¥97.33 Billion minus current liabilities of CN¥110.07 Billion) is measured against net assets of CN¥33.91 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 600820 net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Shanghai Tunnel Engineering Co Ltd Working Capital to Net Assets (1993–2024)
This chart shows how Shanghai Tunnel Engineering 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 -37.6%, reflecting working capital of CN¥-12.74 Billion against net assets of CN¥33.91 Billion CNY. Check Shanghai Tunnel Engineering Co Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Shanghai Tunnel Engineering Co Ltd (1993–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Shanghai Tunnel Engineering 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 how much is Shanghai Tunnel Engineering Co Ltd worth.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (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 | — |