Shanghai Milkground Food Tech Co Ltd (600882) — Working Capital to Net Assets Ratio
Shanghai Milkground Food Tech Co Ltd (600882) has a Working Capital to Net Assets ratio of 17.1% as of March 2026. Working capital of CN¥796.53 Million (current assets of CN¥4.05 Billion minus current liabilities of CN¥3.26 Billion) is measured against net assets of CN¥4.65 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Shanghai Milkground Food Tech Co Ltd (600882) 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
Shanghai Milkground Food Tech Co Ltd Working Capital to Net Assets (1995–2025)
This chart shows how Shanghai Milkground Food Tech 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 17.1%, reflecting working capital of CN¥796.53 Million against net assets of CN¥4.65 Billion CNY. See how many days can Shanghai Milkground Food Tech Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Shanghai Milkground Food Tech Co Ltd (1995–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Shanghai Milkground Food Tech 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 Shanghai Milkground Food Tech Co Ltd market capitalisation.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 14.6% | CN¥678.66 Million | CN¥4.64 Billion | CN¥3.76 Billion | CN¥3.08 Billion | ▼ -19.0 pp |
| 2024 | 33.6% | CN¥1.48 Billion | CN¥4.41 Billion | CN¥3.63 Billion | CN¥2.15 Billion | ▼ -4.9 pp |
| 2023 | 38.5% | CN¥1.66 Billion | CN¥4.30 Billion | CN¥3.71 Billion | CN¥2.05 Billion | ▼ -6.1 pp |
| 2022 | 44.6% | CN¥2.18 Billion | CN¥4.88 Billion | CN¥4.38 Billion | CN¥2.20 Billion | ▼ -5.3 pp |
| 2021 | 50.0% | CN¥2.45 Billion | CN¥4.91 Billion | CN¥3.88 Billion | CN¥1.43 Billion | ▲ +35.4 pp |
| 2020 | 14.5% | CN¥266.63 Million | CN¥1.83 Billion | CN¥1.18 Billion | CN¥910.98 Million | ▲ +6.4 pp |
| 2019 | 8.2% | CN¥103.43 Million | CN¥1.27 Billion | CN¥880.30 Million | CN¥776.87 Million | ▲ +4.2 pp |
| 2018 | 4.0% | CN¥48.63 Million | CN¥1.22 Billion | CN¥1.19 Billion | CN¥1.14 Billion | ▼ -40.7 pp |
| 2017 | 44.7% | CN¥526.39 Million | CN¥1.18 Billion | CN¥1.10 Billion | CN¥575.06 Million | ▲ +28.2 pp |
| 2016 | 16.5% | CN¥191.27 Million | CN¥1.16 Billion | CN¥1.02 Billion | CN¥825.68 Million | ▲ +2.0 pp |
| 2015 | 14.5% | CN¥157.96 Million | CN¥1.09 Billion | CN¥644.35 Million | CN¥486.39 Million | ▼ -9.4 pp |
| 2014 | 23.9% | CN¥328.44 Million | CN¥1.37 Billion | CN¥566.87 Million | CN¥238.44 Million | ▼ -13.0 pp |
| 2013 | 36.9% | CN¥539.72 Million | CN¥1.46 Billion | CN¥774.50 Million | CN¥234.77 Million | ▲ +3.6 pp |
| 2012 | 33.3% | CN¥436.55 Million | CN¥1.31 Billion | CN¥889.76 Million | CN¥453.21 Million | ▼ -2831.2 pp |
| 2011 | 2864.5% | CN¥-691.54 Million | CN¥-24.14 Million | CN¥663.10 Million | CN¥1.35 Billion | ▲ +3025.9 pp |
| 2010 | -161.4% | CN¥-569.19 Million | CN¥352.75 Million | CN¥669.58 Million | CN¥1.24 Billion | ▼ -39.5 pp |
| 2009 | -121.9% | CN¥-521.08 Million | CN¥427.50 Million | CN¥547.27 Million | CN¥1.07 Billion | ▼ -4.0 pp |
| 2008 | -117.9% | CN¥-508.41 Million | CN¥431.32 Million | CN¥703.19 Million | CN¥1.21 Billion | ▼ -78.6 pp |
| 2007 | -39.3% | CN¥-226.37 Million | CN¥575.99 Million | CN¥718.64 Million | CN¥945.01 Million | ▲ +6.9 pp |
| 2006 | -46.2% | CN¥-243.63 Million | CN¥527.00 Million | CN¥630.68 Million | CN¥874.31 Million | ▼ -24.3 pp |
| 2005 | -22.0% | CN¥-113.06 Million | CN¥514.72 Million | CN¥747.30 Million | CN¥860.36 Million | ▼ -35.4 pp |
| 2004 | 13.4% | CN¥65.80 Million | CN¥490.65 Million | CN¥793.22 Million | CN¥727.42 Million | ▼ -6.9 pp |
| 2003 | 20.3% | CN¥99.58 Million | CN¥490.34 Million | CN¥568.11 Million | CN¥468.53 Million | ▼ -5.6 pp |
| 2002 | 25.9% | CN¥126.68 Million | CN¥488.75 Million | CN¥609.90 Million | CN¥483.22 Million | ▼ -6.0 pp |
| 2001 | 32.0% | CN¥155.02 Million | CN¥485.03 Million | CN¥574.47 Million | CN¥419.46 Million | ▼ -2.3 pp |
| 2000 | 34.2% | CN¥181.11 Million | CN¥529.02 Million | CN¥572.51 Million | CN¥391.39 Million | ▼ -7.2 pp |
| 1999 | 41.5% | CN¥214.57 Million | CN¥517.55 Million | CN¥567.16 Million | CN¥352.59 Million | ▲ +11.5 pp |
| 1998 | 29.9% | CN¥99.45 Million | CN¥332.24 Million | CN¥405.92 Million | CN¥306.48 Million | ▲ +5.9 pp |
| 1997 | 24.0% | CN¥77.70 Million | CN¥323.39 Million | CN¥334.94 Million | CN¥257.23 Million | ▲ +14.4 pp |
| 1996 | 9.6% | CN¥20.66 Million | CN¥214.79 Million | CN¥246.21 Million | CN¥225.55 Million | ▼ -16.9 pp |
| 1995 | 26.5% | CN¥49.35 Million | CN¥186.08 Million | CN¥178.00 Million | CN¥128.65 Million | — |