Zhongtai Securities Co Ltd (600918) — Working Capital to Net Assets Ratio
Zhongtai Securities Co Ltd (600918) has a Working Capital to Net Assets ratio of 107.7% as of June 2025. Working capital of CN¥49.06 Billion (current assets of CN¥134.61 Billion minus current liabilities of CN¥85.55 Billion) is measured against net assets of CN¥45.55 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Zhongtai Securities Co Ltd free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Zhongtai Securities Co Ltd Working Capital to Net Assets (2005–2024)
This chart shows how Zhongtai Securities Co Ltd's Working Capital to Net Assets ratio has evolved across 20 annual periods from 2005 to 2024. As of June 2025, the ratio stands at 107.7%, reflecting working capital of CN¥49.06 Billion against net assets of CN¥45.55 Billion CNY. See 600918 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Zhongtai Securities Co Ltd (2005–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Zhongtai Securities Co Ltd from 2005 to 2024, covering 20 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 Zhongtai Securities Co Ltd market capitalisation.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 117.2% | CN¥53.06 Billion | CN¥45.26 Billion | CN¥133.68 Billion | CN¥80.62 Billion | ▼ -4.5 pp |
| 2023 | 121.7% | CN¥51.51 Billion | CN¥42.33 Billion | CN¥106.83 Billion | CN¥55.32 Billion | ▼ -92.4 pp |
| 2022 | 214.1% | CN¥84.91 Billion | CN¥39.67 Billion | CN¥87.89 Billion | CN¥2.98 Billion | ▼ -1.5 pp |
| 2021 | 215.5% | CN¥80.09 Billion | CN¥37.16 Billion | CN¥83.50 Billion | CN¥3.42 Billion | ▲ +21.0 pp |
| 2020 | 194.5% | CN¥66.96 Billion | CN¥34.43 Billion | CN¥68.87 Billion | CN¥1.91 Billion | ▲ +38.9 pp |
| 2019 | 155.6% | CN¥54.47 Billion | CN¥35.01 Billion | CN¥54.85 Billion | CN¥372.94 Million | ▲ +19.8 pp |
| 2018 | 135.8% | CN¥44.48 Billion | CN¥32.76 Billion | CN¥45.81 Billion | CN¥1.32 Billion | ▼ -29.4 pp |
| 2017 | 165.2% | CN¥56.38 Billion | CN¥34.14 Billion | CN¥57.51 Billion | CN¥1.13 Billion | ▼ -27.0 pp |
| 2016 | 192.1% | CN¥63.01 Billion | CN¥32.80 Billion | CN¥64.18 Billion | CN¥1.17 Billion | ▲ +95.5 pp |
| 2015 | 96.6% | CN¥31.10 Billion | CN¥32.19 Billion | CN¥32.20 Billion | CN¥1.10 Billion | ▼ -71.9 pp |
| 2014 | 168.5% | CN¥24.49 Billion | CN¥14.53 Billion | CN¥24.93 Billion | CN¥439.93 Million | ▲ +104.4 pp |
| 2013 | 64.2% | CN¥7.70 Billion | CN¥12.00 Billion | CN¥7.87 Billion | CN¥167.26 Million | ▲ +51.9 pp |
| 2012 | 12.3% | CN¥1.42 Billion | CN¥11.56 Billion | CN¥1.47 Billion | CN¥51.89 Million | ▼ -156.4 pp |
| 2011 | 168.7% | CN¥18.76 Billion | CN¥11.12 Billion | CN¥18.76 Billion | CN¥9.20 Million | ▼ -111.1 pp |
| 2010 | 279.8% | CN¥30.11 Billion | CN¥10.76 Billion | CN¥30.11 Billion | CN¥3.42 Million | ▲ +7.1 pp |
| 2009 | 272.7% | CN¥29.99 Billion | CN¥11.00 Billion | CN¥29.99 Billion | CN¥7.53 Million | ▲ +62.5 pp |
| 2008 | 210.1% | CN¥19.59 Billion | CN¥9.32 Billion | CN¥19.59 Billion | CN¥3.07 Million | ▼ -334.9 pp |
| 2007 | 545.0% | CN¥23.59 Billion | CN¥4.33 Billion | CN¥23.59 Billion | CN¥701.77K | ▲ +373.8 pp |
| 2006 | 171.2% | CN¥3.53 Billion | CN¥2.06 Billion | CN¥3.60 Billion | CN¥71.74 Million | ▲ +9.8 pp |
| 2005 | 161.4% | CN¥906.44 Million | CN¥561.69 Million | CN¥925.12 Million | CN¥18.67 Million | — |