Yueyang Forest & Paper Co Ltd (600963) — Working Capital to Net Assets Ratio

Latest as of March 2026: 8.6%

Yueyang Forest & Paper Co Ltd (600963) has a Working Capital to Net Assets ratio of 8.6% as of March 2026. Working capital of CN¥650.90 Million (current assets of CN¥10.51 Billion minus current liabilities of CN¥9.86 Billion) is measured against net assets of CN¥7.60 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 600963 net asset quality index to measure how much of total assets are equity-financed.

WC/NA Ratio

8.6%
Working Capital / Net Assets

Working Capital

CN¥650.90 Million
CNY

Current Assets

CN¥10.51 Billion
CNY

Current Liabilities

CN¥9.86 Billion
CNY

Yueyang Forest & Paper Co Ltd Working Capital to Net Assets (2001–2025)

This chart shows how Yueyang Forest & Paper Co Ltd's Working Capital to Net Assets ratio has evolved across 25 annual periods from 2001 to 2025. As of March 2026, the ratio stands at 8.6%, reflecting working capital of CN¥650.90 Million against net assets of CN¥7.60 Billion CNY. Check Yueyang Forest & Paper Co Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.

Annual Working Capital to Net Assets for Yueyang Forest & Paper Co Ltd (2001–2025)

The table below presents the year-by-year Working Capital to Net Assets ratio for Yueyang Forest & Paper Co Ltd from 2001 to 2025, covering 25 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 market cap of Yueyang Forest & Paper Co Ltd.

Year WC/NA Ratio Working Capital (CNY) Net Assets Current Assets Current Liabilities Change (pp)
2025 8.7% CN¥666.42 Million CN¥7.67 Billion CN¥10.65 Billion CN¥9.99 Billion ▼ -1.9 pp
2024 10.6% CN¥839.27 Million CN¥7.94 Billion CN¥10.04 Billion CN¥9.20 Billion ▼ -31.8 pp
2023 42.3% CN¥3.70 Billion CN¥8.73 Billion CN¥9.28 Billion CN¥5.59 Billion ▼ -14.8 pp
2022 57.1% CN¥5.28 Billion CN¥9.24 Billion CN¥10.46 Billion CN¥5.18 Billion ▲ +10.0 pp
2021 47.1% CN¥4.15 Billion CN¥8.79 Billion CN¥10.05 Billion CN¥5.90 Billion ▼ -2.3 pp
2020 49.4% CN¥4.24 Billion CN¥8.58 Billion CN¥9.62 Billion CN¥5.38 Billion ▲ +3.7 pp
2019 45.8% CN¥3.79 Billion CN¥8.28 Billion CN¥9.53 Billion CN¥5.74 Billion ▲ +6.4 pp
2018 39.4% CN¥3.23 Billion CN¥8.19 Billion CN¥8.92 Billion CN¥5.69 Billion ▲ +6.4 pp
2017 33.0% CN¥2.59 Billion CN¥7.86 Billion CN¥9.35 Billion CN¥6.76 Billion ▲ +26.6 pp
2016 6.4% CN¥337.65 Million CN¥5.25 Billion CN¥7.45 Billion CN¥7.11 Billion ▲ +8.3 pp
2015 -1.9% CN¥-97.92 Million CN¥5.22 Billion CN¥7.43 Billion CN¥7.53 Billion ▲ +15.4 pp
2014 -17.3% CN¥-931.38 Million CN¥5.38 Billion CN¥7.41 Billion CN¥8.34 Billion ▲ +2.3 pp
2013 -19.6% CN¥-1.05 Billion CN¥5.37 Billion CN¥8.07 Billion CN¥9.12 Billion ▼ -9.4 pp
2012 -10.2% CN¥-547.17 Million CN¥5.35 Billion CN¥7.00 Billion CN¥7.55 Billion ▲ +9.3 pp
2011 -19.5% CN¥-887.38 Million CN¥4.54 Billion CN¥7.29 Billion CN¥8.18 Billion ▼ -46.8 pp
2010 27.3% CN¥1.25 Billion CN¥4.59 Billion CN¥5.86 Billion CN¥4.61 Billion ▲ +47.5 pp
2009 -20.2% CN¥-609.45 Million CN¥3.01 Billion CN¥3.82 Billion CN¥4.43 Billion ▼ -42.9 pp
2008 22.7% CN¥664.62 Million CN¥2.93 Billion CN¥3.65 Billion CN¥2.98 Billion ▼ -8.8 pp
2007 31.5% CN¥882.94 Million CN¥2.81 Billion CN¥3.44 Billion CN¥2.56 Billion ▲ +92.5 pp
2006 -61.1% CN¥-690.74 Million CN¥1.13 Billion CN¥1.10 Billion CN¥1.79 Billion ▼ -9.5 pp
2005 -51.5% CN¥-573.97 Million CN¥1.11 Billion CN¥894.80 Million CN¥1.47 Billion ▼ -70.9 pp
2004 19.4% CN¥185.36 Million CN¥955.07 Million CN¥1.17 Billion CN¥979.84 Million ▲ +14.2 pp
2003 5.2% CN¥14.83 Million CN¥284.49 Million CN¥467.73 Million CN¥452.90 Million ▼ -24.3 pp
2002 29.5% CN¥75.83 Million CN¥256.82 Million CN¥372.63 Million CN¥296.80 Million ▼ -2.3 pp
2001 31.9% CN¥69.45 Million CN¥217.90 Million CN¥269.59 Million CN¥200.14 Million —
pp = percentage points