Zhejiang Hangmin Co Ltd (600987) — Working Capital to Net Assets Ratio

Latest as of March 2026: 71.6%

Zhejiang Hangmin Co Ltd (600987) has a Working Capital to Net Assets ratio of 71.6% as of March 2026. Working capital of CN¥5.44 Billion (current assets of CN¥9.08 Billion minus current liabilities of CN¥3.64 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 Zhejiang Hangmin Co Ltd (600987) liquidity interval to measure how many days the company can operate on defensive assets alone.

WC/NA Ratio

71.6%
Working Capital / Net Assets

Working Capital

CN¥5.44 Billion
CNY

Current Assets

CN¥9.08 Billion
CNY

Current Liabilities

CN¥3.64 Billion
CNY

Zhejiang Hangmin Co Ltd Working Capital to Net Assets (2001–2025)

This chart shows how Zhejiang Hangmin 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 71.6%, reflecting working capital of CN¥5.44 Billion against net assets of CN¥7.60 Billion CNY. For the complete balance sheet picture, see Zhejiang Hangmin Co Ltd (600987) total assets.

Annual Working Capital to Net Assets for Zhejiang Hangmin Co Ltd (2001–2025)

The table below presents the year-by-year Working Capital to Net Assets ratio for Zhejiang Hangmin 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. Check 600987 cash and liquid asset ratio 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 70.4% CN¥5.27 Billion CN¥7.49 Billion CN¥8.97 Billion CN¥3.69 Billion ▲ +2.5 pp
2024 67.9% CN¥4.81 Billion CN¥7.09 Billion CN¥7.88 Billion CN¥3.07 Billion ▼ -0.8 pp
2023 68.7% CN¥4.70 Billion CN¥6.85 Billion CN¥6.67 Billion CN¥1.97 Billion ▲ +1.5 pp
2022 67.2% CN¥4.34 Billion CN¥6.46 Billion CN¥5.92 Billion CN¥1.58 Billion ▲ +2.0 pp
2021 65.1% CN¥3.96 Billion CN¥6.08 Billion CN¥5.60 Billion CN¥1.64 Billion ▲ +5.6 pp
2020 59.6% CN¥3.44 Billion CN¥5.77 Billion CN¥4.96 Billion CN¥1.52 Billion ▲ +0.5 pp
2019 59.1% CN¥3.18 Billion CN¥5.38 Billion CN¥4.73 Billion CN¥1.55 Billion ▲ +4.0 pp
2018 55.1% CN¥2.64 Billion CN¥4.79 Billion CN¥4.28 Billion CN¥1.64 Billion ▲ +6.4 pp
2017 48.7% CN¥1.94 Billion CN¥3.98 Billion CN¥2.71 Billion CN¥769.51 Million ▼ -1.0 pp
2016 49.6% CN¥1.75 Billion CN¥3.52 Billion CN¥2.41 Billion CN¥660.53 Million ▲ +4.8 pp
2015 44.9% CN¥1.39 Billion CN¥3.10 Billion CN¥2.23 Billion CN¥840.81 Million ▼ -2.2 pp
2014 47.1% CN¥1.28 Billion CN¥2.71 Billion CN¥2.08 Billion CN¥802.90 Million ▲ +2.4 pp
2013 44.7% CN¥1.05 Billion CN¥2.35 Billion CN¥1.51 Billion CN¥457.26 Million ▲ +6.4 pp
2012 38.2% CN¥774.86 Million CN¥2.03 Billion CN¥1.15 Billion CN¥377.45 Million ▲ +9.8 pp
2011 28.5% CN¥518.59 Million CN¥1.82 Billion CN¥946.02 Million CN¥427.42 Million ▼ -0.1 pp
2010 28.6% CN¥464.69 Million CN¥1.63 Billion CN¥874.33 Million CN¥409.64 Million ▲ +5.1 pp
2009 23.5% CN¥341.84 Million CN¥1.46 Billion CN¥711.87 Million CN¥370.03 Million ▼ -5.0 pp
2008 28.5% CN¥381.04 Million CN¥1.34 Billion CN¥643.37 Million CN¥262.34 Million ▲ +13.6 pp
2007 14.9% CN¥186.25 Million CN¥1.25 Billion CN¥476.21 Million CN¥289.96 Million ▲ +9.3 pp
2006 5.6% CN¥65.97 Million CN¥1.17 Billion CN¥519.48 Million CN¥453.51 Million ▼ -12.9 pp
2005 18.6% CN¥200.34 Million CN¥1.08 Billion CN¥564.21 Million CN¥363.87 Million ▼ -6.0 pp
2004 24.6% CN¥264.22 Million CN¥1.07 Billion CN¥627.14 Million CN¥362.92 Million ▲ +58.1 pp
2003 -33.4% CN¥-154.82 Million CN¥463.29 Million CN¥231.02 Million CN¥385.84 Million ▲ +12.3 pp
2002 -45.8% CN¥-171.88 Million CN¥375.65 Million CN¥240.14 Million CN¥412.02 Million ▲ +12.1 pp
2001 -57.9% CN¥-191.27 Million CN¥330.38 Million CN¥182.98 Million CN¥374.25 Million
pp = percentage points