Shandong Yulong Gold Co Ltd (601028) — Working Capital to Net Assets Ratio
Shandong Yulong Gold Co Ltd (601028) has a Working Capital to Net Assets ratio of 70.6% as of September 2024. Working capital of CN¥2.55 Billion (current assets of CN¥8.03 Billion minus current liabilities of CN¥5.48 Billion) is measured against net assets of CN¥3.62 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 601028 financial 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
Shandong Yulong Gold Co Ltd Working Capital to Net Assets (2015–2023)
This chart shows how Shandong Yulong Gold Co Ltd's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2015 to 2023. As of September 2024, the ratio stands at 70.6%, reflecting working capital of CN¥2.55 Billion against net assets of CN¥3.62 Billion CNY. See Shandong Yulong Gold Co Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Shandong Yulong Gold Co Ltd (2015–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Shandong Yulong Gold Co Ltd from 2015 to 2023, covering 9 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 Shandong Yulong Gold Co Ltd worth.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 77.4% | CN¥2.65 Billion | CN¥3.42 Billion | CN¥8.22 Billion | CN¥5.57 Billion | ▼ -11.1 pp |
| 2022 | 88.5% | CN¥2.56 Billion | CN¥2.90 Billion | CN¥4.75 Billion | CN¥2.19 Billion | ▼ -11.0 pp |
| 2021 | 99.5% | CN¥2.65 Billion | CN¥2.66 Billion | CN¥3.63 Billion | CN¥981.98 Million | ▼ -0.1 pp |
| 2020 | 99.6% | CN¥2.30 Billion | CN¥2.30 Billion | CN¥3.70 Billion | CN¥1.41 Billion | ▼ -0.1 pp |
| 2019 | 99.7% | CN¥2.06 Billion | CN¥2.07 Billion | CN¥2.21 Billion | CN¥149.52 Million | ▲ +35.5 pp |
| 2018 | 64.3% | CN¥1.55 Billion | CN¥2.41 Billion | CN¥1.95 Billion | CN¥405.98 Million | ▼ -32.4 pp |
| 2017 | 96.7% | CN¥1.96 Billion | CN¥2.03 Billion | CN¥2.49 Billion | CN¥534.60 Million | ▲ +26.0 pp |
| 2016 | 70.7% | CN¥1.38 Billion | CN¥1.95 Billion | CN¥2.52 Billion | CN¥1.14 Billion | ▲ +12.2 pp |
| 2015 | 58.5% | CN¥1.56 Billion | CN¥2.66 Billion | CN¥2.13 Billion | CN¥577.31 Million | — |