Sichuan Expressway Co Ltd (601107) — Working Capital to Net Assets Ratio
Sichuan Expressway Co Ltd (601107) has a Working Capital to Net Assets ratio of -17.8% as of June 2026. Working capital of CN¥-3.92 Billion (current assets of CN¥3.04 Billion minus current liabilities of CN¥6.96 Billion) is measured against net assets of CN¥21.95 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 601107 days of operational coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Sichuan Expressway Co Ltd Working Capital to Net Assets (2002–2025)
This chart shows how Sichuan Expressway Co Ltd's Working Capital to Net Assets ratio has evolved across 24 annual periods from 2002 to 2025. As of June 2026, the ratio stands at -17.8%, reflecting working capital of CN¥-3.92 Billion against net assets of CN¥21.95 Billion CNY. For the complete balance sheet picture, see 601107 total assets.
Annual Working Capital to Net Assets for Sichuan Expressway Co Ltd (2002–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Sichuan Expressway Co Ltd from 2002 to 2025, covering 24 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 Sichuan Expressway Co Ltd 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 | 9.5% | CN¥2.01 Billion | CN¥21.25 Billion | CN¥5.72 Billion | CN¥3.71 Billion | ▲ +16.4 pp |
| 2024 | -7.0% | CN¥-1.36 Billion | CN¥19.50 Billion | CN¥4.08 Billion | CN¥5.44 Billion | ▲ +6.0 pp |
| 2023 | -13.0% | CN¥-2.16 Billion | CN¥16.67 Billion | CN¥4.13 Billion | CN¥6.29 Billion | ▼ -13.4 pp |
| 2022 | 0.4% | CN¥77.44 Million | CN¥18.72 Billion | CN¥3.97 Billion | CN¥3.89 Billion | ▼ -17.0 pp |
| 2021 | 17.4% | CN¥3.22 Billion | CN¥18.45 Billion | CN¥6.68 Billion | CN¥3.47 Billion | ▲ +19.0 pp |
| 2020 | -1.6% | CN¥-263.36 Million | CN¥16.53 Billion | CN¥8.61 Billion | CN¥8.87 Billion | ▼ -5.9 pp |
| 2019 | 4.3% | CN¥694.46 Million | CN¥16.15 Billion | CN¥7.85 Billion | CN¥7.15 Billion | ▼ -10.1 pp |
| 2018 | 14.4% | CN¥2.15 Billion | CN¥14.88 Billion | CN¥7.51 Billion | CN¥5.36 Billion | ▲ +11.5 pp |
| 2017 | 3.0% | CN¥423.94 Million | CN¥14.28 Billion | CN¥6.05 Billion | CN¥5.62 Billion | ▼ -7.8 pp |
| 2016 | 10.8% | CN¥1.50 Billion | CN¥13.88 Billion | CN¥8.68 Billion | CN¥7.18 Billion | ▼ -3.6 pp |
| 2015 | 14.4% | CN¥1.92 Billion | CN¥13.30 Billion | CN¥7.18 Billion | CN¥5.26 Billion | ▼ -2.3 pp |
| 2014 | 16.7% | CN¥2.07 Billion | CN¥12.37 Billion | CN¥7.40 Billion | CN¥5.34 Billion | ▲ +3.1 pp |
| 2013 | 13.6% | CN¥1.57 Billion | CN¥11.53 Billion | CN¥5.29 Billion | CN¥3.73 Billion | ▲ +17.7 pp |
| 2012 | -4.1% | CN¥-430.51 Million | CN¥10.45 Billion | CN¥2.34 Billion | CN¥2.77 Billion | ▲ +12.3 pp |
| 2011 | -16.4% | CN¥-1.56 Billion | CN¥9.51 Billion | CN¥2.59 Billion | CN¥4.15 Billion | ▼ -13.0 pp |
| 2010 | -3.4% | CN¥-287.16 Million | CN¥8.42 Billion | CN¥1.79 Billion | CN¥2.08 Billion | ▲ +1.8 pp |
| 2009 | -5.2% | CN¥-386.94 Million | CN¥7.45 Billion | CN¥2.27 Billion | CN¥2.66 Billion | ▲ +4.1 pp |
| 2008 | -9.3% | CN¥-549.04 Million | CN¥5.90 Billion | CN¥1.31 Billion | CN¥1.86 Billion | ▲ +10.3 pp |
| 2007 | -19.6% | CN¥-1.05 Billion | CN¥5.36 Billion | CN¥828.72 Million | CN¥1.88 Billion | ▲ +7.3 pp |
| 2006 | -27.0% | CN¥-1.37 Billion | CN¥5.07 Billion | CN¥619.69 Million | CN¥1.99 Billion | ▼ -30.7 pp |
| 2005 | 3.7% | CN¥193.35 Million | CN¥5.21 Billion | CN¥897.65 Million | CN¥704.31 Million | ▼ -3.7 pp |
| 2004 | 7.4% | CN¥378.14 Million | CN¥5.08 Billion | CN¥931.47 Million | CN¥553.34 Million | ▲ +4.7 pp |
| 2003 | 2.8% | CN¥139.84 Million | CN¥5.07 Billion | CN¥878.52 Million | CN¥738.68 Million | ▲ +19.3 pp |
| 2002 | -16.6% | CN¥-838.50 Million | CN¥5.06 Billion | CN¥604.78 Million | CN¥1.44 Billion | — |