Industrial Securities Co Ltd (601377) — Working Capital to Net Assets Ratio
Industrial Securities Co Ltd (601377) has a Working Capital to Net Assets ratio of -118.5% as of December 2025. Working capital of CN¥-72.27 Billion (current assets of CN¥61.27 Billion minus current liabilities of CN¥133.54 Billion) is measured against net assets of CN¥60.99 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 601377 free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Industrial Securities Co Ltd Working Capital to Net Assets (2007–2025)
This chart shows how Industrial Securities Co Ltd's Working Capital to Net Assets ratio has evolved across 19 annual periods from 2007 to 2025. As of December 2025, the ratio stands at -118.5%, reflecting working capital of CN¥-72.27 Billion against net assets of CN¥60.99 Billion CNY. See defensive interval ratio of Industrial Securities Co Ltd to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Industrial Securities Co Ltd (2007–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Industrial Securities Co Ltd from 2007 to 2025, covering 19 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 Industrial Securities Co Ltd.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -118.5% | CN¥-72.27 Billion | CN¥60.99 Billion | CN¥61.27 Billion | CN¥133.54 Billion | ▼ -182.0 pp |
| 2024 | 63.5% | CN¥39.95 Billion | CN¥62.92 Billion | CN¥135.24 Billion | CN¥95.28 Billion | ▲ +6.3 pp |
| 2023 | 57.2% | CN¥34.89 Billion | CN¥60.97 Billion | CN¥122.09 Billion | CN¥87.20 Billion | ▼ -13.6 pp |
| 2022 | 70.8% | CN¥40.24 Billion | CN¥56.84 Billion | CN¥130.10 Billion | CN¥89.86 Billion | ▼ -40.4 pp |
| 2021 | 111.2% | CN¥50.43 Billion | CN¥45.36 Billion | CN¥118.80 Billion | CN¥68.36 Billion | ▼ -1.9 pp |
| 2020 | 113.1% | CN¥46.18 Billion | CN¥40.84 Billion | CN¥96.13 Billion | CN¥49.96 Billion | ▲ +2.7 pp |
| 2019 | 110.4% | CN¥40.87 Billion | CN¥37.02 Billion | CN¥81.60 Billion | CN¥40.73 Billion | ▲ +36.0 pp |
| 2018 | 74.4% | CN¥26.38 Billion | CN¥35.44 Billion | CN¥56.36 Billion | CN¥29.99 Billion | ▲ +7.7 pp |
| 2017 | 66.7% | CN¥23.94 Billion | CN¥35.88 Billion | CN¥50.29 Billion | CN¥26.35 Billion | ▲ +9.6 pp |
| 2016 | 57.1% | CN¥19.58 Billion | CN¥34.30 Billion | CN¥58.10 Billion | CN¥38.51 Billion | ▼ -68.1 pp |
| 2015 | 125.2% | CN¥24.15 Billion | CN¥19.29 Billion | CN¥61.98 Billion | CN¥37.84 Billion | ▲ +0.6 pp |
| 2014 | 124.6% | CN¥18.97 Billion | CN¥15.23 Billion | CN¥42.38 Billion | CN¥23.42 Billion | ▲ +76.0 pp |
| 2013 | 48.6% | CN¥6.53 Billion | CN¥13.43 Billion | CN¥16.57 Billion | CN¥10.04 Billion | ▲ +14.3 pp |
| 2012 | 34.2% | CN¥3.11 Billion | CN¥9.07 Billion | CN¥12.28 Billion | CN¥9.17 Billion | ▼ -5.1 pp |
| 2011 | 39.4% | CN¥3.45 Billion | CN¥8.77 Billion | CN¥3.45 Billion | CN¥3.45 Million | ▼ -222.8 pp |
| 2010 | 262.2% | CN¥22.93 Billion | CN¥8.75 Billion | CN¥22.93 Billion | CN¥2.70 Million | ▲ +214.9 pp |
| 2009 | 47.2% | CN¥2.53 Billion | CN¥5.35 Billion | CN¥21.00 Billion | CN¥18.48 Billion | ▼ -216.4 pp |
| 2008 | 263.6% | CN¥11.23 Billion | CN¥4.26 Billion | CN¥11.23 Billion | CN¥936.35K | ▼ -179.2 pp |
| 2007 | 442.8% | CN¥17.63 Billion | CN¥3.98 Billion | CN¥17.64 Billion | CN¥3.51 Million | — |