China Railway Group Limited (601390) — Working Capital to Net Assets Ratio
China Railway Group Limited (601390) has a Working Capital to Net Assets ratio of -11.4% as of March 2026. Working capital of CN¥-62.22 Billion (current assets of CN¥1.28 Trillion minus current liabilities of CN¥1.34 Trillion) is measured against net assets of CN¥546.55 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 601390 net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
China Railway Group Limited Working Capital to Net Assets (2004–2025)
This chart shows how China Railway Group Limited's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2004 to 2025. As of March 2026, the ratio stands at -11.4%, reflecting working capital of CN¥-62.22 Billion against net assets of CN¥546.55 Billion CNY. Check tangible equity quality of China Railway Group Limited to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for China Railway Group Limited (2004–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for China Railway Group Limited from 2004 to 2025, covering 22 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 China Railway Group Limited.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -10.2% | CN¥-54.92 Billion | CN¥540.60 Billion | CN¥1.34 Trillion | CN¥1.39 Trillion | ▼ -7.8 pp |
| 2024 | -2.4% | CN¥-12.10 Billion | CN¥510.14 Billion | CN¥1.26 Trillion | CN¥1.28 Trillion | ▼ -1.3 pp |
| 2023 | -1.1% | CN¥-4.95 Billion | CN¥459.90 Billion | CN¥1.01 Trillion | CN¥1.01 Trillion | ▼ -7.0 pp |
| 2022 | 6.0% | CN¥25.19 Billion | CN¥423.06 Billion | CN¥898.57 Billion | CN¥873.37 Billion | ▲ +2.3 pp |
| 2021 | 3.6% | CN¥12.93 Billion | CN¥358.34 Billion | CN¥800.79 Billion | CN¥787.86 Billion | ▼ -8.1 pp |
| 2020 | 11.7% | CN¥36.64 Billion | CN¥313.19 Billion | CN¥741.79 Billion | CN¥705.14 Billion | ▼ -1.9 pp |
| 2019 | 13.6% | CN¥33.50 Billion | CN¥245.47 Billion | CN¥709.53 Billion | CN¥676.03 Billion | ▲ +0.5 pp |
| 2018 | 13.2% | CN¥29.22 Billion | CN¥222.14 Billion | CN¥651.68 Billion | CN¥622.46 Billion | ▼ -33.0 pp |
| 2017 | 46.2% | CN¥78.37 Billion | CN¥169.72 Billion | CN¥660.08 Billion | CN¥581.72 Billion | ▼ -13.0 pp |
| 2016 | 59.2% | CN¥88.30 Billion | CN¥149.16 Billion | CN¥594.91 Billion | CN¥506.60 Billion | ▼ -8.9 pp |
| 2015 | 68.1% | CN¥94.96 Billion | CN¥139.40 Billion | CN¥565.41 Billion | CN¥470.45 Billion | ▲ +0.1 pp |
| 2014 | 68.0% | CN¥74.16 Billion | CN¥109.06 Billion | CN¥545.30 Billion | CN¥471.14 Billion | ▼ -17.4 pp |
| 2013 | 85.4% | CN¥82.65 Billion | CN¥96.80 Billion | CN¥502.89 Billion | CN¥420.24 Billion | ▲ +8.0 pp |
| 2012 | 77.4% | CN¥68.54 Billion | CN¥88.56 Billion | CN¥434.66 Billion | CN¥366.12 Billion | ▲ +10.6 pp |
| 2011 | 66.8% | CN¥54.33 Billion | CN¥81.35 Billion | CN¥359.90 Billion | CN¥305.57 Billion | ▲ +20.7 pp |
| 2010 | 46.1% | CN¥34.07 Billion | CN¥73.89 Billion | CN¥298.47 Billion | CN¥264.40 Billion | ▲ +5.2 pp |
| 2009 | 40.9% | CN¥27.13 Billion | CN¥66.36 Billion | CN¥237.23 Billion | CN¥210.10 Billion | ▼ -2.9 pp |
| 2008 | 43.8% | CN¥26.75 Billion | CN¥61.09 Billion | CN¥192.30 Billion | CN¥165.55 Billion | ▼ -16.5 pp |
| 2007 | 60.3% | CN¥35.51 Billion | CN¥58.93 Billion | CN¥171.99 Billion | CN¥136.48 Billion | ▲ +69.6 pp |
| 2006 | -9.4% | CN¥-922.08 Million | CN¥9.85 Billion | CN¥117.76 Billion | CN¥118.68 Billion | ▼ -6.7 pp |
| 2005 | -2.7% | CN¥-225.90 Million | CN¥8.42 Billion | CN¥81.29 Billion | CN¥81.52 Billion | ▼ -16.1 pp |
| 2004 | 13.4% | CN¥968.46 Million | CN¥7.21 Billion | CN¥64.56 Billion | CN¥63.59 Billion | — |