Industrial and Commercial Bank of China Ltd (601398) — Working Capital to Net Assets Ratio
Industrial and Commercial Bank of China Ltd (601398) has a Working Capital to Net Assets ratio of -1080.4% as of September 2025. Working capital of CN¥-42.83 Trillion (current assets of CN¥3.43 Trillion minus current liabilities of CN¥46.26 Trillion) is measured against net assets of CN¥3.96 Trillion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 601398 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
Industrial and Commercial Bank of China Ltd Working Capital to Net Assets (2015–2025)
This chart shows how Industrial and Commercial Bank of China Ltd's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2015 to 2025. As of September 2025, the ratio stands at -1080.4%, reflecting working capital of CN¥-42.83 Trillion against net assets of CN¥3.96 Trillion CNY. See 601398 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Industrial and Commercial Bank of China Ltd (2015–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Industrial and Commercial Bank of China Ltd from 2015 to 2025, covering 11 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 Industrial and Commercial Bank of China (601398) total market value.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 23.8% | CN¥950.99 Billion | CN¥4.00 Trillion | CN¥4.94 Trillion | CN¥3.99 Trillion | ▲ +881.1 pp |
| 2024 | -857.3% | CN¥-34.18 Trillion | CN¥3.99 Trillion | CN¥4.75 Trillion | CN¥38.93 Trillion | ▼ -33.1 pp |
| 2023 | -824.2% | CN¥-31.13 Trillion | CN¥3.78 Trillion | CN¥5.30 Trillion | CN¥36.43 Trillion | ▼ -31.8 pp |
| 2022 | -792.4% | CN¥-27.86 Trillion | CN¥3.52 Trillion | CN¥4.74 Trillion | CN¥32.60 Trillion | ▼ -36.1 pp |
| 2021 | -756.2% | CN¥-24.77 Trillion | CN¥3.28 Trillion | CN¥4.19 Trillion | CN¥28.96 Trillion | ▲ +81.8 pp |
| 2020 | -838.1% | CN¥-24.38 Trillion | CN¥2.91 Trillion | CN¥4.90 Trillion | CN¥29.28 Trillion | ▼ -39.8 pp |
| 2019 | -798.3% | CN¥-21.49 Trillion | CN¥2.69 Trillion | CN¥4.60 Trillion | CN¥26.09 Trillion | ▲ +44.4 pp |
| 2018 | -842.8% | CN¥-19.76 Trillion | CN¥2.34 Trillion | CN¥4.52 Trillion | CN¥24.28 Trillion | ▼ -0.4 pp |
| 2017 | -842.3% | CN¥-18.03 Trillion | CN¥2.14 Trillion | CN¥4.98 Trillion | CN¥23.01 Trillion | ▲ +156.1 pp |
| 2016 | -998.4% | CN¥-19.78 Trillion | CN¥1.98 Trillion | CN¥1.31 Trillion | CN¥21.09 Trillion | ▲ +22.2 pp |
| 2015 | -1020.6% | CN¥-18.38 Trillion | CN¥1.80 Trillion | CN¥1.15 Trillion | CN¥19.53 Trillion | — |