China Merchants Energy Shipping Co Ltd Working Capital to Net Assets Ratio
China Merchants Energy Shipping Co Ltd working capital to net assets ratio. China Merchants Energy Shipping Co Ltd (601872) has a Working Capital to Net Assets ratio of -25.2% as of June 2025. Working capital of CN¥-10.37 Billion (current assets of CN¥13.31 Billion minus current liabilities of CN¥23.68 Billion) is measured against net assets of CN¥41.20 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check 601872 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of China Merchants Energy Shipping Co Ltd (2016–2024)
Working capital to net assets ratio of China Merchants Energy Shipping Co Ltd from 2016 to 2024. This chart shows how China Merchants Energy Shipping Co Ltd's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2016 to 2024. As of June 2025, the ratio stands at -25.2%, reflecting working capital of CN¥-10.37 Billion against net assets of CN¥41.20 Billion CNY. See 601872 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
China Merchants Energy Shipping Co Ltd Working Capital to Net Assets Ratio by Year (2016–2024)
China Merchants Energy Shipping Co Ltd working capital to net assets ratio by year from 2016 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for China Merchants Energy Shipping Co Ltd from 2016 to 2024, 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 the complete balance sheet picture, see 601872 current and non-current assets.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -17.5% | CN¥-7.13 Billion | CN¥40.85 Billion | CN¥10.35 Billion | CN¥17.49 Billion | ▼ -13.6 pp |
| 2023 | -3.9% | CN¥-1.44 Billion | CN¥37.34 Billion | CN¥11.08 Billion | CN¥12.53 Billion | ▼ -30.6 pp |
| 2022 | 26.7% | CN¥8.95 Billion | CN¥33.50 Billion | CN¥17.92 Billion | CN¥8.97 Billion | ▲ +18.4 pp |
| 2021 | 8.3% | CN¥2.23 Billion | CN¥26.88 Billion | CN¥16.73 Billion | CN¥14.50 Billion | ▼ -11.6 pp |
| 2020 | 19.9% | CN¥5.18 Billion | CN¥26.00 Billion | CN¥17.53 Billion | CN¥12.35 Billion | ▲ +26.2 pp |
| 2019 | -6.3% | CN¥-1.62 Billion | CN¥25.75 Billion | CN¥14.11 Billion | CN¥15.74 Billion | ▲ +29.3 pp |
| 2018 | -35.6% | CN¥-7.24 Billion | CN¥20.33 Billion | CN¥8.96 Billion | CN¥16.20 Billion | ▼ -36.9 pp |
| 2017 | 1.2% | CN¥238.18 Million | CN¥19.27 Billion | CN¥8.68 Billion | CN¥8.44 Billion | ▼ -19.7 pp |
| 2016 | 20.9% | CN¥4.38 Billion | CN¥20.97 Billion | CN¥8.41 Billion | CN¥4.03 Billion | — |