Zheshang Securities Co Ltd (601878) — Working Capital to Net Assets Ratio
Zheshang Securities Co Ltd (601878) has a Working Capital to Net Assets ratio of -0.8% as of September 2025. Working capital of CN¥-398.35 Million (current assets of CN¥48.80 Billion minus current liabilities of CN¥49.20 Billion) is measured against net assets of CN¥46.99 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 601878 net asset quality score to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Zheshang Securities Co Ltd Working Capital to Net Assets (2007–2024)
This chart shows how Zheshang Securities Co Ltd's Working Capital to Net Assets ratio has evolved across 18 annual periods from 2007 to 2024. As of September 2025, the ratio stands at -0.8%, reflecting working capital of CN¥-398.35 Million against net assets of CN¥46.99 Billion CNY. Check tangible equity quality of Zheshang Securities Co Ltd to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Zheshang Securities Co Ltd (2007–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Zheshang Securities Co Ltd from 2007 to 2024, covering 18 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 Zheshang Securities Co Ltd market capitalisation.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 148.6% | CN¥54.29 Billion | CN¥36.52 Billion | CN¥85.32 Billion | CN¥31.03 Billion | ▼ -9.2 pp |
| 2023 | 157.9% | CN¥44.63 Billion | CN¥28.27 Billion | CN¥77.17 Billion | CN¥32.54 Billion | ▼ -130.1 pp |
| 2022 | 288.0% | CN¥78.64 Billion | CN¥27.31 Billion | CN¥78.83 Billion | CN¥190.43 Million | ▲ +4.6 pp |
| 2021 | 283.4% | CN¥67.54 Billion | CN¥23.84 Billion | CN¥67.92 Billion | CN¥372.14 Million | ▲ +31.0 pp |
| 2020 | 252.4% | CN¥48.83 Billion | CN¥19.35 Billion | CN¥48.94 Billion | CN¥109.02 Million | ▲ +16.9 pp |
| 2019 | 235.5% | CN¥34.98 Billion | CN¥14.86 Billion | CN¥35.02 Billion | CN¥45.58 Million | ▲ +48.3 pp |
| 2018 | 187.2% | CN¥25.57 Billion | CN¥13.66 Billion | CN¥25.87 Billion | CN¥297.59 Million | ▲ +89.7 pp |
| 2017 | 97.5% | CN¥13.17 Billion | CN¥13.51 Billion | CN¥13.51 Billion | CN¥344.22 Million | ▼ -69.0 pp |
| 2016 | 166.4% | CN¥15.92 Billion | CN¥9.57 Billion | CN¥16.21 Billion | CN¥286.67 Million | ▼ -35.2 pp |
| 2015 | 201.6% | CN¥17.04 Billion | CN¥8.45 Billion | CN¥17.45 Billion | CN¥416.86 Million | ▼ -40.0 pp |
| 2014 | 241.6% | CN¥15.84 Billion | CN¥6.56 Billion | CN¥15.93 Billion | CN¥85.01 Million | ▲ +132.8 pp |
| 2013 | 108.8% | CN¥6.26 Billion | CN¥5.75 Billion | CN¥6.28 Billion | CN¥15.34 Million | ▲ +52.1 pp |
| 2012 | 56.7% | CN¥3.03 Billion | CN¥5.35 Billion | CN¥3.03 Billion | CN¥1.89 Million | ▼ -147.3 pp |
| 2011 | 204.0% | CN¥10.56 Billion | CN¥5.18 Billion | CN¥10.56 Billion | CN¥4.51 Million | ▼ -206.1 pp |
| 2010 | 410.2% | CN¥15.64 Billion | CN¥3.81 Billion | CN¥15.64 Billion | CN¥45.61K | ▼ -33.5 pp |
| 2009 | 443.6% | CN¥14.21 Billion | CN¥3.20 Billion | CN¥14.21 Billion | CN¥45.64K | ▲ +161.6 pp |
| 2008 | 282.1% | CN¥8.08 Billion | CN¥2.86 Billion | CN¥8.08 Billion | CN¥45.61K | ▼ -39.7 pp |
| 2007 | 321.7% | CN¥9.51 Billion | CN¥2.96 Billion | CN¥9.51 Billion | CN¥45.61K | — |