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 FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
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. See Zheshang Securities Co Ltd (601878) liquidity interval to measure how many days the company can operate on defensive assets alone.
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 (601878) total market value.
| 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 | — |