Founder Securities Co Ltd (601901) — Working Capital to Net Assets Ratio
Founder Securities Co Ltd (601901) has a Working Capital to Net Assets ratio of 15.0% as of September 2025. Working capital of CN¥7.65 Billion (current assets of CN¥61.45 Billion minus current liabilities of CN¥53.80 Billion) is measured against net assets of CN¥51.04 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 601901 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Founder Securities Co Ltd Working Capital to Net Assets (2005–2024)
This chart shows how Founder Securities Co Ltd's Working Capital to Net Assets ratio has evolved across 19 annual periods from 2005 to 2024. As of September 2025, the ratio stands at 15.0%, reflecting working capital of CN¥7.65 Billion against net assets of CN¥51.04 Billion CNY. For the complete balance sheet picture, see Founder Securities Co Ltd balance sheet assets.
Annual Working Capital to Net Assets for Founder Securities Co Ltd (2005–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Founder Securities Co Ltd from 2005 to 2024, covering 19 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. Check 601901 financial resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 97.9% | CN¥47.97 Billion | CN¥48.98 Billion | CN¥123.60 Billion | CN¥75.63 Billion | ▼ -4.0 pp |
| 2023 | 101.9% | CN¥46.96 Billion | CN¥46.09 Billion | CN¥101.09 Billion | CN¥54.13 Billion | ▲ +18.1 pp |
| 2022 | 83.8% | CN¥36.76 Billion | CN¥43.88 Billion | CN¥91.29 Billion | CN¥54.53 Billion | ▼ -13.0 pp |
| 2021 | 96.7% | CN¥40.76 Billion | CN¥42.14 Billion | CN¥91.51 Billion | CN¥50.74 Billion | ▲ +24.6 pp |
| 2020 | 72.2% | CN¥29.13 Billion | CN¥40.36 Billion | CN¥72.84 Billion | CN¥43.72 Billion | ▲ +21.9 pp |
| 2019 | 50.3% | CN¥19.86 Billion | CN¥39.48 Billion | CN¥65.51 Billion | CN¥45.66 Billion | ▲ +23.0 pp |
| 2018 | 27.3% | CN¥10.53 Billion | CN¥38.52 Billion | CN¥56.07 Billion | CN¥45.54 Billion | ▼ -18.7 pp |
| 2017 | 46.0% | CN¥17.57 Billion | CN¥38.20 Billion | CN¥66.95 Billion | CN¥49.37 Billion | ▼ -20.4 pp |
| 2016 | 66.4% | CN¥24.02 Billion | CN¥36.20 Billion | CN¥70.27 Billion | CN¥46.25 Billion | ▼ -53.7 pp |
| 2015 | 120.1% | CN¥42.66 Billion | CN¥35.52 Billion | CN¥98.75 Billion | CN¥56.09 Billion | ▲ +45.8 pp |
| 2014 | 74.3% | CN¥22.89 Billion | CN¥30.80 Billion | CN¥52.22 Billion | CN¥29.33 Billion | ▲ +7.8 pp |
| 2013 | 66.6% | CN¥10.60 Billion | CN¥15.92 Billion | CN¥23.55 Billion | CN¥12.96 Billion | ▲ +31.7 pp |
| 2012 | 34.9% | CN¥5.17 Billion | CN¥14.82 Billion | CN¥16.70 Billion | CN¥11.53 Billion | ▼ -29.7 pp |
| 2011 | 64.6% | CN¥9.41 Billion | CN¥14.58 Billion | CN¥19.26 Billion | CN¥9.85 Billion | ▼ -7.5 pp |
| 2010 | 72.1% | CN¥6.46 Billion | CN¥8.96 Billion | CN¥23.50 Billion | CN¥17.04 Billion | ▼ -32.5 pp |
| 2009 | 104.6% | CN¥8.01 Billion | CN¥7.66 Billion | CN¥27.24 Billion | CN¥19.23 Billion | ▼ -1.2 pp |
| 2008 | 105.7% | CN¥6.62 Billion | CN¥6.26 Billion | CN¥16.26 Billion | CN¥9.64 Billion | ▲ +18.9 pp |
| 2006 | 86.8% | CN¥553.67 Million | CN¥637.57 Million | CN¥3.83 Billion | CN¥3.27 Billion | ▲ +62.5 pp |
| 2005 | 24.3% | CN¥93.74 Million | CN¥385.31 Million | CN¥1.24 Billion | CN¥1.15 Billion | — |