Shandong Shida Shenghua Chem (603026) — Working Capital to Net Assets Ratio
Shandong Shida Shenghua Chem (603026) has a Working Capital to Net Assets ratio of 20.6% as of September 2025. Working capital of CN¥1.07 Billion (current assets of CN¥4.90 Billion minus current liabilities of CN¥3.83 Billion) is measured against net assets of CN¥5.20 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See net asset quality index of Shandong Shida Shenghua Chem to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Shandong Shida Shenghua Chem Working Capital to Net Assets (2010–2024)
This chart shows how Shandong Shida Shenghua Chem's Working Capital to Net Assets ratio has evolved across 15 annual periods from 2010 to 2024. As of September 2025, the ratio stands at 20.6%, reflecting working capital of CN¥1.07 Billion against net assets of CN¥5.20 Billion CNY. Check tangible net worth ratio of Shandong Shida Shenghua Chem to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Shandong Shida Shenghua Chem (2010–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Shandong Shida Shenghua Chem from 2010 to 2024, covering 15 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 Shandong Shida Shenghua Chem (603026) market capitalisation.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 5.3% | CN¥231.14 Million | CN¥4.32 Billion | CN¥3.95 Billion | CN¥3.72 Billion | ▲ +9.3 pp |
| 2023 | -3.9% | CN¥-171.25 Million | CN¥4.39 Billion | CN¥2.09 Billion | CN¥2.26 Billion | ▼ -37.5 pp |
| 2022 | 33.6% | CN¥1.50 Billion | CN¥4.45 Billion | CN¥3.21 Billion | CN¥1.72 Billion | ▼ -18.1 pp |
| 2021 | 51.7% | CN¥1.85 Billion | CN¥3.58 Billion | CN¥2.82 Billion | CN¥967.91 Million | ▲ +8.6 pp |
| 2020 | 43.1% | CN¥987.41 Million | CN¥2.29 Billion | CN¥1.90 Billion | CN¥911.78 Million | ▲ +12.2 pp |
| 2019 | 30.9% | CN¥616.34 Million | CN¥1.99 Billion | CN¥1.80 Billion | CN¥1.18 Billion | ▼ -2.8 pp |
| 2018 | 33.7% | CN¥574.63 Million | CN¥1.71 Billion | CN¥1.50 Billion | CN¥921.57 Million | ▲ +15.5 pp |
| 2017 | 18.2% | CN¥303.71 Million | CN¥1.67 Billion | CN¥1.26 Billion | CN¥953.56 Million | ▲ +10.2 pp |
| 2016 | 8.0% | CN¥128.33 Million | CN¥1.60 Billion | CN¥727.49 Million | CN¥599.16 Million | ▲ +14.1 pp |
| 2015 | -6.0% | CN¥-84.77 Million | CN¥1.41 Billion | CN¥641.72 Million | CN¥726.50 Million | ▲ +25.2 pp |
| 2014 | -31.2% | CN¥-324.58 Million | CN¥1.04 Billion | CN¥714.20 Million | CN¥1.04 Billion | ▼ -18.2 pp |
| 2013 | -13.1% | CN¥-127.65 Million | CN¥978.12 Million | CN¥825.39 Million | CN¥953.04 Million | ▲ +16.0 pp |
| 2012 | -29.0% | CN¥-249.96 Million | CN¥861.83 Million | CN¥962.90 Million | CN¥1.21 Billion | ▲ +23.5 pp |
| 2011 | -52.5% | CN¥-392.52 Million | CN¥746.97 Million | CN¥713.00 Million | CN¥1.11 Billion | ▼ -64.5 pp |
| 2010 | 11.9% | CN¥72.36 Million | CN¥605.48 Million | CN¥625.23 Million | CN¥552.88 Million | — |