Hubei Zhenhua Chemical Co Ltd (603067) — Working Capital to Net Assets Ratio
Hubei Zhenhua Chemical Co Ltd (603067) has a Working Capital to Net Assets ratio of 41.5% as of June 2025. Working capital of CN¥1.40 Billion (current assets of CN¥2.38 Billion minus current liabilities of CN¥973.21 Million) is measured against net assets of CN¥3.38 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See defensive interval ratio of Hubei Zhenhua Chemical Co Ltd to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Hubei Zhenhua Chemical Co Ltd Working Capital to Net Assets (2015–2024)
This chart shows how Hubei Zhenhua Chemical Co Ltd's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2015 to 2024. As of June 2025, the ratio stands at 41.5%, reflecting working capital of CN¥1.40 Billion against net assets of CN¥3.38 Billion CNY. For the complete balance sheet picture, see Hubei Zhenhua Chemical Co Ltd assets under control.
Annual Working Capital to Net Assets for Hubei Zhenhua Chemical Co Ltd (2015–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Hubei Zhenhua Chemical Co Ltd from 2015 to 2024, covering 10 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 Hubei Zhenhua Chemical Co Ltd asset resilience ratio 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 | 47.8% | CN¥1.53 Billion | CN¥3.21 Billion | CN¥2.32 Billion | CN¥783.47 Million | ▲ +7.6 pp |
| 2023 | 40.2% | CN¥1.15 Billion | CN¥2.87 Billion | CN¥1.80 Billion | CN¥643.20 Million | ▲ +7.7 pp |
| 2022 | 32.5% | CN¥830.41 Million | CN¥2.56 Billion | CN¥1.85 Billion | CN¥1.02 Billion | ▼ -0.8 pp |
| 2021 | 33.3% | CN¥721.92 Million | CN¥2.17 Billion | CN¥1.49 Billion | CN¥766.92 Million | ▼ -42.0 pp |
| 2020 | 75.3% | CN¥1.09 Billion | CN¥1.45 Billion | CN¥1.27 Billion | CN¥182.48 Million | ▲ +22.6 pp |
| 2019 | 52.6% | CN¥705.19 Million | CN¥1.34 Billion | CN¥827.91 Million | CN¥122.72 Million | ▼ -0.7 pp |
| 2018 | 53.4% | CN¥661.27 Million | CN¥1.24 Billion | CN¥758.12 Million | CN¥96.85 Million | ▲ +6.0 pp |
| 2017 | 47.3% | CN¥530.01 Million | CN¥1.12 Billion | CN¥625.20 Million | CN¥95.19 Million | ▲ +3.9 pp |
| 2016 | 43.5% | CN¥454.33 Million | CN¥1.05 Billion | CN¥542.52 Million | CN¥88.19 Million | ▲ +30.8 pp |
| 2015 | 12.7% | CN¥84.14 Million | CN¥663.77 Million | CN¥367.61 Million | CN¥283.47 Million | — |