Shandong Daye Co Ltd Class A Working Capital to Net Assets Ratio
Shandong Daye Co Ltd Class A working capital to net assets ratio. Shandong Daye Co Ltd Class A (603278) has a Working Capital to Net Assets ratio of -33.4% as of September 2025. Working capital of CN¥-670.22 Million (current assets of CN¥3.86 Billion minus current liabilities of CN¥4.53 Billion) is measured against net assets of CN¥2.01 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check 603278 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Shandong Daye Co Ltd Class A (2013–2024)
Working capital to net assets ratio of Shandong Daye Co Ltd Class A from 2013 to 2024. This chart shows how Shandong Daye Co Ltd Class A's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2013 to 2024. As of September 2025, the ratio stands at -33.4%, reflecting working capital of CN¥-670.22 Million against net assets of CN¥2.01 Billion CNY. See operational self-sufficiency of Shandong Daye Co Ltd Class A to measure how many days the company can operate on defensive assets alone.
Shandong Daye Co Ltd Class A Working Capital to Net Assets Ratio by Year (2013–2024)
Shandong Daye Co Ltd Class A working capital to net assets ratio by year from 2013 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Shandong Daye Co Ltd Class A from 2013 to 2024, covering 12 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 the complete balance sheet picture, see Shandong Daye Co Ltd Class A total assets.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 1.3% | CN¥32.09 Million | CN¥2.43 Billion | CN¥4.01 Billion | CN¥3.97 Billion | ▲ +11.5 pp |
| 2023 | -10.1% | CN¥-264.77 Million | CN¥2.61 Billion | CN¥3.63 Billion | CN¥3.90 Billion | ▲ +3.7 pp |
| 2022 | -13.8% | CN¥-282.91 Million | CN¥2.05 Billion | CN¥3.60 Billion | CN¥3.88 Billion | ▲ +2.2 pp |
| 2021 | -16.0% | CN¥-295.47 Million | CN¥1.84 Billion | CN¥3.66 Billion | CN¥3.96 Billion | ▼ -52.9 pp |
| 2020 | 36.9% | CN¥648.97 Million | CN¥1.76 Billion | CN¥3.42 Billion | CN¥2.77 Billion | ▲ +12.1 pp |
| 2019 | 24.8% | CN¥422.52 Million | CN¥1.70 Billion | CN¥2.24 Billion | CN¥1.82 Billion | ▼ -4.8 pp |
| 2018 | 29.6% | CN¥452.48 Million | CN¥1.53 Billion | CN¥2.01 Billion | CN¥1.56 Billion | ▼ -28.3 pp |
| 2017 | 57.9% | CN¥789.79 Million | CN¥1.36 Billion | CN¥2.06 Billion | CN¥1.27 Billion | ▲ +28.8 pp |
| 2016 | 29.2% | CN¥170.72 Million | CN¥584.76 Million | CN¥999.52 Million | CN¥828.80 Million | ▲ +11.6 pp |
| 2015 | 17.6% | CN¥77.72 Million | CN¥441.76 Million | CN¥879.51 Million | CN¥801.79 Million | ▲ +30.8 pp |
| 2014 | -13.2% | CN¥-48.71 Million | CN¥369.21 Million | CN¥821.90 Million | CN¥870.61 Million | ▼ -4.7 pp |
| 2013 | -8.5% | CN¥-27.69 Million | CN¥324.43 Million | CN¥703.31 Million | CN¥731.00 Million | — |