Changzheng Engineering Co Ltd (603698) — Working Capital to Net Assets Ratio
Changzheng Engineering Co Ltd (603698) has a Working Capital to Net Assets ratio of 37.4% as of March 2026. Working capital of CN¥1.89 Billion (current assets of CN¥4.11 Billion minus current liabilities of CN¥2.22 Billion) is measured against net assets of CN¥5.06 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See operational self-sufficiency of Changzheng Engineering Co Ltd to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Changzheng Engineering Co Ltd Working Capital to Net Assets (2011–2025)
This chart shows how Changzheng Engineering Co Ltd's Working Capital to Net Assets ratio has evolved across 15 annual periods from 2011 to 2025. As of March 2026, the ratio stands at 37.4%, reflecting working capital of CN¥1.89 Billion against net assets of CN¥5.06 Billion CNY. For the complete balance sheet picture, see balance sheet size of Changzheng Engineering Co Ltd.
Annual Working Capital to Net Assets for Changzheng Engineering Co Ltd (2011–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Changzheng Engineering Co Ltd from 2011 to 2025, 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. Check asset resilience ratio of Changzheng Engineering Co Ltd to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 36.5% | CN¥1.82 Billion | CN¥4.98 Billion | CN¥4.25 Billion | CN¥2.43 Billion | ▼ -17.1 pp |
| 2024 | 53.6% | CN¥2.66 Billion | CN¥4.97 Billion | CN¥4.92 Billion | CN¥2.26 Billion | ▼ -12.5 pp |
| 2023 | 66.1% | CN¥2.17 Billion | CN¥3.28 Billion | CN¥4.29 Billion | CN¥2.12 Billion | ▲ +0.2 pp |
| 2022 | 66.0% | CN¥2.07 Billion | CN¥3.14 Billion | CN¥3.72 Billion | CN¥1.65 Billion | ▼ -5.0 pp |
| 2021 | 71.0% | CN¥2.14 Billion | CN¥3.02 Billion | CN¥3.60 Billion | CN¥1.45 Billion | ▲ +0.8 pp |
| 2020 | 70.1% | CN¥2.05 Billion | CN¥2.92 Billion | CN¥3.42 Billion | CN¥1.37 Billion | ▲ +9.6 pp |
| 2019 | 60.5% | CN¥1.69 Billion | CN¥2.79 Billion | CN¥2.76 Billion | CN¥1.07 Billion | ▲ +8.4 pp |
| 2018 | 52.1% | CN¥1.39 Billion | CN¥2.66 Billion | CN¥2.32 Billion | CN¥934.96 Million | ▼ -14.5 pp |
| 2017 | 66.7% | CN¥1.66 Billion | CN¥2.49 Billion | CN¥2.92 Billion | CN¥1.26 Billion | ▲ +17.3 pp |
| 2016 | 49.4% | CN¥1.16 Billion | CN¥2.35 Billion | CN¥2.30 Billion | CN¥1.14 Billion | ▼ -3.1 pp |
| 2015 | 52.5% | CN¥1.19 Billion | CN¥2.27 Billion | CN¥2.97 Billion | CN¥1.78 Billion | ▲ +22.9 pp |
| 2014 | 29.6% | CN¥299.72 Million | CN¥1.01 Billion | CN¥1.87 Billion | CN¥1.57 Billion | ▼ -11.1 pp |
| 2013 | 40.7% | CN¥377.47 Million | CN¥928.18 Million | CN¥1.48 Billion | CN¥1.11 Billion | ▲ +7.9 pp |
| 2012 | 32.8% | CN¥241.80 Million | CN¥738.25 Million | CN¥1.05 Billion | CN¥812.68 Million | ▲ +1.4 pp |
| 2011 | 31.3% | CN¥192.12 Million | CN¥613.69 Million | CN¥694.05 Million | CN¥501.93 Million | — |