Milkyway Chemical Supply Chain Service Co Ltd (603713) — Working Capital to Net Assets Ratio
Milkyway Chemical Supply Chain Service Co Ltd (603713) has a Working Capital to Net Assets ratio of 19.9% as of March 2026. Working capital of CN¥1.10 Billion (current assets of CN¥9.51 Billion minus current liabilities of CN¥8.41 Billion) is measured against net assets of CN¥5.52 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Milkyway Chemical Supply Chain Service C defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Milkyway Chemical Supply Chain Service Co Ltd Working Capital to Net Assets (2014–2025)
This chart shows how Milkyway Chemical Supply Chain Service Co Ltd's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2014 to 2025. As of March 2026, the ratio stands at 19.9%, reflecting working capital of CN¥1.10 Billion against net assets of CN¥5.52 Billion CNY. For the complete balance sheet picture, see total assets of Milkyway Chemical Supply Chain Service C.
Annual Working Capital to Net Assets for Milkyway Chemical Supply Chain Service Co Ltd (2014–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Milkyway Chemical Supply Chain Service Co Ltd from 2014 to 2025, 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. Check Milkyway Chemical Supply Chain Service C (603713) asset 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) |
|---|---|---|---|---|---|---|
| 2025 | 22.4% | CN¥1.19 Billion | CN¥5.30 Billion | CN¥14.47 Billion | CN¥13.28 Billion | ▼ -13.6 pp |
| 2024 | 36.0% | CN¥1.72 Billion | CN¥4.77 Billion | CN¥8.05 Billion | CN¥6.33 Billion | ▲ +14.4 pp |
| 2023 | 21.7% | CN¥946.47 Million | CN¥4.37 Billion | CN¥5.76 Billion | CN¥4.81 Billion | ▼ -24.6 pp |
| 2022 | 46.2% | CN¥1.80 Billion | CN¥3.89 Billion | CN¥5.52 Billion | CN¥3.72 Billion | ▲ +9.8 pp |
| 2021 | 36.5% | CN¥1.17 Billion | CN¥3.22 Billion | CN¥4.45 Billion | CN¥3.28 Billion | ▲ +24.8 pp |
| 2020 | 11.7% | CN¥208.44 Million | CN¥1.78 Billion | CN¥1.80 Billion | CN¥1.59 Billion | ▼ -15.6 pp |
| 2019 | 27.3% | CN¥403.07 Million | CN¥1.48 Billion | CN¥1.13 Billion | CN¥726.29 Million | ▼ -25.8 pp |
| 2018 | 53.1% | CN¥672.45 Million | CN¥1.27 Billion | CN¥1.10 Billion | CN¥432.09 Million | ▲ +6.5 pp |
| 2017 | 46.6% | CN¥343.51 Million | CN¥736.51 Million | CN¥689.84 Million | CN¥346.32 Million | ▼ -7.1 pp |
| 2016 | 53.7% | CN¥340.80 Million | CN¥634.26 Million | CN¥527.39 Million | CN¥186.59 Million | ▼ -1.1 pp |
| 2015 | 54.8% | CN¥247.38 Million | CN¥451.08 Million | CN¥392.27 Million | CN¥144.88 Million | ▲ +24.3 pp |
| 2014 | 30.5% | CN¥69.87 Million | CN¥229.11 Million | CN¥221.29 Million | CN¥151.42 Million | — |