Milkyway Chemical Supply Chain Service Co Ltd Working Capital to Net Assets Ratio

Latest as of March 2026: 19.9%

Milkyway Chemical Supply Chain Service Co Ltd 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. Check Milkyway Chemical Supply Chain Service C tangible net worth ratio to evaluate the tangible quality of the company's equity base.

WC/NA Ratio

19.9%
Working Capital / Net Assets

Working Capital

CN¥1.10 Billion
CNY

Current Assets

CN¥9.51 Billion
CNY

Current Liabilities

CN¥8.41 Billion
CNY

Working Capital to Net Assets Ratio of Milkyway Chemical Supply Chain Service Co Ltd (2014–2025)

Working capital to net assets ratio of Milkyway Chemical Supply Chain Service Co Ltd from 2014 to 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. See Milkyway Chemical Supply Chain Service C defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Milkyway Chemical Supply Chain Service Co Ltd Working Capital to Net Assets Ratio by Year (2014–2025)

Milkyway Chemical Supply Chain Service Co Ltd working capital to net assets ratio by year from 2014 to 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. For the complete balance sheet picture, see how large is Milkyway Chemical Supply Chain Service C's balance sheet.

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 —
pp = percentage points