Qingdao Richen Food Co Ltd (603755) — Working Capital to Net Assets Ratio
Qingdao Richen Food Co Ltd (603755) has a Working Capital to Net Assets ratio of 8.3% as of September 2025. Working capital of CN¥61.82 Million (current assets of CN¥281.77 Million minus current liabilities of CN¥219.95 Million) is measured against net assets of CN¥749.16 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Qingdao Richen Food Co Ltd free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Qingdao Richen Food Co Ltd Working Capital to Net Assets (2014–2024)
This chart shows how Qingdao Richen Food Co Ltd's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2014 to 2024. As of September 2025, the ratio stands at 8.3%, reflecting working capital of CN¥61.82 Million against net assets of CN¥749.16 Million CNY. See how many days can Qingdao Richen Food Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Qingdao Richen Food Co Ltd (2014–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Qingdao Richen Food Co Ltd from 2014 to 2024, covering 11 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 live market cap and the full company profile, see Qingdao Richen Food Co Ltd (603755) total market value.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 16.8% | CN¥122.56 Million | CN¥727.90 Million | CN¥308.01 Million | CN¥185.46 Million | ▲ +0.3 pp |
| 2023 | 16.6% | CN¥116.26 Million | CN¥701.64 Million | CN¥340.19 Million | CN¥223.93 Million | ▼ -13.1 pp |
| 2022 | 29.7% | CN¥204.02 Million | CN¥686.58 Million | CN¥418.82 Million | CN¥214.80 Million | ▼ -31.0 pp |
| 2021 | 60.7% | CN¥401.19 Million | CN¥660.91 Million | CN¥535.32 Million | CN¥134.12 Million | ▼ -22.6 pp |
| 2020 | 83.3% | CN¥507.42 Million | CN¥608.97 Million | CN¥564.20 Million | CN¥56.77 Million | ▼ -8.1 pp |
| 2019 | 91.5% | CN¥532.33 Million | CN¥581.96 Million | CN¥581.07 Million | CN¥48.74 Million | ▲ +16.5 pp |
| 2018 | 75.0% | CN¥149.20 Million | CN¥199.03 Million | CN¥194.52 Million | CN¥45.32 Million | ▲ +4.6 pp |
| 2017 | 70.4% | CN¥115.56 Million | CN¥164.22 Million | CN¥154.43 Million | CN¥38.87 Million | ▲ +7.7 pp |
| 2016 | 62.7% | CN¥83.52 Million | CN¥133.18 Million | CN¥122.27 Million | CN¥38.75 Million | ▲ +5.6 pp |
| 2015 | 57.1% | CN¥65.97 Million | CN¥115.59 Million | CN¥107.98 Million | CN¥42.01 Million | ▲ +7.5 pp |
| 2014 | 49.6% | CN¥51.22 Million | CN¥103.29 Million | CN¥84.75 Million | CN¥33.53 Million | — |