Qingdao Richen Food Co Ltd Working Capital to Net Assets Ratio
Qingdao Richen Food Co Ltd 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.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Qingdao Richen Food Co Ltd (2014–2024)
Working capital to net assets ratio of Qingdao Richen Food Co Ltd from 2014 to 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 603755 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Qingdao Richen Food Co Ltd Working Capital to Net Assets Ratio by Year (2014–2024)
Qingdao Richen Food Co Ltd working capital to net assets ratio by year from 2014 to 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 the complete balance sheet picture, see 603755 current and non-current assets.
| 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 | — |