Shanghai Kindly Entrp Dvlp Grp (603987) — Working Capital to Net Assets Ratio
Shanghai Kindly Entrp Dvlp Grp (603987) has a Working Capital to Net Assets ratio of 26.1% as of September 2025. Working capital of CN¥797.88 Million (current assets of CN¥1.92 Billion minus current liabilities of CN¥1.12 Billion) is measured against net assets of CN¥3.05 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See debt-free asset ratio of Shanghai Kindly Entrp Dvlp Grp to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Shanghai Kindly Entrp Dvlp Grp Working Capital to Net Assets (2011–2024)
This chart shows how Shanghai Kindly Entrp Dvlp Grp's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2011 to 2024. As of September 2025, the ratio stands at 26.1%, reflecting working capital of CN¥797.88 Million against net assets of CN¥3.05 Billion CNY. Check 603987 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Shanghai Kindly Entrp Dvlp Grp (2011–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Shanghai Kindly Entrp Dvlp Grp from 2011 to 2024, covering 14 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 Shanghai Kindly Entrp Dvlp Grp (603987) market capitalisation.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 23.1% | CN¥673.00 Million | CN¥2.91 Billion | CN¥1.84 Billion | CN¥1.16 Billion | ▼ -0.3 pp |
| 2023 | 23.4% | CN¥649.84 Million | CN¥2.78 Billion | CN¥1.96 Billion | CN¥1.31 Billion | ▲ +2.8 pp |
| 2022 | 20.6% | CN¥525.65 Million | CN¥2.55 Billion | CN¥1.98 Billion | CN¥1.45 Billion | ▼ -15.2 pp |
| 2021 | 35.8% | CN¥1.21 Billion | CN¥3.39 Billion | CN¥2.63 Billion | CN¥1.42 Billion | ▼ -10.4 pp |
| 2020 | 46.2% | CN¥1.37 Billion | CN¥2.97 Billion | CN¥2.54 Billion | CN¥1.17 Billion | ▼ -8.8 pp |
| 2019 | 54.9% | CN¥1.48 Billion | CN¥2.70 Billion | CN¥2.38 Billion | CN¥894.24 Million | ▲ +9.5 pp |
| 2018 | 45.4% | CN¥739.74 Million | CN¥1.63 Billion | CN¥1.27 Billion | CN¥534.27 Million | ▲ +5.5 pp |
| 2017 | 39.9% | CN¥535.39 Million | CN¥1.34 Billion | CN¥781.84 Million | CN¥246.45 Million | ▲ +2.4 pp |
| 2016 | 37.5% | CN¥460.28 Million | CN¥1.23 Billion | CN¥767.13 Million | CN¥306.85 Million | ▲ +18.2 pp |
| 2015 | 19.2% | CN¥153.21 Million | CN¥797.08 Million | CN¥596.68 Million | CN¥443.46 Million | ▲ +11.5 pp |
| 2014 | 7.7% | CN¥52.00 Million | CN¥672.40 Million | CN¥543.78 Million | CN¥491.78 Million | ▲ +7.9 pp |
| 2013 | -0.2% | CN¥-1.09 Million | CN¥524.30 Million | CN¥491.05 Million | CN¥492.14 Million | ▲ +5.8 pp |
| 2012 | -6.0% | CN¥-27.49 Million | CN¥455.71 Million | CN¥426.77 Million | CN¥454.25 Million | ▼ -9.8 pp |
| 2011 | 3.8% | CN¥15.08 Million | CN¥395.78 Million | CN¥478.23 Million | CN¥463.16 Million | — |