Shaanxi Meibang Pharmaceutical Group Co Ltd (605033) — Working Capital to Net Assets Ratio
Shaanxi Meibang Pharmaceutical Group Co Ltd (605033) has a Working Capital to Net Assets ratio of 45.7% as of September 2025. Working capital of CN¥524.65 Million (current assets of CN¥1.06 Billion minus current liabilities of CN¥530.88 Million) is measured against net assets of CN¥1.15 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See net asset quality index of Shaanxi Meibang Pharmaceutical Group Co to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Shaanxi Meibang Pharmaceutical Group Co Ltd Working Capital to Net Assets (2017–2024)
This chart shows how Shaanxi Meibang Pharmaceutical Group Co Ltd's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2017 to 2024. As of September 2025, the ratio stands at 45.7%, reflecting working capital of CN¥524.65 Million against net assets of CN¥1.15 Billion CNY. Check 605033 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Shaanxi Meibang Pharmaceutical Group Co Ltd (2017–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Shaanxi Meibang Pharmaceutical Group Co Ltd from 2017 to 2024, covering 8 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 605033 stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 42.7% | CN¥480.45 Million | CN¥1.12 Billion | CN¥1.10 Billion | CN¥616.26 Million | ▼ -12.1 pp |
| 2023 | 54.8% | CN¥610.89 Million | CN¥1.11 Billion | CN¥1.07 Billion | CN¥460.91 Million | ▼ -20.5 pp |
| 2022 | 75.4% | CN¥818.69 Million | CN¥1.09 Billion | CN¥1.19 Billion | CN¥369.72 Million | ▼ -2.8 pp |
| 2021 | 78.2% | CN¥755.71 Million | CN¥966.95 Million | CN¥1.19 Billion | CN¥437.07 Million | ▲ +12.4 pp |
| 2020 | 65.7% | CN¥295.43 Million | CN¥449.37 Million | CN¥606.16 Million | CN¥310.73 Million | ▼ -4.6 pp |
| 2019 | 70.4% | CN¥260.87 Million | CN¥370.63 Million | CN¥536.45 Million | CN¥275.58 Million | ▲ +2.9 pp |
| 2018 | 67.5% | CN¥186.52 Million | CN¥276.37 Million | CN¥478.37 Million | CN¥291.85 Million | ▲ +8.4 pp |
| 2017 | 59.1% | CN¥106.58 Million | CN¥180.43 Million | CN¥426.47 Million | CN¥319.90 Million | — |