Guizhou Zhenhua E chem Inc (688707) — Working Capital to Net Assets Ratio
Guizhou Zhenhua E chem Inc (688707) has a Working Capital to Net Assets ratio of 51.6% as of September 2025. Working capital of CN¥2.11 Billion (current assets of CN¥3.69 Billion minus current liabilities of CN¥1.58 Billion) is measured against net assets of CN¥4.09 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 688707 net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Guizhou Zhenhua E chem Inc Working Capital to Net Assets (2014–2024)
This chart shows how Guizhou Zhenhua E chem Inc'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 51.6%, reflecting working capital of CN¥2.11 Billion against net assets of CN¥4.09 Billion CNY. Check 688707 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Guizhou Zhenhua E chem Inc (2014–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Guizhou Zhenhua E chem Inc 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 market value of Guizhou Zhenhua E chem Inc.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 40.2% | CN¥1.78 Billion | CN¥4.42 Billion | CN¥4.59 Billion | CN¥2.81 Billion | ▼ -8.9 pp |
| 2023 | 49.1% | CN¥1.91 Billion | CN¥3.88 Billion | CN¥6.46 Billion | CN¥4.56 Billion | ▼ -11.7 pp |
| 2022 | 60.8% | CN¥2.49 Billion | CN¥4.09 Billion | CN¥8.19 Billion | CN¥5.71 Billion | ▲ +10.5 pp |
| 2021 | 50.3% | CN¥1.47 Billion | CN¥2.93 Billion | CN¥4.89 Billion | CN¥3.42 Billion | ▲ +9.1 pp |
| 2020 | 41.2% | CN¥526.88 Million | CN¥1.28 Billion | CN¥2.34 Billion | CN¥1.81 Billion | ▲ +14.6 pp |
| 2019 | 26.6% | CN¥385.47 Million | CN¥1.45 Billion | CN¥1.79 Billion | CN¥1.40 Billion | ▼ -42.0 pp |
| 2018 | 68.6% | CN¥619.23 Million | CN¥902.88 Million | CN¥2.21 Billion | CN¥1.59 Billion | ▼ -5.7 pp |
| 2017 | 74.3% | CN¥672.89 Million | CN¥905.92 Million | CN¥1.75 Billion | CN¥1.08 Billion | ▲ +86.9 pp |
| 2016 | -12.6% | CN¥-30.53 Million | CN¥241.85 Million | CN¥529.66 Million | CN¥560.19 Million | ▲ +3.7 pp |
| 2015 | -16.3% | CN¥-28.97 Million | CN¥177.75 Million | CN¥546.16 Million | CN¥575.12 Million | ▲ +76.0 pp |
| 2014 | -92.3% | CN¥-94.29 Million | CN¥102.14 Million | CN¥373.93 Million | CN¥468.21 Million | — |