Semiconductor Manufacturing Intl Co (688981) — Working Capital to Net Assets Ratio
Semiconductor Manufacturing Intl Co (688981) has a Working Capital to Net Assets ratio of 25.2% as of December 2025. Working capital of CN¥8.81 Billion (current assets of CN¥15.63 Billion minus current liabilities of CN¥6.82 Billion) is measured against net assets of CN¥35.02 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 688981 FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Semiconductor Manufacturing Intl Co Working Capital to Net Assets (2001–2025)
This chart shows how Semiconductor Manufacturing Intl Co's Working Capital to Net Assets ratio has evolved across 25 annual periods from 2001 to 2025. As of December 2025, the ratio stands at 25.2%, reflecting working capital of CN¥8.81 Billion against net assets of CN¥35.02 Billion CNY. See Semiconductor Manufacturing Intl Co defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Semiconductor Manufacturing Intl Co (2001–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Semiconductor Manufacturing Intl Co from 2001 to 2025, covering 25 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 688981 market cap overview.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 25.2% | CN¥8.81 Billion | CN¥35.02 Billion | CN¥15.63 Billion | CN¥6.82 Billion | ▲ +6.2 pp |
| 2024 | 18.9% | CN¥6.02 Billion | CN¥31.87 Billion | CN¥14.78 Billion | CN¥8.76 Billion | ▼ -0.7 pp |
| 2023 | 19.6% | CN¥6.03 Billion | CN¥30.85 Billion | CN¥13.64 Billion | CN¥7.60 Billion | ▼ -13.5 pp |
| 2022 | 33.0% | CN¥9.57 Billion | CN¥28.96 Billion | CN¥16.59 Billion | CN¥7.02 Billion | ▼ -9.3 pp |
| 2021 | 42.3% | CN¥10.76 Billion | CN¥25.44 Billion | CN¥15.22 Billion | CN¥4.45 Billion | ▼ -9.7 pp |
| 2020 | 52.0% | CN¥11.28 Billion | CN¥21.68 Billion | CN¥15.17 Billion | CN¥3.89 Billion | ▲ +16.0 pp |
| 2019 | 36.0% | CN¥3.67 Billion | CN¥10.20 Billion | CN¥6.87 Billion | CN¥3.21 Billion | ▼ -0.9 pp |
| 2018 | 36.9% | CN¥3.29 Billion | CN¥8.92 Billion | CN¥6.15 Billion | CN¥2.86 Billion | ▲ +3.2 pp |
| 2017 | 33.7% | CN¥2.26 Billion | CN¥6.72 Billion | CN¥4.17 Billion | CN¥1.91 Billion | ▲ +2.1 pp |
| 2016 | 31.5% | CN¥1.70 Billion | CN¥5.40 Billion | CN¥3.68 Billion | CN¥1.98 Billion | ▲ +11.9 pp |
| 2015 | 19.6% | CN¥822.86 Million | CN¥4.19 Billion | CN¥2.59 Billion | CN¥1.77 Billion | ▼ -15.1 pp |
| 2014 | 34.7% | CN¥1.15 Billion | CN¥3.31 Billion | CN¥2.30 Billion | CN¥1.15 Billion | ▲ +10.6 pp |
| 2013 | 24.1% | CN¥624.70 Million | CN¥2.59 Billion | CN¥1.56 Billion | CN¥938.54 Million | ▲ +17.0 pp |
| 2012 | 7.1% | CN¥161.90 Million | CN¥2.28 Billion | CN¥1.27 Billion | CN¥1.11 Billion | ▲ +24.5 pp |
| 2011 | -17.4% | CN¥-389.81 Million | CN¥2.25 Billion | CN¥861.51 Million | CN¥1.25 Billion | ▼ -7.0 pp |
| 2010 | -10.3% | CN¥-223.88 Million | CN¥2.17 Billion | CN¥1.18 Billion | CN¥1.40 Billion | ▼ -3.5 pp |
| 2009 | -6.8% | CN¥-124.46 Million | CN¥1.83 Billion | CN¥907.06 Million | CN¥1.03 Billion | ▼ -7.8 pp |
| 2008 | 1.0% | CN¥27.09 Million | CN¥2.79 Billion | CN¥926.86 Million | CN¥899.77 Million | ▼ -3.8 pp |
| 2007 | 4.8% | CN¥145.11 Million | CN¥3.05 Billion | CN¥1.08 Billion | CN¥930.19 Million | ▼ -7.5 pp |
| 2006 | 12.2% | CN¥372.30 Million | CN¥3.05 Billion | CN¥1.05 Billion | CN¥677.36 Million | ▲ +7.3 pp |
| 2005 | 4.9% | CN¥151.43 Million | CN¥3.07 Billion | CN¥1.05 Billion | CN¥896.04 Million | ▼ -2.3 pp |
| 2004 | 7.2% | CN¥225.09 Million | CN¥3.11 Billion | CN¥955.42 Million | CN¥730.33 Million | ▼ -16.7 pp |
| 2003 | 23.9% | CN¥355.45 Million | CN¥1.49 Billion | CN¥680.88 Million | CN¥325.43 Million | ▲ +33.0 pp |
| 2002 | -9.0% | CN¥-78.59 Million | CN¥870.99 Million | CN¥185.07 Million | CN¥263.66 Million | ▼ -6.3 pp |
| 2001 | -2.7% | CN¥-13.87 Million | CN¥513.99 Million | CN¥235.20 Million | CN¥249.07 Million | — |