China New Higher Education Group Limited (8CN) — Working Capital to Net Assets Ratio
China New Higher Education Group Limited (8CN) has a Working Capital to Net Assets ratio of -43.5% as of August 2025. Working capital of €-2.16 Billion (current assets of €1.36 Billion minus current liabilities of €3.51 Billion) is measured against net assets of €4.95 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See China New Higher Education Group Limited balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
China New Higher Education Group Limited Working Capital to Net Assets (2018–2025)
This chart shows how China New Higher Education Group Limited's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2018 to 2025. As of August 2025, the ratio stands at -43.5%, reflecting working capital of €-2.16 Billion against net assets of €4.95 Billion EUR. Check tangible equity quality of China New Higher Education Group Limited to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for China New Higher Education Group Limited (2018–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for China New Higher Education Group Limited from 2018 to 2025, 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 China New Higher Education Group Limited stock valuation.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -43.5% | €-2.16 Billion | €4.95 Billion | €1.36 Billion | €3.51 Billion | ▲ +5.0 pp |
| 2024 | -48.5% | €-1.99 Billion | €4.11 Billion | €2.34 Billion | €4.33 Billion | ▲ +21.3 pp |
| 2023 | -69.7% | €-2.46 Billion | €3.53 Billion | €1.19 Billion | €3.66 Billion | ▼ -16.6 pp |
| 2022 | -53.1% | €-1.69 Billion | €3.18 Billion | €1.48 Billion | €3.16 Billion | ▼ -13.4 pp |
| 2021 | -39.7% | €-1.27 Billion | €3.19 Billion | €1.34 Billion | €2.61 Billion | ▼ -2.9 pp |
| 2020 | -36.8% | €-920.35 Million | €2.50 Billion | €1.14 Billion | €2.06 Billion | ▼ -3.8 pp |
| 2019 | -33.0% | €-972.76 Million | €2.95 Billion | €1.15 Billion | €2.12 Billion | ▲ +14.5 pp |
| 2018 | -47.5% | €-1.08 Billion | €2.28 Billion | €549.70 Million | €1.63 Billion | — |