Happy City Holdings Limited Class A Ordinary shares Working Capital to Net Assets Ratio
Happy City Holdings Limited Class A Ordinary shares working capital to net assets ratio. Happy City Holdings Limited Class A Ordinary shares (HCHL) has a Working Capital to Net Assets ratio of -38.0% as of November 2025. Working capital of $-837.49K (current assets of $4.15 Million minus current liabilities of $4.99 Million) is measured against net assets of $2.21 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check HCHL intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Happy City Holdings Limited Class A Ordinary shares (2023–2025)
Working capital to net assets ratio of Happy City Holdings Limited Class A Ordinary shares from 2023 to 2025. This chart shows how Happy City Holdings Limited Class A Ordinary shares's Working Capital to Net Assets ratio has evolved across 3 annual periods from 2023 to 2025. As of November 2025, the ratio stands at -38.0%, reflecting working capital of $-837.49K against net assets of $2.21 Million USD. See Happy City Holdings Limited Class A Ordi (HCHL) defensive interval to measure how many days the company can operate on defensive assets alone.
Happy City Holdings Limited Class A Ordinary shares Working Capital to Net Assets Ratio by Year (2023–2025)
Happy City Holdings Limited Class A Ordinary shares working capital to net assets ratio by year from 2023 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Happy City Holdings Limited Class A Ordinary shares from 2023 to 2025, covering 3 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 the complete balance sheet picture, see Happy City Holdings Limited Class A Ordi (HCHL) total assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -38.0% | $-837.49K | $2.21 Million | $4.15 Million | $4.99 Million | ▲ +114.6 pp |
| 2024 | -152.5% | $-918.27K | $601.97K | $3.14 Million | $4.05 Million | ▼ -321.8 pp |
| 2023 | 169.2% | $-2.48 Million | $-1.46 Million | $275.55K | $2.75 Million | — |