Hunan Zhenghong Science and Technology Develop Co Ltd (000702) — Working Capital to Net Assets Ratio
Hunan Zhenghong Science and Technology Develop Co Ltd (000702) has a Working Capital to Net Assets ratio of 0.6% as of March 2026. Working capital of CN¥1.63 Million (current assets of CN¥295.92 Million minus current liabilities of CN¥294.29 Million) is measured against net assets of CN¥274.87 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Hunan Zhenghong Science and Technology D balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Hunan Zhenghong Science and Technology Develop Co Ltd Working Capital to Net Assets (1993–2024)
This chart shows how Hunan Zhenghong Science and Technology Develop Co Ltd's Working Capital to Net Assets ratio has evolved across 32 annual periods from 1993 to 2024. As of March 2026, the ratio stands at 0.6%, reflecting working capital of CN¥1.63 Million against net assets of CN¥274.87 Million CNY. Check 000702 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Hunan Zhenghong Science and Technology Develop Co Ltd (1993–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Hunan Zhenghong Science and Technology Develop Co Ltd from 1993 to 2024, covering 32 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 Hunan Zhenghong Science and Technology D market cap and net worth.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 3.2% | CN¥9.67 Million | CN¥300.43 Million | CN¥406.43 Million | CN¥396.76 Million | ▲ +7.0 pp |
| 2023 | -3.8% | CN¥-12.64 Million | CN¥330.96 Million | CN¥354.17 Million | CN¥366.81 Million | ▲ +250.9 pp |
| 2022 | -254.7% | CN¥-298.66 Million | CN¥117.25 Million | CN¥336.19 Million | CN¥634.85 Million | ▼ -193.1 pp |
| 2021 | -61.6% | CN¥-171.59 Million | CN¥278.36 Million | CN¥349.77 Million | CN¥521.37 Million | ▼ -83.3 pp |
| 2020 | 21.7% | CN¥134.91 Million | CN¥621.75 Million | CN¥426.37 Million | CN¥291.46 Million | ▼ -5.9 pp |
| 2019 | 27.6% | CN¥154.25 Million | CN¥558.79 Million | CN¥261.03 Million | CN¥106.78 Million | ▼ -0.3 pp |
| 2018 | 27.9% | CN¥145.90 Million | CN¥522.63 Million | CN¥328.14 Million | CN¥182.23 Million | ▲ +10.3 pp |
| 2017 | 17.7% | CN¥83.71 Million | CN¥473.86 Million | CN¥299.80 Million | CN¥216.09 Million | ▲ +2.0 pp |
| 2016 | 15.7% | CN¥72.20 Million | CN¥461.02 Million | CN¥239.37 Million | CN¥167.17 Million | ▼ -0.5 pp |
| 2015 | 16.2% | CN¥74.62 Million | CN¥460.77 Million | CN¥222.60 Million | CN¥147.98 Million | ▲ +4.1 pp |
| 2014 | 12.0% | CN¥59.28 Million | CN¥492.19 Million | CN¥258.06 Million | CN¥198.77 Million | ▲ +9.2 pp |
| 2013 | 2.8% | CN¥12.48 Million | CN¥441.40 Million | CN¥277.96 Million | CN¥265.48 Million | ▼ -0.4 pp |
| 2012 | 3.2% | CN¥14.82 Million | CN¥459.19 Million | CN¥442.72 Million | CN¥427.90 Million | ▲ +4.2 pp |
| 2011 | -0.9% | CN¥-4.27 Million | CN¥457.99 Million | CN¥346.04 Million | CN¥350.31 Million | ▼ -0.6 pp |
| 2010 | -0.3% | CN¥-1.34 Million | CN¥440.20 Million | CN¥467.34 Million | CN¥468.68 Million | ▲ +8.3 pp |
| 2009 | -8.6% | CN¥-37.08 Million | CN¥431.48 Million | CN¥338.64 Million | CN¥375.72 Million | ▲ +7.8 pp |
| 2008 | -16.4% | CN¥-69.37 Million | CN¥423.88 Million | CN¥321.10 Million | CN¥390.47 Million | ▲ +6.4 pp |
| 2007 | -22.8% | CN¥-94.56 Million | CN¥414.55 Million | CN¥492.13 Million | CN¥586.69 Million | ▼ -15.5 pp |
| 2006 | -7.3% | CN¥-39.29 Million | CN¥536.23 Million | CN¥545.11 Million | CN¥584.40 Million | ▼ -6.9 pp |
| 2005 | -0.4% | CN¥-2.27 Million | CN¥557.84 Million | CN¥729.99 Million | CN¥732.26 Million | ▼ -4.3 pp |
| 2004 | 3.9% | CN¥22.28 Million | CN¥572.51 Million | CN¥797.63 Million | CN¥775.35 Million | ▼ -10.3 pp |
| 2003 | 14.2% | CN¥124.93 Million | CN¥881.40 Million | CN¥720.99 Million | CN¥596.06 Million | ▼ -9.2 pp |
| 2002 | 23.3% | CN¥197.44 Million | CN¥845.70 Million | CN¥647.12 Million | CN¥449.68 Million | ▼ -12.8 pp |
| 2001 | 36.1% | CN¥307.01 Million | CN¥849.73 Million | CN¥858.40 Million | CN¥551.40 Million | ▼ -21.1 pp |
| 2000 | 57.2% | CN¥493.37 Million | CN¥862.65 Million | CN¥894.15 Million | CN¥400.78 Million | ▲ +1.8 pp |
| 1999 | 55.4% | CN¥318.73 Million | CN¥575.58 Million | CN¥483.62 Million | CN¥164.89 Million | ▲ +0.9 pp |
| 1998 | 54.5% | CN¥292.55 Million | CN¥536.76 Million | CN¥476.62 Million | CN¥184.07 Million | ▼ -23.0 pp |
| 1997 | 77.5% | CN¥406.26 Million | CN¥524.50 Million | CN¥457.95 Million | CN¥51.69 Million | ▲ +33.3 pp |
| 1996 | 44.2% | CN¥48.18 Million | CN¥109.10 Million | CN¥150.02 Million | CN¥101.85 Million | ▼ -21.7 pp |
| 1995 | 65.8% | CN¥58.83 Million | CN¥89.36 Million | CN¥130.53 Million | CN¥71.70 Million | ▼ -12.5 pp |
| 1994 | 78.3% | CN¥51.04 Million | CN¥65.16 Million | CN¥86.00 Million | CN¥34.96 Million | ▼ -3.5 pp |
| 1993 | 81.8% | CN¥38.01 Million | CN¥46.46 Million | CN¥87.61 Million | CN¥49.60 Million | — |