Sieyuan Electric Co Ltd (002028) — Working Capital to Net Assets Ratio
Sieyuan Electric Co Ltd (002028) has a Working Capital to Net Assets ratio of 65.4% as of March 2026. Working capital of CN¥10.76 Billion (current assets of CN¥24.39 Billion minus current liabilities of CN¥13.63 Billion) is measured against net assets of CN¥16.45 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See defensive interval ratio of Sieyuan Electric Co Ltd to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Sieyuan Electric Co Ltd Working Capital to Net Assets (2001–2025)
This chart shows how Sieyuan Electric Co Ltd's Working Capital to Net Assets ratio has evolved across 25 annual periods from 2001 to 2025. As of March 2026, the ratio stands at 65.4%, reflecting working capital of CN¥10.76 Billion against net assets of CN¥16.45 Billion CNY. For the complete balance sheet picture, see how large is Sieyuan Electric Co Ltd's balance sheet.
Annual Working Capital to Net Assets for Sieyuan Electric Co Ltd (2001–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Sieyuan Electric Co Ltd 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. Check how resilient are Sieyuan Electric Co Ltd's assets to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 65.2% | CN¥10.30 Billion | CN¥15.80 Billion | CN¥24.11 Billion | CN¥13.80 Billion | ▼ -0.3 pp |
| 2024 | 65.5% | CN¥8.29 Billion | CN¥12.66 Billion | CN¥18.91 Billion | CN¥10.62 Billion | ▲ +0.8 pp |
| 2023 | 64.7% | CN¥6.91 Billion | CN¥10.67 Billion | CN¥14.76 Billion | CN¥7.85 Billion | ▲ +0.5 pp |
| 2022 | 64.2% | CN¥6.06 Billion | CN¥9.44 Billion | CN¥12.07 Billion | CN¥6.02 Billion | ▲ +12.0 pp |
| 2021 | 52.2% | CN¥4.49 Billion | CN¥8.60 Billion | CN¥9.50 Billion | CN¥5.01 Billion | ▼ -5.1 pp |
| 2020 | 57.3% | CN¥3.85 Billion | CN¥6.71 Billion | CN¥8.06 Billion | CN¥4.21 Billion | ▼ -4.9 pp |
| 2019 | 62.2% | CN¥3.23 Billion | CN¥5.20 Billion | CN¥6.85 Billion | CN¥3.62 Billion | ▲ +3.6 pp |
| 2018 | 58.6% | CN¥2.76 Billion | CN¥4.71 Billion | CN¥5.60 Billion | CN¥2.84 Billion | ▼ -18.8 pp |
| 2017 | 77.4% | CN¥3.49 Billion | CN¥4.51 Billion | CN¥5.73 Billion | CN¥2.24 Billion | ▼ -1.3 pp |
| 2016 | 78.7% | CN¥3.42 Billion | CN¥4.35 Billion | CN¥5.49 Billion | CN¥2.07 Billion | ▲ +1.2 pp |
| 2015 | 77.5% | CN¥3.19 Billion | CN¥4.11 Billion | CN¥5.23 Billion | CN¥2.04 Billion | ▲ +3.1 pp |
| 2014 | 74.4% | CN¥2.80 Billion | CN¥3.77 Billion | CN¥4.43 Billion | CN¥1.63 Billion | ▲ +2.7 pp |
| 2013 | 71.7% | CN¥2.46 Billion | CN¥3.44 Billion | CN¥3.98 Billion | CN¥1.52 Billion | ▼ -2.2 pp |
| 2012 | 73.9% | CN¥2.24 Billion | CN¥3.03 Billion | CN¥3.51 Billion | CN¥1.27 Billion | ▲ +0.8 pp |
| 2011 | 73.1% | CN¥2.06 Billion | CN¥2.82 Billion | CN¥2.99 Billion | CN¥928.80 Million | ▼ -2.9 pp |
| 2010 | 76.0% | CN¥2.35 Billion | CN¥3.09 Billion | CN¥3.31 Billion | CN¥958.61 Million | ▲ +14.4 pp |
| 2009 | 61.6% | CN¥1.85 Billion | CN¥3.00 Billion | CN¥2.64 Billion | CN¥789.25 Million | ▲ +20.3 pp |
| 2008 | 41.3% | CN¥930.22 Million | CN¥2.25 Billion | CN¥1.60 Billion | CN¥673.87 Million | ▲ +7.0 pp |
| 2007 | 34.3% | CN¥644.22 Million | CN¥1.88 Billion | CN¥1.45 Billion | CN¥802.35 Million | ▲ +1.5 pp |
| 2006 | 32.8% | CN¥216.91 Million | CN¥662.13 Million | CN¥920.36 Million | CN¥703.45 Million | ▼ -30.4 pp |
| 2005 | 63.2% | CN¥302.59 Million | CN¥478.86 Million | CN¥643.54 Million | CN¥340.95 Million | ▼ -17.6 pp |
| 2004 | 80.8% | CN¥322.73 Million | CN¥399.43 Million | CN¥564.27 Million | CN¥241.54 Million | ▲ +21.7 pp |
| 2003 | 59.1% | CN¥65.38 Million | CN¥110.59 Million | CN¥112.54 Million | CN¥47.17 Million | ▲ +10.5 pp |
| 2002 | 48.6% | CN¥36.75 Million | CN¥75.64 Million | CN¥81.96 Million | CN¥45.21 Million | ▼ -27.4 pp |
| 2001 | 76.0% | CN¥49.57 Million | CN¥65.21 Million | CN¥86.59 Million | CN¥37.02 Million | — |