Guizhou Qianyuan Power Co Ltd Working Capital to Net Assets Ratio
Guizhou Qianyuan Power Co Ltd working capital to net assets ratio. Guizhou Qianyuan Power Co Ltd (002039) has a Working Capital to Net Assets ratio of -44.0% as of June 2025. Working capital of CN¥-3.05 Billion (current assets of CN¥588.07 Million minus current liabilities of CN¥3.64 Billion) is measured against net assets of CN¥6.94 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Guizhou Qianyuan Power Co Ltd (002039) tangible net worth 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 Guizhou Qianyuan Power Co Ltd (2015–2024)
Working capital to net assets ratio of Guizhou Qianyuan Power Co Ltd from 2015 to 2024. This chart shows how Guizhou Qianyuan Power Co Ltd's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2015 to 2024. As of June 2025, the ratio stands at -44.0%, reflecting working capital of CN¥-3.05 Billion against net assets of CN¥6.94 Billion CNY. See Guizhou Qianyuan Power Co Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Guizhou Qianyuan Power Co Ltd Working Capital to Net Assets Ratio by Year (2015–2024)
Guizhou Qianyuan Power Co Ltd working capital to net assets ratio by year from 2015 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Guizhou Qianyuan Power Co Ltd from 2015 to 2024, covering 10 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 002039 current and non-current assets.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -50.1% | CN¥-3.42 Billion | CN¥6.83 Billion | CN¥403.25 Million | CN¥3.82 Billion | ▼ -17.7 pp |
| 2023 | -32.5% | CN¥-2.15 Billion | CN¥6.63 Billion | CN¥491.53 Million | CN¥2.64 Billion | ▼ -9.2 pp |
| 2022 | -23.3% | CN¥-1.49 Billion | CN¥6.42 Billion | CN¥881.29 Million | CN¥2.38 Billion | ▲ +10.3 pp |
| 2021 | -33.6% | CN¥-1.95 Billion | CN¥5.80 Billion | CN¥715.06 Million | CN¥2.66 Billion | ▲ +22.8 pp |
| 2020 | -56.4% | CN¥-3.14 Billion | CN¥5.56 Billion | CN¥481.19 Million | CN¥3.62 Billion | ▼ -9.1 pp |
| 2019 | -47.3% | CN¥-2.37 Billion | CN¥5.01 Billion | CN¥543.51 Million | CN¥2.92 Billion | ▼ -3.4 pp |
| 2018 | -43.9% | CN¥-2.09 Billion | CN¥4.77 Billion | CN¥1.14 Billion | CN¥3.23 Billion | ▼ -12.7 pp |
| 2017 | -31.2% | CN¥-1.38 Billion | CN¥4.44 Billion | CN¥881.63 Million | CN¥2.27 Billion | ▼ -19.9 pp |
| 2016 | -11.2% | CN¥-469.05 Million | CN¥4.17 Billion | CN¥702.94 Million | CN¥1.17 Billion | ▲ +2.5 pp |
| 2015 | -13.7% | CN¥-588.53 Million | CN¥4.30 Billion | CN¥1.11 Billion | CN¥1.70 Billion | — |