Huaming Power Equipment Co Ltd (002270) — Working Capital to Net Assets Ratio
Huaming Power Equipment Co Ltd (002270) has a Working Capital to Net Assets ratio of 70.3% as of September 2025. Working capital of CN¥2.25 Billion (current assets of CN¥3.18 Billion minus current liabilities of CN¥926.77 Million) is measured against net assets of CN¥3.20 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Huaming Power Equipment Co Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Huaming Power Equipment Co Ltd Working Capital to Net Assets (2005–2024)
This chart shows how Huaming Power Equipment Co Ltd's Working Capital to Net Assets ratio has evolved across 20 annual periods from 2005 to 2024. As of September 2025, the ratio stands at 70.3%, reflecting working capital of CN¥2.25 Billion against net assets of CN¥3.20 Billion CNY. For the complete balance sheet picture, see how large is Huaming Power Equipment Co Ltd's balance sheet.
Annual Working Capital to Net Assets for Huaming Power Equipment Co Ltd (2005–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Huaming Power Equipment Co Ltd from 2005 to 2024, covering 20 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 financial resilience of Huaming Power Equipment Co Ltd to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 63.6% | CN¥2.02 Billion | CN¥3.18 Billion | CN¥3.01 Billion | CN¥992.26 Million | ▼ -3.1 pp |
| 2023 | 66.7% | CN¥2.24 Billion | CN¥3.36 Billion | CN¥2.98 Billion | CN¥740.56 Million | ▲ +3.0 pp |
| 2022 | 63.7% | CN¥2.13 Billion | CN¥3.34 Billion | CN¥2.89 Billion | CN¥761.84 Million | ▲ +2.6 pp |
| 2021 | 61.0% | CN¥1.74 Billion | CN¥2.85 Billion | CN¥2.58 Billion | CN¥842.88 Million | ▼ -14.9 pp |
| 2020 | 76.0% | CN¥1.99 Billion | CN¥2.62 Billion | CN¥2.52 Billion | CN¥531.97 Million | ▼ -0.7 pp |
| 2019 | 76.7% | CN¥1.85 Billion | CN¥2.41 Billion | CN¥2.38 Billion | CN¥529.79 Million | ▼ -3.5 pp |
| 2018 | 80.2% | CN¥1.88 Billion | CN¥2.35 Billion | CN¥2.86 Billion | CN¥976.59 Million | ▲ +4.6 pp |
| 2017 | 75.6% | CN¥1.65 Billion | CN¥2.18 Billion | CN¥2.62 Billion | CN¥969.32 Million | ▲ +3.2 pp |
| 2016 | 72.3% | CN¥1.36 Billion | CN¥1.88 Billion | CN¥1.73 Billion | CN¥367.81 Million | ▲ +4.1 pp |
| 2015 | 68.2% | CN¥1.15 Billion | CN¥1.68 Billion | CN¥1.46 Billion | CN¥317.57 Million | ▲ +26.2 pp |
| 2014 | 42.1% | CN¥248.57 Million | CN¥590.66 Million | CN¥393.60 Million | CN¥145.03 Million | ▲ +3.5 pp |
| 2013 | 38.6% | CN¥224.63 Million | CN¥581.74 Million | CN¥417.47 Million | CN¥192.84 Million | ▲ +4.4 pp |
| 2012 | 34.2% | CN¥196.01 Million | CN¥572.69 Million | CN¥411.09 Million | CN¥215.08 Million | ▲ +2.8 pp |
| 2011 | 31.5% | CN¥176.54 Million | CN¥560.86 Million | CN¥377.17 Million | CN¥200.64 Million | ▼ -14.8 pp |
| 2010 | 46.3% | CN¥253.90 Million | CN¥548.60 Million | CN¥473.62 Million | CN¥219.72 Million | ▼ -12.7 pp |
| 2009 | 59.0% | CN¥325.63 Million | CN¥552.09 Million | CN¥465.04 Million | CN¥139.41 Million | ▼ -10.1 pp |
| 2008 | 69.1% | CN¥348.81 Million | CN¥504.64 Million | CN¥501.95 Million | CN¥153.14 Million | ▲ +51.2 pp |
| 2007 | 17.9% | CN¥26.96 Million | CN¥150.87 Million | CN¥189.89 Million | CN¥162.93 Million | ▼ -33.9 pp |
| 2006 | 51.8% | CN¥86.37 Million | CN¥166.87 Million | CN¥165.77 Million | CN¥79.40 Million | ▼ -2.1 pp |
| 2005 | 53.9% | CN¥67.76 Million | CN¥125.79 Million | CN¥137.20 Million | CN¥69.45 Million | — |