Taier Heavy Industry Co Ltd Working Capital to Net Assets Ratio

Latest as of June 2025: 57.1%

Taier Heavy Industry Co Ltd working capital to net assets ratio. Taier Heavy Industry Co Ltd (002347) has a Working Capital to Net Assets ratio of 57.1% as of June 2025. Working capital of CN¥691.74 Million (current assets of CN¥1.76 Billion minus current liabilities of CN¥1.06 Billion) is measured against net assets of CN¥1.21 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check how tangible is Taier Heavy Industry Co Ltd's equity to evaluate the tangible quality of the company's equity base.

WC/NA Ratio

57.1%
Working Capital / Net Assets

Working Capital

CN¥691.74 Million
CNY

Current Assets

CN¥1.76 Billion
CNY

Current Liabilities

CN¥1.06 Billion
CNY

Working Capital to Net Assets Ratio of Taier Heavy Industry Co Ltd (2015–2024)

Working capital to net assets ratio of Taier Heavy Industry Co Ltd from 2015 to 2024. This chart shows how Taier Heavy Industry 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 57.1%, reflecting working capital of CN¥691.74 Million against net assets of CN¥1.21 Billion CNY. See Taier Heavy Industry Co Ltd (002347) defensive interval to measure how many days the company can operate on defensive assets alone.

Taier Heavy Industry Co Ltd Working Capital to Net Assets Ratio by Year (2015–2024)

Taier Heavy Industry 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 Taier Heavy Industry 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 002347 asset base.

Year WC/NA Ratio Working Capital (CNY) Net Assets Current Assets Current Liabilities Change (pp)
2024 54.2% CN¥673.03 Million CN¥1.24 Billion CN¥1.93 Billion CN¥1.25 Billion ▲ +2.4 pp
2023 51.8% CN¥632.50 Million CN¥1.22 Billion CN¥1.85 Billion CN¥1.21 Billion ▼ -8.8 pp
2022 60.6% CN¥765.47 Million CN¥1.26 Billion CN¥1.96 Billion CN¥1.20 Billion ▼ -8.9 pp
2021 69.6% CN¥955.94 Million CN¥1.37 Billion CN¥2.12 Billion CN¥1.17 Billion ▲ +6.2 pp
2020 63.3% CN¥738.20 Million CN¥1.17 Billion CN¥1.59 Billion CN¥849.26 Million ▲ +1.4 pp
2019 61.9% CN¥728.28 Million CN¥1.18 Billion CN¥1.70 Billion CN¥972.40 Million ▲ +4.0 pp
2018 57.9% CN¥665.82 Million CN¥1.15 Billion CN¥1.71 Billion CN¥1.04 Billion ▲ +3.5 pp
2017 54.4% CN¥617.30 Million CN¥1.13 Billion CN¥1.45 Billion CN¥827.71 Million ▼ -2.2 pp
2016 56.6% CN¥692.23 Million CN¥1.22 Billion CN¥1.27 Billion CN¥575.96 Million ▲ +5.1 pp
2015 51.6% CN¥624.88 Million CN¥1.21 Billion CN¥1.11 Billion CN¥489.34 Million —
pp = percentage points