Shenzhen Haoningda Meters Co Ltd (002356) — Working Capital to Net Assets Ratio
Shenzhen Haoningda Meters Co Ltd (002356) has a Working Capital to Net Assets ratio of 55.5% as of March 2026. Working capital of CN¥387.57 Million (current assets of CN¥465.18 Million minus current liabilities of CN¥77.60 Million) is measured against net assets of CN¥698.89 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See defensive interval ratio of Shenzhen Haoningda Meters Co Ltd to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Shenzhen Haoningda Meters Co Ltd Working Capital to Net Assets (2006–2025)
This chart shows how Shenzhen Haoningda Meters Co Ltd's Working Capital to Net Assets ratio has evolved across 20 annual periods from 2006 to 2025. As of March 2026, the ratio stands at 55.5%, reflecting working capital of CN¥387.57 Million against net assets of CN¥698.89 Million CNY. For the complete balance sheet picture, see Shenzhen Haoningda Meters Co Ltd (002356) total assets.
Annual Working Capital to Net Assets for Shenzhen Haoningda Meters Co Ltd (2006–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Shenzhen Haoningda Meters Co Ltd from 2006 to 2025, 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 002356 financial resilience 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 | 54.5% | CN¥385.21 Million | CN¥707.03 Million | CN¥484.85 Million | CN¥99.64 Million | ▼ -6.3 pp |
| 2024 | 60.8% | CN¥384.95 Million | CN¥633.57 Million | CN¥571.05 Million | CN¥186.11 Million | ▼ -24.3 pp |
| 2023 | 85.0% | CN¥501.11 Million | CN¥589.47 Million | CN¥701.78 Million | CN¥200.66 Million | ▲ +1.9 pp |
| 2022 | 83.1% | CN¥512.51 Million | CN¥616.77 Million | CN¥729.94 Million | CN¥217.44 Million | ▲ +2.0 pp |
| 2021 | 81.1% | CN¥559.39 Million | CN¥690.00 Million | CN¥930.02 Million | CN¥370.63 Million | ▲ +2.7 pp |
| 2020 | 78.4% | CN¥-2.34 Billion | CN¥-2.99 Billion | CN¥948.41 Million | CN¥3.29 Billion | ▼ -8.7 pp |
| 2019 | 87.1% | CN¥-2.13 Billion | CN¥-2.44 Billion | CN¥1.51 Billion | CN¥3.63 Billion | ▲ +1616.8 pp |
| 2018 | -1529.7% | CN¥-735.75 Million | CN¥48.10 Million | CN¥2.79 Billion | CN¥3.53 Billion | ▼ -1515.6 pp |
| 2017 | -14.0% | CN¥-306.99 Million | CN¥2.19 Billion | CN¥3.86 Billion | CN¥4.16 Billion | ▼ -14.8 pp |
| 2016 | 0.8% | CN¥14.82 Million | CN¥1.89 Billion | CN¥2.83 Billion | CN¥2.82 Billion | ▼ -47.6 pp |
| 2015 | 48.4% | CN¥775.86 Million | CN¥1.60 Billion | CN¥1.76 Billion | CN¥987.07 Million | ▼ -1.8 pp |
| 2014 | 50.2% | CN¥743.36 Million | CN¥1.48 Billion | CN¥1.60 Billion | CN¥854.68 Million | ▼ -22.2 pp |
| 2013 | 72.4% | CN¥694.42 Million | CN¥959.67 Million | CN¥1.13 Billion | CN¥437.05 Million | ▼ -6.2 pp |
| 2012 | 78.5% | CN¥753.48 Million | CN¥959.64 Million | CN¥1.20 Billion | CN¥447.30 Million | ▼ -5.2 pp |
| 2011 | 83.7% | CN¥799.98 Million | CN¥955.49 Million | CN¥1.11 Billion | CN¥314.23 Million | ▼ -3.5 pp |
| 2010 | 87.3% | CN¥815.15 Million | CN¥934.11 Million | CN¥1.08 Billion | CN¥264.62 Million | ▲ +19.4 pp |
| 2009 | 67.9% | CN¥179.49 Million | CN¥264.38 Million | CN¥350.28 Million | CN¥170.78 Million | ▼ -5.4 pp |
| 2008 | 73.3% | CN¥153.79 Million | CN¥209.74 Million | CN¥309.21 Million | CN¥155.42 Million | ▲ +4.9 pp |
| 2007 | 68.5% | CN¥121.85 Million | CN¥177.98 Million | CN¥242.26 Million | CN¥120.41 Million | ▲ +15.2 pp |
| 2006 | 53.2% | CN¥65.43 Million | CN¥122.88 Million | CN¥203.59 Million | CN¥138.17 Million | — |