Hunan Changgao High Voltage Switchgear Group Co Ltd Working Capital to Net Assets Ratio
Hunan Changgao High Voltage Switchgear Group Co Ltd working capital to net assets ratio. Hunan Changgao High Voltage Switchgear Group Co Ltd (002452) has a Working Capital to Net Assets ratio of 98.2% as of March 2026. Working capital of CN¥2.76 Billion (current assets of CN¥3.57 Billion minus current liabilities of CN¥812.63 Million) is measured against net assets of CN¥2.81 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Hunan Changgao High Voltage Switchgear G tangible equity quality 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 Hunan Changgao High Voltage Switchgear Group Co Ltd (2007–2025)
Working capital to net assets ratio of Hunan Changgao High Voltage Switchgear Group Co Ltd from 2007 to 2025. This chart shows how Hunan Changgao High Voltage Switchgear Group Co Ltd's Working Capital to Net Assets ratio has evolved across 19 annual periods from 2007 to 2025. As of March 2026, the ratio stands at 98.2%, reflecting working capital of CN¥2.76 Billion against net assets of CN¥2.81 Billion CNY. See defensive interval ratio of Hunan Changgao High Voltage Switchgear G to measure how many days the company can operate on defensive assets alone.
Hunan Changgao High Voltage Switchgear Group Co Ltd Working Capital to Net Assets Ratio by Year (2007–2025)
Hunan Changgao High Voltage Switchgear Group Co Ltd working capital to net assets ratio by year from 2007 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Hunan Changgao High Voltage Switchgear Group Co Ltd from 2007 to 2025, covering 19 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 how large is Hunan Changgao High Voltage Switchgear G's balance sheet.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 72.2% | CN¥1.96 Billion | CN¥2.72 Billion | CN¥2.79 Billion | CN¥829.93 Million | ▲ +1.0 pp |
| 2024 | 71.2% | CN¥1.72 Billion | CN¥2.41 Billion | CN¥2.54 Billion | CN¥822.89 Million | ▲ +0.2 pp |
| 2023 | 70.9% | CN¥1.60 Billion | CN¥2.26 Billion | CN¥2.29 Billion | CN¥688.57 Million | ▼ -0.8 pp |
| 2022 | 71.8% | CN¥1.51 Billion | CN¥2.10 Billion | CN¥2.33 Billion | CN¥819.79 Million | ▲ +1.7 pp |
| 2021 | 70.0% | CN¥1.47 Billion | CN¥2.09 Billion | CN¥2.49 Billion | CN¥1.02 Billion | ▲ +40.4 pp |
| 2020 | 29.7% | CN¥434.60 Million | CN¥1.47 Billion | CN¥2.14 Billion | CN¥1.70 Billion | ▼ -4.3 pp |
| 2019 | 33.9% | CN¥430.56 Million | CN¥1.27 Billion | CN¥1.83 Billion | CN¥1.40 Billion | ▼ -16.0 pp |
| 2018 | 50.0% | CN¥569.30 Million | CN¥1.14 Billion | CN¥1.64 Billion | CN¥1.07 Billion | ▼ -20.6 pp |
| 2017 | 70.6% | CN¥983.87 Million | CN¥1.39 Billion | CN¥2.12 Billion | CN¥1.13 Billion | ▼ -9.5 pp |
| 2016 | 80.1% | CN¥1.06 Billion | CN¥1.33 Billion | CN¥2.18 Billion | CN¥1.12 Billion | ▼ -3.3 pp |
| 2015 | 83.4% | CN¥1.03 Billion | CN¥1.23 Billion | CN¥1.45 Billion | CN¥426.96 Million | ▲ +6.7 pp |
| 2014 | 76.7% | CN¥904.20 Million | CN¥1.18 Billion | CN¥1.11 Billion | CN¥208.40 Million | ▲ +1.4 pp |
| 2013 | 75.2% | CN¥824.33 Million | CN¥1.10 Billion | CN¥1.02 Billion | CN¥197.89 Million | ▲ +0.8 pp |
| 2012 | 74.5% | CN¥782.66 Million | CN¥1.05 Billion | CN¥979.04 Million | CN¥196.38 Million | ▼ -2.5 pp |
| 2011 | 77.0% | CN¥784.57 Million | CN¥1.02 Billion | CN¥1.02 Billion | CN¥240.34 Million | ▼ -9.9 pp |
| 2010 | 86.9% | CN¥851.29 Million | CN¥979.75 Million | CN¥1.00 Billion | CN¥149.68 Million | ▲ +20.7 pp |
| 2009 | 66.2% | CN¥212.41 Million | CN¥320.98 Million | CN¥424.59 Million | CN¥212.18 Million | ▲ +9.8 pp |
| 2008 | 56.4% | CN¥139.70 Million | CN¥247.79 Million | CN¥363.57 Million | CN¥223.88 Million | ▲ +4.0 pp |
| 2007 | 52.4% | CN¥80.90 Million | CN¥154.46 Million | CN¥257.94 Million | CN¥177.04 Million | — |