Goldcup Electric Apparatus Co Ltd (002533) — Working Capital to Net Assets Ratio

Latest as of September 2025: 55.9%

Goldcup Electric Apparatus Co Ltd (002533) has a Working Capital to Net Assets ratio of 55.9% as of September 2025. Working capital of CN¥2.69 Billion (current assets of CN¥8.99 Billion minus current liabilities of CN¥6.30 Billion) is measured against net assets of CN¥4.81 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 002533 equity to assets ratio to measure how much of total assets are equity-financed.

WC/NA Ratio

55.9%
Working Capital / Net Assets

Working Capital

CN¥2.69 Billion
CNY

Current Assets

CN¥8.99 Billion
CNY

Current Liabilities

CN¥6.30 Billion
CNY

Goldcup Electric Apparatus Co Ltd Working Capital to Net Assets (2007–2024)

This chart shows how Goldcup Electric Apparatus Co Ltd's Working Capital to Net Assets ratio has evolved across 18 annual periods from 2007 to 2024. As of September 2025, the ratio stands at 55.9%, reflecting working capital of CN¥2.69 Billion against net assets of CN¥4.81 Billion CNY. Check Goldcup Electric Apparatus Co Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.

Annual Working Capital to Net Assets for Goldcup Electric Apparatus Co Ltd (2007–2024)

The table below presents the year-by-year Working Capital to Net Assets ratio for Goldcup Electric Apparatus Co Ltd from 2007 to 2024, covering 18 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 live market cap and the full company profile, see market cap of Goldcup Electric Apparatus Co Ltd.

Year WC/NA Ratio Working Capital (CNY) Net Assets Current Assets Current Liabilities Change (pp)
2024 60.7% CN¥2.65 Billion CN¥4.36 Billion CN¥7.61 Billion CN¥4.96 Billion ▲ +1.3 pp
2023 59.4% CN¥2.55 Billion CN¥4.28 Billion CN¥6.39 Billion CN¥3.85 Billion ▲ +11.4 pp
2022 48.0% CN¥1.91 Billion CN¥3.97 Billion CN¥5.18 Billion CN¥3.27 Billion ▼ -5.2 pp
2021 53.2% CN¥1.99 Billion CN¥3.74 Billion CN¥5.16 Billion CN¥3.17 Billion ▼ -11.8 pp
2020 65.0% CN¥2.32 Billion CN¥3.57 Billion CN¥4.78 Billion CN¥2.45 Billion ▲ +15.5 pp
2019 49.4% CN¥1.29 Billion CN¥2.62 Billion CN¥3.20 Billion CN¥1.91 Billion ▼ -8.5 pp
2018 57.9% CN¥1.48 Billion CN¥2.56 Billion CN¥2.86 Billion CN¥1.37 Billion ▲ +5.5 pp
2017 52.4% CN¥1.32 Billion CN¥2.52 Billion CN¥2.24 Billion CN¥918.76 Million ▼ -9.9 pp
2016 62.3% CN¥1.52 Billion CN¥2.43 Billion CN¥2.15 Billion CN¥636.29 Million ▼ -2.1 pp
2015 64.4% CN¥1.44 Billion CN¥2.23 Billion CN¥1.98 Billion CN¥543.82 Million ▼ -1.2 pp
2014 65.6% CN¥1.40 Billion CN¥2.14 Billion CN¥2.07 Billion CN¥667.99 Million ▼ -0.6 pp
2013 66.3% CN¥1.32 Billion CN¥2.00 Billion CN¥1.89 Billion CN¥564.91 Million ▼ -4.7 pp
2012 71.0% CN¥1.37 Billion CN¥1.92 Billion CN¥1.79 Billion CN¥424.63 Million ▼ -3.0 pp
2011 74.0% CN¥1.27 Billion CN¥1.72 Billion CN¥1.71 Billion CN¥436.07 Million ▼ -8.9 pp
2010 82.8% CN¥1.40 Billion CN¥1.69 Billion CN¥1.94 Billion CN¥533.03 Million ▲ +21.5 pp
2009 61.3% CN¥330.01 Million CN¥538.27 Million CN¥739.92 Million CN¥409.91 Million ▲ +5.5 pp
2008 55.8% CN¥186.29 Million CN¥333.95 Million CN¥543.82 Million CN¥357.53 Million ▲ +15.7 pp
2007 40.1% CN¥103.93 Million CN¥259.42 Million CN¥457.90 Million CN¥353.97 Million
pp = percentage points