Guangdong Vanward New Electric Co Ltd Working Capital to Net Assets Ratio

Latest as of June 2026: 18.6%

Guangdong Vanward New Electric Co Ltd working capital to net assets ratio. Guangdong Vanward New Electric Co Ltd (002543) has a Working Capital to Net Assets ratio of 18.6% as of June 2026. Working capital of CN¥860.78 Million (current assets of CN¥3.98 Billion minus current liabilities of CN¥3.12 Billion) is measured against net assets of CN¥4.63 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Guangdong Vanward New Electric Co Ltd (002543) tangible equity ratio to evaluate the tangible quality of the company's equity base.

WC/NA Ratio

18.6%
Working Capital / Net Assets

Working Capital

CN¥860.78 Million
CNY

Current Assets

CN¥3.98 Billion
CNY

Current Liabilities

CN¥3.12 Billion
CNY

Working Capital to Net Assets Ratio of Guangdong Vanward New Electric Co Ltd (2007–2025)

Working capital to net assets ratio of Guangdong Vanward New Electric Co Ltd from 2007 to 2025. This chart shows how Guangdong Vanward New Electric Co Ltd's Working Capital to Net Assets ratio has evolved across 19 annual periods from 2007 to 2025. As of June 2026, the ratio stands at 18.6%, reflecting working capital of CN¥860.78 Million against net assets of CN¥4.63 Billion CNY. See 002543 days of operational coverage to measure how many days the company can operate on defensive assets alone.

Guangdong Vanward New Electric Co Ltd Working Capital to Net Assets Ratio by Year (2007–2025)

Guangdong Vanward New Electric 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 Guangdong Vanward New Electric 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 002543 total asset value.

Year WC/NA Ratio Working Capital (CNY) Net Assets Current Assets Current Liabilities Change (pp)
2025 18.8% CN¥902.87 Million CN¥4.80 Billion CN¥4.16 Billion CN¥3.26 Billion ▼ -12.2 pp
2024 31.0% CN¥1.48 Billion CN¥4.75 Billion CN¥5.45 Billion CN¥3.98 Billion ▼ -2.0 pp
2023 33.1% CN¥1.52 Billion CN¥4.60 Billion CN¥5.32 Billion CN¥3.79 Billion ▼ -1.3 pp
2022 34.4% CN¥1.49 Billion CN¥4.32 Billion CN¥3.81 Billion CN¥2.32 Billion ▲ +14.4 pp
2021 20.0% CN¥802.91 Million CN¥4.01 Billion CN¥4.63 Billion CN¥3.83 Billion ▲ +8.2 pp
2020 11.9% CN¥482.60 Million CN¥4.07 Billion CN¥4.09 Billion CN¥3.61 Billion ▼ -6.6 pp
2019 18.4% CN¥720.64 Million CN¥3.91 Billion CN¥3.69 Billion CN¥2.97 Billion ▲ +1.1 pp
2018 17.3% CN¥596.78 Million CN¥3.45 Billion CN¥3.87 Billion CN¥3.27 Billion ▲ +6.2 pp
2017 11.2% CN¥354.16 Million CN¥3.18 Billion CN¥3.61 Billion CN¥3.26 Billion ▼ -36.3 pp
2016 47.4% CN¥1.39 Billion CN¥2.92 Billion CN¥3.47 Billion CN¥2.08 Billion ▼ -4.8 pp
2015 52.2% CN¥1.47 Billion CN¥2.82 Billion CN¥2.83 Billion CN¥1.35 Billion ▲ +2.4 pp
2014 49.9% CN¥1.29 Billion CN¥2.58 Billion CN¥2.39 Billion CN¥1.10 Billion ▼ -6.5 pp
2013 56.4% CN¥1.43 Billion CN¥2.54 Billion CN¥2.41 Billion CN¥975.10 Million ▼ -4.2 pp
2012 60.6% CN¥1.42 Billion CN¥2.35 Billion CN¥2.19 Billion CN¥768.50 Million ▼ -9.6 pp
2011 70.2% CN¥1.54 Billion CN¥2.19 Billion CN¥2.11 Billion CN¥572.28 Million ▲ +45.2 pp
2010 25.0% CN¥151.13 Million CN¥603.52 Million CN¥850.53 Million CN¥699.40 Million ▲ +26.1 pp
2009 -1.1% CN¥-4.45 Million CN¥406.01 Million CN¥686.11 Million CN¥690.56 Million ▲ +25.1 pp
2008 -26.2% CN¥-71.66 Million CN¥273.28 Million CN¥640.59 Million CN¥712.24 Million ▲ +28.3 pp
2007 -54.5% CN¥-73.63 Million CN¥134.99 Million CN¥714.58 Million CN¥788.21 Million —
pp = percentage points