Hangzhou Star Shuaier Electric Appliance Co Ltd (002860) — Working Capital to Net Assets Ratio
Hangzhou Star Shuaier Electric Appliance Co Ltd (002860) has a Working Capital to Net Assets ratio of 70.0% as of March 2026. Working capital of CN¥1.64 Billion (current assets of CN¥3.10 Billion minus current liabilities of CN¥1.46 Billion) is measured against net assets of CN¥2.35 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Hangzhou Star Shuaier Electric Appliance (002860) balance sheet quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Hangzhou Star Shuaier Electric Appliance Co Ltd Working Capital to Net Assets (2012–2025)
This chart shows how Hangzhou Star Shuaier Electric Appliance Co Ltd's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2012 to 2025. As of March 2026, the ratio stands at 70.0%, reflecting working capital of CN¥1.64 Billion against net assets of CN¥2.35 Billion CNY. Check tangible net worth ratio of Hangzhou Star Shuaier Electric Appliance to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Hangzhou Star Shuaier Electric Appliance Co Ltd (2012–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Hangzhou Star Shuaier Electric Appliance Co Ltd from 2012 to 2025, covering 14 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 Hangzhou Star Shuaier Electric Appliance market cap and net worth.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 69.1% | CN¥1.58 Billion | CN¥2.29 Billion | CN¥2.89 Billion | CN¥1.31 Billion | ▼ -10.8 pp |
| 2024 | 79.9% | CN¥1.49 Billion | CN¥1.86 Billion | CN¥2.74 Billion | CN¥1.25 Billion | ▲ +1.6 pp |
| 2023 | 78.3% | CN¥1.35 Billion | CN¥1.73 Billion | CN¥2.61 Billion | CN¥1.26 Billion | ▲ +20.6 pp |
| 2022 | 57.7% | CN¥817.25 Million | CN¥1.42 Billion | CN¥1.84 Billion | CN¥1.02 Billion | ▼ -15.4 pp |
| 2021 | 73.1% | CN¥909.68 Million | CN¥1.24 Billion | CN¥1.33 Billion | CN¥424.04 Million | ▼ -8.1 pp |
| 2020 | 81.2% | CN¥849.99 Million | CN¥1.05 Billion | CN¥1.22 Billion | CN¥371.61 Million | ▲ +19.1 pp |
| 2019 | 62.1% | CN¥687.12 Million | CN¥1.11 Billion | CN¥925.20 Million | CN¥238.07 Million | ▼ -1.4 pp |
| 2018 | 63.4% | CN¥470.29 Million | CN¥741.35 Million | CN¥624.68 Million | CN¥154.38 Million | ▲ +2.3 pp |
| 2017 | 61.1% | CN¥406.35 Million | CN¥664.58 Million | CN¥553.41 Million | CN¥147.07 Million | ▼ -4.8 pp |
| 2016 | 65.9% | CN¥221.55 Million | CN¥336.18 Million | CN¥306.55 Million | CN¥85.00 Million | ▲ +11.2 pp |
| 2015 | 54.7% | CN¥153.42 Million | CN¥280.68 Million | CN¥253.68 Million | CN¥100.25 Million | ▲ +8.0 pp |
| 2014 | 46.7% | CN¥111.59 Million | CN¥239.08 Million | CN¥202.18 Million | CN¥90.58 Million | ▲ +7.6 pp |
| 2013 | 39.1% | CN¥75.67 Million | CN¥193.45 Million | CN¥200.59 Million | CN¥124.92 Million | ▼ -27.9 pp |
| 2012 | 67.0% | CN¥102.44 Million | CN¥152.78 Million | CN¥150.03 Million | CN¥47.59 Million | — |