Suzhou Hengmingda Electronic Technology Co Ltd (002947) — Working Capital to Net Assets Ratio
Suzhou Hengmingda Electronic Technology Co Ltd (002947) has a Working Capital to Net Assets ratio of 84.8% as of June 2026. Working capital of CN¥2.76 Billion (current assets of CN¥3.54 Billion minus current liabilities of CN¥776.08 Million) is measured against net assets of CN¥3.26 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See operational self-sufficiency of Suzhou Hengmingda Electronic Technology to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Suzhou Hengmingda Electronic Technology Co Ltd Working Capital to Net Assets (2014–2025)
This chart shows how Suzhou Hengmingda Electronic Technology Co Ltd's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2014 to 2025. As of June 2026, the ratio stands at 84.8%, reflecting working capital of CN¥2.76 Billion against net assets of CN¥3.26 Billion CNY. For the complete balance sheet picture, see Suzhou Hengmingda Electronic Technology balance sheet assets.
Annual Working Capital to Net Assets for Suzhou Hengmingda Electronic Technology Co Ltd (2014–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Suzhou Hengmingda Electronic Technology Co Ltd from 2014 to 2025, covering 12 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 Suzhou Hengmingda Electronic Technology (002947) liquid assets ratio 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 | 87.6% | CN¥2.75 Billion | CN¥3.14 Billion | CN¥3.71 Billion | CN¥958.96 Million | ▲ +8.5 pp |
| 2024 | 79.0% | CN¥2.51 Billion | CN¥3.17 Billion | CN¥3.21 Billion | CN¥708.94 Million | ▲ +8.8 pp |
| 2023 | 70.2% | CN¥1.48 Billion | CN¥2.10 Billion | CN¥2.09 Billion | CN¥613.33 Million | ▼ -2.2 pp |
| 2022 | 72.5% | CN¥1.35 Billion | CN¥1.87 Billion | CN¥1.91 Billion | CN¥555.12 Million | ▼ -1.1 pp |
| 2021 | 73.6% | CN¥1.27 Billion | CN¥1.72 Billion | CN¥1.73 Billion | CN¥464.85 Million | ▼ -3.2 pp |
| 2020 | 76.8% | CN¥983.74 Million | CN¥1.28 Billion | CN¥1.36 Billion | CN¥376.88 Million | ▼ -10.2 pp |
| 2019 | 87.0% | CN¥1.06 Billion | CN¥1.22 Billion | CN¥1.19 Billion | CN¥136.75 Million | ▲ +14.6 pp |
| 2018 | 72.3% | CN¥396.96 Million | CN¥548.92 Million | CN¥494.14 Million | CN¥97.18 Million | ▲ +0.7 pp |
| 2017 | 71.6% | CN¥302.71 Million | CN¥422.91 Million | CN¥407.76 Million | CN¥105.04 Million | ▲ +31.6 pp |
| 2016 | 40.0% | CN¥72.24 Million | CN¥180.76 Million | CN¥333.24 Million | CN¥261.00 Million | ▼ -29.0 pp |
| 2015 | 69.0% | CN¥139.69 Million | CN¥202.53 Million | CN¥329.16 Million | CN¥189.47 Million | ▼ -15.6 pp |
| 2014 | 84.6% | CN¥176.74 Million | CN¥208.88 Million | CN¥261.44 Million | CN¥84.70 Million | — |