China Southern Power Grid Energy Efficiency & Clean Energy Co Ltd (003035) — Working Capital to Net Assets Ratio
China Southern Power Grid Energy Efficiency & Clean Energy Co Ltd (003035) has a Working Capital to Net Assets ratio of 11.2% as of September 2025. Working capital of CN¥874.02 Million (current assets of CN¥4.96 Billion minus current liabilities of CN¥4.09 Billion) is measured against net assets of CN¥7.81 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 003035 days of operational coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
China Southern Power Grid Energy Efficiency & Clean Energy Co Ltd Working Capital to Net Assets (2016–2024)
This chart shows how China Southern Power Grid Energy Efficiency & Clean Energy Co Ltd's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2016 to 2024. As of September 2025, the ratio stands at 11.2%, reflecting working capital of CN¥874.02 Million against net assets of CN¥7.81 Billion CNY. For the complete balance sheet picture, see balance sheet size of China Southern Power Grid Energy Efficie.
Annual Working Capital to Net Assets for China Southern Power Grid Energy Efficiency & Clean Energy Co Ltd (2016–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for China Southern Power Grid Energy Efficiency & Clean Energy Co Ltd from 2016 to 2024, covering 9 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. Read China Southern Power Grid Energy Efficie debt and liabilities for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -4.3% | CN¥-314.96 Million | CN¥7.39 Billion | CN¥4.61 Billion | CN¥4.93 Billion | ▲ +12.5 pp |
| 2023 | -16.7% | CN¥-1.24 Billion | CN¥7.42 Billion | CN¥4.22 Billion | CN¥5.46 Billion | ▼ -25.6 pp |
| 2022 | 8.9% | CN¥627.97 Million | CN¥7.05 Billion | CN¥3.54 Billion | CN¥2.91 Billion | ▼ -4.3 pp |
| 2021 | 13.2% | CN¥845.89 Million | CN¥6.40 Billion | CN¥3.32 Billion | CN¥2.47 Billion | ▲ +23.2 pp |
| 2020 | -10.0% | CN¥-484.67 Million | CN¥4.84 Billion | CN¥2.35 Billion | CN¥2.83 Billion | ▼ -18.1 pp |
| 2019 | 8.1% | CN¥364.19 Million | CN¥4.49 Billion | CN¥2.05 Billion | CN¥1.69 Billion | ▲ +58.9 pp |
| 2018 | -50.8% | CN¥-973.31 Million | CN¥1.92 Billion | CN¥1.40 Billion | CN¥2.37 Billion | ▲ +17.3 pp |
| 2017 | -68.1% | CN¥-954.10 Million | CN¥1.40 Billion | CN¥1.07 Billion | CN¥2.02 Billion | ▼ -27.6 pp |
| 2016 | -40.4% | CN¥-482.34 Million | CN¥1.19 Billion | CN¥843.31 Million | CN¥1.33 Billion | — |