Guangdong Sanhe Pile Co Ltd (003037) — Working Capital to Net Assets Ratio
Guangdong Sanhe Pile Co Ltd (003037) has a Working Capital to Net Assets ratio of 35.8% as of March 2026. Working capital of CN¥1.01 Billion (current assets of CN¥4.02 Billion minus current liabilities of CN¥3.01 Billion) is measured against net assets of CN¥2.82 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 003037 net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Guangdong Sanhe Pile Co Ltd Working Capital to Net Assets (2016–2025)
This chart shows how Guangdong Sanhe Pile Co Ltd's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2016 to 2025. As of March 2026, the ratio stands at 35.8%, reflecting working capital of CN¥1.01 Billion against net assets of CN¥2.82 Billion CNY. Check Guangdong Sanhe Pile Co Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Guangdong Sanhe Pile Co Ltd (2016–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Guangdong Sanhe Pile Co Ltd from 2016 to 2025, covering 10 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 Guangdong Sanhe Pile Co Ltd market capitalisation.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 29.8% | CN¥833.70 Million | CN¥2.79 Billion | CN¥3.99 Billion | CN¥3.16 Billion | ▲ +11.3 pp |
| 2024 | 18.5% | CN¥515.20 Million | CN¥2.78 Billion | CN¥4.02 Billion | CN¥3.51 Billion | ▼ -12.9 pp |
| 2023 | 31.5% | CN¥884.05 Million | CN¥2.81 Billion | CN¥3.85 Billion | CN¥2.97 Billion | ▲ +33.9 pp |
| 2022 | -2.4% | CN¥-43.70 Million | CN¥1.79 Billion | CN¥3.07 Billion | CN¥3.12 Billion | ▼ -1.0 pp |
| 2021 | -1.4% | CN¥-24.73 Million | CN¥1.71 Billion | CN¥2.81 Billion | CN¥2.83 Billion | ▲ +6.8 pp |
| 2020 | -8.3% | CN¥-109.98 Million | CN¥1.33 Billion | CN¥2.62 Billion | CN¥2.73 Billion | ▲ +28.8 pp |
| 2019 | -37.1% | CN¥-369.12 Million | CN¥996.23 Million | CN¥2.02 Billion | CN¥2.39 Billion | ▼ -28.5 pp |
| 2018 | -8.6% | CN¥-89.83 Million | CN¥1.04 Billion | CN¥2.08 Billion | CN¥2.17 Billion | ▲ +67.9 pp |
| 2017 | -76.5% | CN¥-525.01 Million | CN¥686.42 Million | CN¥1.69 Billion | CN¥2.22 Billion | ▲ +37.2 pp |
| 2016 | -113.7% | CN¥-698.51 Million | CN¥614.40 Million | CN¥1.42 Billion | CN¥2.12 Billion | — |