Guangzhou Devotion Therm Tech (300335) — Working Capital to Net Assets Ratio
Guangzhou Devotion Therm Tech (300335) has a Working Capital to Net Assets ratio of 28.1% as of March 2026. Working capital of CN¥565.72 Million (current assets of CN¥1.23 Billion minus current liabilities of CN¥669.21 Million) is measured against net assets of CN¥2.01 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how many days can Guangzhou Devotion Therm Tech fund operations to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Guangzhou Devotion Therm Tech Working Capital to Net Assets (2015–2025)
This chart shows how Guangzhou Devotion Therm Tech's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2015 to 2025. As of March 2026, the ratio stands at 28.1%, reflecting working capital of CN¥565.72 Million against net assets of CN¥2.01 Billion CNY. For the complete balance sheet picture, see 300335 asset base.
Annual Working Capital to Net Assets for Guangzhou Devotion Therm Tech (2015–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Guangzhou Devotion Therm Tech from 2015 to 2025, covering 11 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 Guangzhou Devotion Therm Tech liquidity resilience 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 | 27.8% | CN¥561.26 Million | CN¥2.02 Billion | CN¥1.28 Billion | CN¥716.38 Million | ▲ +2.4 pp |
| 2024 | 25.4% | CN¥513.55 Million | CN¥2.02 Billion | CN¥1.29 Billion | CN¥777.14 Million | ▲ +1.7 pp |
| 2023 | 23.7% | CN¥482.51 Million | CN¥2.04 Billion | CN¥1.23 Billion | CN¥749.90 Million | ▼ -5.6 pp |
| 2022 | 29.3% | CN¥597.97 Million | CN¥2.04 Billion | CN¥1.36 Billion | CN¥765.77 Million | ▼ -0.1 pp |
| 2021 | 29.4% | CN¥438.87 Million | CN¥1.49 Billion | CN¥1.28 Billion | CN¥845.22 Million | ▼ -0.1 pp |
| 2020 | 29.5% | CN¥528.42 Million | CN¥1.79 Billion | CN¥1.50 Billion | CN¥973.68 Million | ▲ +2.5 pp |
| 2019 | 27.0% | CN¥489.92 Million | CN¥1.81 Billion | CN¥1.43 Billion | CN¥942.04 Million | ▲ +36.9 pp |
| 2018 | -9.9% | CN¥-160.56 Million | CN¥1.63 Billion | CN¥1.44 Billion | CN¥1.60 Billion | ▼ -5.9 pp |
| 2017 | -4.0% | CN¥-60.36 Million | CN¥1.51 Billion | CN¥1.55 Billion | CN¥1.61 Billion | ▼ -8.9 pp |
| 2016 | 4.9% | CN¥60.43 Million | CN¥1.24 Billion | CN¥1.13 Billion | CN¥1.07 Billion | ▼ -52.6 pp |
| 2015 | 57.5% | CN¥998.97 Million | CN¥1.74 Billion | CN¥1.49 Billion | CN¥490.01 Million | — |