Shijiazhuang Tonhe Electronics Technologies Co Ltd (300491) — Working Capital to Net Assets Ratio
Shijiazhuang Tonhe Electronics Technologies Co Ltd (300491) has a Working Capital to Net Assets ratio of 52.3% as of March 2026. Working capital of CN¥631.97 Million (current assets of CN¥1.85 Billion minus current liabilities of CN¥1.21 Billion) is measured against net assets of CN¥1.21 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 300491 free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Shijiazhuang Tonhe Electronics Technologies Co Ltd Working Capital to Net Assets (2011–2025)
This chart shows how Shijiazhuang Tonhe Electronics Technologies Co Ltd's Working Capital to Net Assets ratio has evolved across 15 annual periods from 2011 to 2025. As of March 2026, the ratio stands at 52.3%, reflecting working capital of CN¥631.97 Million against net assets of CN¥1.21 Billion CNY. See defensive interval ratio of Shijiazhuang Tonhe Electronics Technolog to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Shijiazhuang Tonhe Electronics Technologies Co Ltd (2011–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Shijiazhuang Tonhe Electronics Technologies Co Ltd from 2011 to 2025, covering 15 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 Shijiazhuang Tonhe Electronics Technolog (300491) total market value.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 51.3% | CN¥632.91 Million | CN¥1.23 Billion | CN¥1.85 Billion | CN¥1.22 Billion | ▼ -1.8 pp |
| 2024 | 53.1% | CN¥605.30 Million | CN¥1.14 Billion | CN¥1.51 Billion | CN¥900.62 Million | ▲ +6.5 pp |
| 2023 | 46.6% | CN¥520.23 Million | CN¥1.12 Billion | CN¥1.35 Billion | CN¥829.83 Million | ▼ -13.3 pp |
| 2022 | 59.9% | CN¥606.16 Million | CN¥1.01 Billion | CN¥1.14 Billion | CN¥529.47 Million | ▼ -2.8 pp |
| 2021 | 62.7% | CN¥607.46 Million | CN¥969.05 Million | CN¥891.19 Million | CN¥283.72 Million | ▲ +14.2 pp |
| 2020 | 48.5% | CN¥336.90 Million | CN¥695.09 Million | CN¥551.27 Million | CN¥214.37 Million | ▲ +3.8 pp |
| 2019 | 44.7% | CN¥302.39 Million | CN¥676.55 Million | CN¥466.29 Million | CN¥163.90 Million | ▼ -13.4 pp |
| 2018 | 58.1% | CN¥240.44 Million | CN¥413.76 Million | CN¥321.87 Million | CN¥81.43 Million | ▼ -0.4 pp |
| 2017 | 58.5% | CN¥252.16 Million | CN¥431.18 Million | CN¥402.18 Million | CN¥150.02 Million | ▲ +0.2 pp |
| 2016 | 58.3% | CN¥241.71 Million | CN¥414.44 Million | CN¥369.97 Million | CN¥128.26 Million | ▼ -18.7 pp |
| 2015 | 77.0% | CN¥304.50 Million | CN¥395.57 Million | CN¥392.07 Million | CN¥87.57 Million | ▲ +12.8 pp |
| 2014 | 64.2% | CN¥116.06 Million | CN¥180.76 Million | CN¥158.35 Million | CN¥42.28 Million | ▼ -15.8 pp |
| 2013 | 80.1% | CN¥120.89 Million | CN¥151.01 Million | CN¥149.84 Million | CN¥28.95 Million | ▼ -8.8 pp |
| 2012 | 88.8% | CN¥101.85 Million | CN¥114.65 Million | CN¥121.78 Million | CN¥19.93 Million | ▲ +8.1 pp |
| 2011 | 80.7% | CN¥52.47 Million | CN¥65.02 Million | CN¥65.60 Million | CN¥13.14 Million | — |