Hiecise Precision Equipment Co Ltd Working Capital to Net Assets Ratio
Hiecise Precision Equipment Co Ltd working capital to net assets ratio. Hiecise Precision Equipment Co Ltd (300809) has a Working Capital to Net Assets ratio of 68.3% as of September 2025. Working capital of CN¥1.13 Billion (current assets of CN¥1.62 Billion minus current liabilities of CN¥492.20 Million) is measured against net assets of CN¥1.65 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Hiecise Precision Equipment Co Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Hiecise Precision Equipment Co Ltd (2015–2024)
Working capital to net assets ratio of Hiecise Precision Equipment Co Ltd from 2015 to 2024. This chart shows how Hiecise Precision Equipment Co Ltd's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2015 to 2024. As of September 2025, the ratio stands at 68.3%, reflecting working capital of CN¥1.13 Billion against net assets of CN¥1.65 Billion CNY. See 300809 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Hiecise Precision Equipment Co Ltd Working Capital to Net Assets Ratio by Year (2015–2024)
Hiecise Precision Equipment Co Ltd working capital to net assets ratio by year from 2015 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Hiecise Precision Equipment Co Ltd from 2015 to 2024, 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 the complete balance sheet picture, see 300809 current and non-current assets.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 67.1% | CN¥1.08 Billion | CN¥1.61 Billion | CN¥1.51 Billion | CN¥434.13 Million | ▼ -5.6 pp |
| 2023 | 72.7% | CN¥1.14 Billion | CN¥1.57 Billion | CN¥1.58 Billion | CN¥437.68 Million | ▼ -7.9 pp |
| 2022 | 80.6% | CN¥1.19 Billion | CN¥1.48 Billion | CN¥1.71 Billion | CN¥515.03 Million | ▼ -4.7 pp |
| 2021 | 85.3% | CN¥1.24 Billion | CN¥1.45 Billion | CN¥1.62 Billion | CN¥383.18 Million | ▼ -1.0 pp |
| 2020 | 86.3% | CN¥1.20 Billion | CN¥1.39 Billion | CN¥1.62 Billion | CN¥421.42 Million | ▲ +6.0 pp |
| 2019 | 80.4% | CN¥1.12 Billion | CN¥1.39 Billion | CN¥1.38 Billion | CN¥262.39 Million | ▲ +23.5 pp |
| 2018 | 56.8% | CN¥314.87 Million | CN¥553.98 Million | CN¥619.70 Million | CN¥304.83 Million | ▲ +10.7 pp |
| 2017 | 46.2% | CN¥192.54 Million | CN¥416.98 Million | CN¥504.69 Million | CN¥312.16 Million | ▲ +20.1 pp |
| 2016 | 26.0% | CN¥115.64 Million | CN¥444.28 Million | CN¥297.04 Million | CN¥181.41 Million | ▼ -24.3 pp |
| 2015 | 50.3% | CN¥320.79 Million | CN¥637.26 Million | CN¥496.60 Million | CN¥175.81 Million | — |