Hiecise Precision Equipment Co Ltd (300809) — 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. See Hiecise Precision Equipment Co Ltd free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Hiecise Precision Equipment Co Ltd Working Capital to Net Assets (2015–2024)
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 Hiecise Precision Equipment Co Ltd (300809) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Hiecise Precision Equipment Co Ltd (2015–2024)
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 live market cap and the full company profile, see Hiecise Precision Equipment Co Ltd market capitalisation.
| 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 | — |