Zhejiang Songyuan Automotive Safety Working Capital to Net Assets Ratio
Zhejiang Songyuan Automotive Safety working capital to net assets ratio. Zhejiang Songyuan Automotive Safety (300893) has a Working Capital to Net Assets ratio of 23.4% as of September 2025. Working capital of CN¥453.26 Million (current assets of CN¥1.88 Billion minus current liabilities of CN¥1.42 Billion) is measured against net assets of CN¥1.94 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check how tangible is Zhejiang Songyuan Automotive Safety's equity 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 Zhejiang Songyuan Automotive Safety (2016–2024)
Working capital to net assets ratio of Zhejiang Songyuan Automotive Safety from 2016 to 2024. This chart shows how Zhejiang Songyuan Automotive Safety's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2016 to 2024. As of September 2025, the ratio stands at 23.4%, reflecting working capital of CN¥453.26 Million against net assets of CN¥1.94 Billion CNY. See Zhejiang Songyuan Automotive Safety liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Zhejiang Songyuan Automotive Safety Working Capital to Net Assets Ratio by Year (2016–2024)
Zhejiang Songyuan Automotive Safety working capital to net assets ratio by year from 2016 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Zhejiang Songyuan Automotive Safety from 2016 to 2024, covering 9 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 how large is Zhejiang Songyuan Automotive Safety's balance sheet.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 49.0% | CN¥657.19 Million | CN¥1.34 Billion | CN¥1.73 Billion | CN¥1.08 Billion | ▼ -4.6 pp |
| 2023 | 53.6% | CN¥570.42 Million | CN¥1.06 Billion | CN¥1.09 Billion | CN¥524.16 Million | ▲ +14.3 pp |
| 2022 | 39.3% | CN¥343.05 Million | CN¥873.50 Million | CN¥880.49 Million | CN¥537.44 Million | ▼ -9.2 pp |
| 2021 | 48.5% | CN¥374.66 Million | CN¥772.30 Million | CN¥671.32 Million | CN¥296.66 Million | ▼ -17.4 pp |
| 2020 | 66.0% | CN¥468.93 Million | CN¥711.03 Million | CN¥631.58 Million | CN¥162.65 Million | ▲ +18.3 pp |
| 2019 | 47.7% | CN¥173.96 Million | CN¥364.71 Million | CN¥354.57 Million | CN¥180.62 Million | ▲ +6.2 pp |
| 2018 | 41.5% | CN¥132.97 Million | CN¥320.12 Million | CN¥302.35 Million | CN¥169.39 Million | ▲ +1.0 pp |
| 2017 | 40.6% | CN¥117.56 Million | CN¥289.75 Million | CN¥319.80 Million | CN¥202.24 Million | ▲ +1.9 pp |
| 2016 | 38.6% | CN¥92.58 Million | CN¥239.69 Million | CN¥289.55 Million | CN¥196.97 Million | — |