HAXC Holdings (Beijing) Co. Ltd. (300928) — Working Capital to Net Assets Ratio

Latest as of March 2026: 46.5%

HAXC Holdings (Beijing) Co. Ltd. (300928) has a Working Capital to Net Assets ratio of 46.5% as of March 2026. Working capital of CN¥480.44 Million (current assets of CN¥596.47 Million minus current liabilities of CN¥116.02 Million) is measured against net assets of CN¥1.03 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 300928 defensive interval ratio to measure how many days the company can operate on defensive assets alone.

WC/NA Ratio

46.5%
Working Capital / Net Assets

Working Capital

CN¥480.44 Million
CNY

Current Assets

CN¥596.47 Million
CNY

Current Liabilities

CN¥116.02 Million
CNY

HAXC Holdings (Beijing) Co. Ltd. Working Capital to Net Assets (2019–2025)

This chart shows how HAXC Holdings (Beijing) Co. Ltd.'s Working Capital to Net Assets ratio has evolved across 7 annual periods from 2019 to 2025. As of March 2026, the ratio stands at 46.5%, reflecting working capital of CN¥480.44 Million against net assets of CN¥1.03 Billion CNY. For the complete balance sheet picture, see HAXC Holdings (Beijing) Co. Ltd. (300928) total assets.

Annual Working Capital to Net Assets for HAXC Holdings (Beijing) Co. Ltd. (2019–2025)

The table below presents the year-by-year Working Capital to Net Assets ratio for HAXC Holdings (Beijing) Co. Ltd. from 2019 to 2025, covering 7 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 HAXC Holdings (Beijing) Co. Ltd. (300928) asset 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 47.8% CN¥501.18 Million CN¥1.05 Billion CN¥645.63 Million CN¥144.44 Million ▼ -7.5 pp
2024 55.2% CN¥645.05 Million CN¥1.17 Billion CN¥790.96 Million CN¥145.91 Million ▼ -9.5 pp
2023 64.7% CN¥808.34 Million CN¥1.25 Billion CN¥852.58 Million CN¥44.24 Million ▼ -18.0 pp
2022 82.7% CN¥1.08 Billion CN¥1.30 Billion CN¥1.12 Billion CN¥44.75 Million ▼ -12.7 pp
2021 95.4% CN¥1.20 Billion CN¥1.26 Billion CN¥1.26 Billion CN¥56.77 Million ▲ +0.6 pp
2020 94.8% CN¥1.18 Billion CN¥1.24 Billion CN¥1.41 Billion CN¥230.27 Million ▲ +6.7 pp
2019 88.1% CN¥469.78 Million CN¥533.31 Million CN¥582.33 Million CN¥112.56 Million
pp = percentage points