Hengerda New Materials (Fujian) Co. Ltd. (300946) — Working Capital to Net Assets Ratio
Hengerda New Materials (Fujian) Co. Ltd. (300946) has a Working Capital to Net Assets ratio of 41.6% as of June 2025. Working capital of CN¥503.04 Million (current assets of CN¥834.37 Million minus current liabilities of CN¥331.34 Million) is measured against net assets of CN¥1.21 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See debt-free asset ratio of Hengerda New Materials (Fujian) Co. Ltd. to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Hengerda New Materials (Fujian) Co. Ltd. Working Capital to Net Assets (2019–2024)
This chart shows how Hengerda New Materials (Fujian) Co. Ltd.'s Working Capital to Net Assets ratio has evolved across 6 annual periods from 2019 to 2024. As of June 2025, the ratio stands at 41.6%, reflecting working capital of CN¥503.04 Million against net assets of CN¥1.21 Billion CNY. Check Hengerda New Materials (Fujian) Co. Ltd. tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Hengerda New Materials (Fujian) Co. Ltd. (2019–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Hengerda New Materials (Fujian) Co. Ltd. from 2019 to 2024, covering 6 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 Hengerda New Materials (Fujian) Co. Ltd. stock valuation.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 40.4% | CN¥477.37 Million | CN¥1.18 Billion | CN¥709.83 Million | CN¥232.46 Million | ▲ +0.0 pp |
| 2023 | 40.4% | CN¥453.10 Million | CN¥1.12 Billion | CN¥721.72 Million | CN¥268.62 Million | ▼ -12.3 pp |
| 2022 | 52.7% | CN¥559.05 Million | CN¥1.06 Billion | CN¥716.27 Million | CN¥157.22 Million | ▼ -18.2 pp |
| 2021 | 70.9% | CN¥704.44 Million | CN¥993.15 Million | CN¥861.75 Million | CN¥157.31 Million | ▲ +16.9 pp |
| 2020 | 54.0% | CN¥256.01 Million | CN¥473.92 Million | CN¥402.57 Million | CN¥146.55 Million | ▼ -8.8 pp |
| 2019 | 62.8% | CN¥239.12 Million | CN¥380.88 Million | CN¥364.98 Million | CN¥125.86 Million | — |