NINGBO HENGSHUAI Co. LTD. (300969) — Working Capital to Net Assets Ratio
NINGBO HENGSHUAI Co. LTD. (300969) has a Working Capital to Net Assets ratio of 87.0% as of September 2025. Working capital of CN¥1.20 Billion (current assets of CN¥1.44 Billion minus current liabilities of CN¥237.96 Million) is measured against net assets of CN¥1.38 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See debt-free asset ratio of NINGBO HENGSHUAI Co. LTD. to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
NINGBO HENGSHUAI Co. LTD. Working Capital to Net Assets (2017–2024)
This chart shows how NINGBO HENGSHUAI Co. LTD.'s Working Capital to Net Assets ratio has evolved across 8 annual periods from 2017 to 2024. As of September 2025, the ratio stands at 87.0%, reflecting working capital of CN¥1.20 Billion against net assets of CN¥1.38 Billion CNY. Check NINGBO HENGSHUAI Co. LTD. tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for NINGBO HENGSHUAI Co. LTD. (2017–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for NINGBO HENGSHUAI Co. LTD. from 2017 to 2024, covering 8 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 how much is NINGBO HENGSHUAI Co. LTD. worth.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 61.7% | CN¥790.99 Million | CN¥1.28 Billion | CN¥1.05 Billion | CN¥261.40 Million | ▲ +1.7 pp |
| 2023 | 59.9% | CN¥657.72 Million | CN¥1.10 Billion | CN¥946.90 Million | CN¥289.19 Million | ▼ -3.2 pp |
| 2022 | 63.1% | CN¥577.30 Million | CN¥914.76 Million | CN¥810.26 Million | CN¥232.96 Million | ▼ -5.3 pp |
| 2021 | 68.4% | CN¥537.62 Million | CN¥786.40 Million | CN¥676.54 Million | CN¥138.92 Million | ▲ +20.9 pp |
| 2020 | 47.4% | CN¥150.15 Million | CN¥316.61 Million | CN¥265.48 Million | CN¥115.33 Million | ▼ -7.2 pp |
| 2019 | 54.6% | CN¥137.15 Million | CN¥251.28 Million | CN¥212.11 Million | CN¥74.96 Million | ▲ +9.4 pp |
| 2018 | 45.2% | CN¥84.08 Million | CN¥186.20 Million | CN¥179.57 Million | CN¥95.49 Million | ▼ -21.3 pp |
| 2017 | 66.4% | CN¥179.22 Million | CN¥269.82 Million | CN¥252.68 Million | CN¥73.46 Million | — |