NINGBO HENGSHUAI Co. LTD. Working Capital to Net Assets Ratio
NINGBO HENGSHUAI Co. LTD. 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. Check tangible equity quality of NINGBO HENGSHUAI Co. LTD. 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 NINGBO HENGSHUAI Co. LTD. (2017–2024)
Working capital to net assets ratio of NINGBO HENGSHUAI Co. LTD. from 2017 to 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. See 300969 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
NINGBO HENGSHUAI Co. LTD. Working Capital to Net Assets Ratio by Year (2017–2024)
NINGBO HENGSHUAI Co. LTD. working capital to net assets ratio by year from 2017 to 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 the complete balance sheet picture, see NINGBO HENGSHUAI Co. LTD. balance sheet assets.
| 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 | — |