Sanhe Tongfei Refrigeration Co. Ltd. Working Capital to Net Assets Ratio
Sanhe Tongfei Refrigeration Co. Ltd. working capital to net assets ratio. Sanhe Tongfei Refrigeration Co. Ltd. (300990) has a Working Capital to Net Assets ratio of 61.9% as of September 2025. Working capital of CN¥1.25 Billion (current assets of CN¥1.91 Billion minus current liabilities of CN¥650.81 Million) is measured against net assets of CN¥2.03 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check 300990 goodwill-adjusted equity ratio 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 Sanhe Tongfei Refrigeration Co. Ltd. (2017–2024)
Working capital to net assets ratio of Sanhe Tongfei Refrigeration Co. Ltd. from 2017 to 2024. This chart shows how Sanhe Tongfei Refrigeration 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 61.9%, reflecting working capital of CN¥1.25 Billion against net assets of CN¥2.03 Billion CNY. See Sanhe Tongfei Refrigeration Co. Ltd. defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Sanhe Tongfei Refrigeration Co. Ltd. Working Capital to Net Assets Ratio by Year (2017–2024)
Sanhe Tongfei Refrigeration 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 Sanhe Tongfei Refrigeration 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 Sanhe Tongfei Refrigeration Co. Ltd. total assets.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 58.7% | CN¥1.11 Billion | CN¥1.89 Billion | CN¥1.69 Billion | CN¥583.02 Million | ▲ +0.2 pp |
| 2023 | 58.5% | CN¥1.03 Billion | CN¥1.76 Billion | CN¥1.40 Billion | CN¥371.95 Million | ▼ -6.8 pp |
| 2022 | 65.3% | CN¥1.07 Billion | CN¥1.63 Billion | CN¥1.27 Billion | CN¥201.93 Million | ▼ -12.9 pp |
| 2021 | 78.2% | CN¥1.21 Billion | CN¥1.55 Billion | CN¥1.33 Billion | CN¥119.63 Million | ▲ +12.1 pp |
| 2020 | 66.1% | CN¥310.71 Million | CN¥470.16 Million | CN¥384.31 Million | CN¥73.59 Million | ▼ -5.7 pp |
| 2019 | 71.8% | CN¥247.83 Million | CN¥345.34 Million | CN¥294.91 Million | CN¥47.08 Million | ▼ -8.3 pp |
| 2018 | 80.0% | CN¥232.78 Million | CN¥290.81 Million | CN¥265.79 Million | CN¥33.01 Million | ▲ +6.9 pp |
| 2017 | 73.1% | CN¥170.13 Million | CN¥232.58 Million | CN¥200.31 Million | CN¥30.18 Million | — |