Zhejiang Hongchang Electrical Technology Co. Ltd. Working Capital to Net Assets Ratio
Zhejiang Hongchang Electrical Technology Co. Ltd. working capital to net assets ratio. Zhejiang Hongchang Electrical Technology Co. Ltd. (301008) has a Working Capital to Net Assets ratio of 62.1% as of September 2025. Working capital of CN¥930.71 Million (current assets of CN¥1.60 Billion minus current liabilities of CN¥669.24 Million) is measured against net assets of CN¥1.50 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check 301008 intangible-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 Zhejiang Hongchang Electrical Technology Co. Ltd. (2017–2024)
Working capital to net assets ratio of Zhejiang Hongchang Electrical Technology Co. Ltd. from 2017 to 2024. This chart shows how Zhejiang Hongchang Electrical Technology 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 62.1%, reflecting working capital of CN¥930.71 Million against net assets of CN¥1.50 Billion CNY. See Zhejiang Hongchang Electrical Technology (301008) liquidity interval to measure how many days the company can operate on defensive assets alone.
Zhejiang Hongchang Electrical Technology Co. Ltd. Working Capital to Net Assets Ratio by Year (2017–2024)
Zhejiang Hongchang Electrical Technology 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 Zhejiang Hongchang Electrical Technology 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 Zhejiang Hongchang Electrical Technology assets under control.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 84.2% | CN¥951.40 Million | CN¥1.13 Billion | CN¥1.52 Billion | CN¥565.70 Million | ▼ -8.2 pp |
| 2023 | 92.3% | CN¥1.05 Billion | CN¥1.14 Billion | CN¥1.58 Billion | CN¥534.82 Million | ▲ +23.0 pp |
| 2022 | 69.4% | CN¥713.77 Million | CN¥1.03 Billion | CN¥1.17 Billion | CN¥460.13 Million | ▼ -4.9 pp |
| 2021 | 74.3% | CN¥712.73 Million | CN¥959.58 Million | CN¥1.13 Billion | CN¥413.06 Million | ▲ +23.4 pp |
| 2020 | 50.9% | CN¥194.65 Million | CN¥382.33 Million | CN¥500.69 Million | CN¥306.04 Million | ▲ +8.9 pp |
| 2019 | 42.0% | CN¥132.24 Million | CN¥315.15 Million | CN¥414.27 Million | CN¥282.02 Million | ▲ +14.5 pp |
| 2018 | 27.4% | CN¥67.12 Million | CN¥244.63 Million | CN¥284.99 Million | CN¥217.87 Million | ▲ +14.6 pp |
| 2017 | 12.8% | CN¥25.62 Million | CN¥199.79 Million | CN¥295.12 Million | CN¥269.50 Million | — |