Zhangjiagang Haiguo New Energy Equipment Manufacturing Co. Ltd. (301063) — Working Capital to Net Assets Ratio
Zhangjiagang Haiguo New Energy Equipment Manufacturing Co. Ltd. (301063) has a Working Capital to Net Assets ratio of 50.2% as of June 2025. Working capital of CN¥786.13 Million (current assets of CN¥1.85 Billion minus current liabilities of CN¥1.06 Billion) is measured against net assets of CN¥1.57 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Zhangjiagang Haiguo New Energy Equipment financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Zhangjiagang Haiguo New Energy Equipment Manufacturing Co. Ltd. Working Capital to Net Assets (2019–2024)
This chart shows how Zhangjiagang Haiguo New Energy Equipment Manufacturing 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 50.2%, reflecting working capital of CN¥786.13 Million against net assets of CN¥1.57 Billion CNY. See how many days can Zhangjiagang Haiguo New Energy Equipment fund operations to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Zhangjiagang Haiguo New Energy Equipment Manufacturing Co. Ltd. (2019–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Zhangjiagang Haiguo New Energy Equipment Manufacturing 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 Zhangjiagang Haiguo New Energy Equipment (301063) market capitalisation.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 50.2% | CN¥770.11 Million | CN¥1.53 Billion | CN¥1.58 Billion | CN¥809.95 Million | ▼ -10.3 pp |
| 2023 | 60.5% | CN¥934.40 Million | CN¥1.55 Billion | CN¥1.59 Billion | CN¥660.23 Million | ▼ -3.7 pp |
| 2022 | 64.2% | CN¥650.33 Million | CN¥1.01 Billion | CN¥1.32 Billion | CN¥673.33 Million | ▼ -14.3 pp |
| 2021 | 78.5% | CN¥733.33 Million | CN¥933.79 Million | CN¥1.36 Billion | CN¥628.42 Million | ▲ +14.8 pp |
| 2020 | 63.8% | CN¥331.14 Million | CN¥519.44 Million | CN¥866.87 Million | CN¥535.72 Million | ▲ +14.5 pp |
| 2019 | 49.3% | CN¥204.04 Million | CN¥414.01 Million | CN¥649.20 Million | CN¥445.16 Million | — |