HIT Welding Industry Co. Ltd. Working Capital to Net Assets Ratio
HIT Welding Industry Co. Ltd. working capital to net assets ratio. HIT Welding Industry Co. Ltd. (301137) has a Working Capital to Net Assets ratio of 55.0% as of September 2025. Working capital of CN¥801.36 Million (current assets of CN¥1.62 Billion minus current liabilities of CN¥816.20 Million) is measured against net assets of CN¥1.46 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of HIT Welding Industry Co. Ltd. (2017–2024)
Working capital to net assets ratio of HIT Welding Industry Co. Ltd. from 2017 to 2024. This chart shows how HIT Welding Industry 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 55.0%, reflecting working capital of CN¥801.36 Million against net assets of CN¥1.46 Billion CNY. See HIT Welding Industry Co. Ltd. defensive interval ratio to measure how many days the company can operate on defensive assets alone.
HIT Welding Industry Co. Ltd. Working Capital to Net Assets Ratio by Year (2017–2024)
HIT Welding Industry 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 HIT Welding Industry 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 HIT Welding Industry Co. Ltd. balance sheet assets.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 57.3% | CN¥826.52 Million | CN¥1.44 Billion | CN¥1.65 Billion | CN¥826.27 Million | ▲ +3.4 pp |
| 2023 | 53.9% | CN¥722.09 Million | CN¥1.34 Billion | CN¥1.42 Billion | CN¥702.81 Million | ▼ -4.6 pp |
| 2022 | 58.5% | CN¥758.87 Million | CN¥1.30 Billion | CN¥1.47 Billion | CN¥713.16 Million | ▲ +28.1 pp |
| 2021 | 30.5% | CN¥189.81 Million | CN¥623.29 Million | CN¥998.73 Million | CN¥808.92 Million | ▲ +1.5 pp |
| 2020 | 28.9% | CN¥157.27 Million | CN¥543.92 Million | CN¥953.56 Million | CN¥796.29 Million | ▼ -15.3 pp |
| 2019 | 44.2% | CN¥241.79 Million | CN¥546.77 Million | CN¥726.99 Million | CN¥485.20 Million | ▼ -17.0 pp |
| 2018 | 61.2% | CN¥312.25 Million | CN¥509.99 Million | CN¥742.11 Million | CN¥429.86 Million | ▲ +4.2 pp |
| 2017 | 57.0% | CN¥261.57 Million | CN¥458.99 Million | CN¥662.31 Million | CN¥400.74 Million | — |