HIT Welding Industry Co. Ltd. (301137) — 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. See 301137 equity financing ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
HIT Welding Industry Co. Ltd. Working Capital to Net Assets (2017–2024)
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. Check 301137 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for HIT Welding Industry Co. Ltd. (2017–2024)
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 live market cap and the full company profile, see market cap of HIT Welding Industry Co. Ltd..
| 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 | — |