Zhejiang Hengwei Battery Co. Ltd. (301222) — Working Capital to Net Assets Ratio
Zhejiang Hengwei Battery Co. Ltd. (301222) has a Working Capital to Net Assets ratio of 76.8% as of June 2025. Working capital of CN¥1.09 Billion (current assets of CN¥1.21 Billion minus current liabilities of CN¥115.22 Million) is measured against net assets of CN¥1.42 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Zhejiang Hengwei Battery Co. Ltd. (301222) 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
Zhejiang Hengwei Battery Co. Ltd. Working Capital to Net Assets (2019–2024)
This chart shows how Zhejiang Hengwei Battery 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 76.8%, reflecting working capital of CN¥1.09 Billion against net assets of CN¥1.42 Billion CNY. See defensive interval ratio of Zhejiang Hengwei Battery Co. Ltd. to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Zhejiang Hengwei Battery Co. Ltd. (2019–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Zhejiang Hengwei Battery 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 301222 company net worth.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 78.8% | CN¥1.12 Billion | CN¥1.42 Billion | CN¥1.20 Billion | CN¥84.42 Million | ▼ -8.4 pp |
| 2023 | 87.2% | CN¥1.16 Billion | CN¥1.33 Billion | CN¥1.23 Billion | CN¥65.59 Million | ▼ -6.1 pp |
| 2022 | 93.3% | CN¥1.18 Billion | CN¥1.26 Billion | CN¥1.24 Billion | CN¥68.19 Million | ▲ +14.1 pp |
| 2021 | 79.1% | CN¥348.50 Million | CN¥440.36 Million | CN¥400.92 Million | CN¥52.43 Million | ▲ +7.1 pp |
| 2020 | 72.1% | CN¥253.00 Million | CN¥351.08 Million | CN¥318.66 Million | CN¥65.66 Million | ▼ -3.9 pp |
| 2019 | 76.0% | CN¥230.70 Million | CN¥303.58 Million | CN¥281.09 Million | CN¥50.39 Million | — |