Hong Ri Da Technology Co. Ltd. A (301285) — Working Capital to Net Assets Ratio
Hong Ri Da Technology Co. Ltd. A (301285) has a Working Capital to Net Assets ratio of -2.8% as of March 2026. Working capital of CN¥-26.40 Million (current assets of CN¥929.70 Million minus current liabilities of CN¥956.11 Million) is measured against net assets of CN¥945.37 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Hong Ri Da Technology Co. Ltd. A free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Hong Ri Da Technology Co. Ltd. A Working Capital to Net Assets (2019–2025)
This chart shows how Hong Ri Da Technology Co. Ltd. A's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2019 to 2025. As of March 2026, the ratio stands at -2.8%, reflecting working capital of CN¥-26.40 Million against net assets of CN¥945.37 Million CNY. See Hong Ri Da Technology Co. Ltd. A (301285) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Hong Ri Da Technology Co. Ltd. A (2019–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Hong Ri Da Technology Co. Ltd. A from 2019 to 2025, covering 7 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 Hong Ri Da Technology Co. Ltd. A stock valuation.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -5.9% | CN¥-56.82 Million | CN¥962.20 Million | CN¥903.61 Million | CN¥960.43 Million | ▼ -25.3 pp |
| 2024 | 19.4% | CN¥198.48 Million | CN¥1.03 Billion | CN¥1.08 Billion | CN¥884.90 Million | ▼ -15.9 pp |
| 2023 | 35.3% | CN¥376.73 Million | CN¥1.07 Billion | CN¥1.12 Billion | CN¥744.05 Million | ▼ -21.1 pp |
| 2022 | 56.3% | CN¥622.55 Million | CN¥1.11 Billion | CN¥1.03 Billion | CN¥408.90 Million | ▲ +68.3 pp |
| 2021 | -12.0% | CN¥-44.82 Million | CN¥374.44 Million | CN¥479.84 Million | CN¥524.66 Million | ▲ +16.6 pp |
| 2020 | -28.6% | CN¥-90.50 Million | CN¥316.99 Million | CN¥501.07 Million | CN¥591.57 Million | ▲ +38.2 pp |
| 2019 | -66.8% | CN¥-151.94 Million | CN¥227.61 Million | CN¥384.68 Million | CN¥536.63 Million | — |