Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. Working Capital to Net Assets Ratio
Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. working capital to net assets ratio. Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. (301289) has a Working Capital to Net Assets ratio of 56.9% as of June 2026. Working capital of CN¥635.68 Million (current assets of CN¥813.93 Million minus current liabilities of CN¥178.25 Million) is measured against net assets of CN¥1.12 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Shanghai National Center of Testing and (301289) tangible equity ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. (2019–2025)
Working capital to net assets ratio of Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. from 2019 to 2025. This chart shows how Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd.'s Working Capital to Net Assets ratio has evolved across 7 annual periods from 2019 to 2025. As of June 2026, the ratio stands at 56.9%, reflecting working capital of CN¥635.68 Million against net assets of CN¥1.12 Billion CNY. See 301289 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. Working Capital to Net Assets Ratio by Year (2019–2025)
Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. working capital to net assets ratio by year from 2019 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Shanghai National Center of Testing and Inspection for Electric Cable and Wire Co. Ltd. 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 the complete balance sheet picture, see 301289 total assets.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 61.4% | CN¥671.99 Million | CN¥1.09 Billion | CN¥856.09 Million | CN¥184.11 Million | ▼ -1.7 pp |
| 2024 | 63.1% | CN¥666.06 Million | CN¥1.06 Billion | CN¥793.53 Million | CN¥127.48 Million | ▼ -2.9 pp |
| 2023 | 66.0% | CN¥669.39 Million | CN¥1.01 Billion | CN¥775.45 Million | CN¥106.06 Million | ▼ -3.0 pp |
| 2022 | 68.9% | CN¥661.20 Million | CN¥959.05 Million | CN¥744.84 Million | CN¥83.64 Million | ▲ +24.3 pp |
| 2021 | 44.6% | CN¥175.99 Million | CN¥394.27 Million | CN¥278.61 Million | CN¥102.61 Million | ▲ +10.4 pp |
| 2020 | 34.2% | CN¥108.26 Million | CN¥316.42 Million | CN¥227.01 Million | CN¥118.75 Million | ▼ -17.8 pp |
| 2019 | 52.0% | CN¥135.58 Million | CN¥260.88 Million | CN¥188.68 Million | CN¥53.10 Million | — |