Guangdong Mingyang Electric Co. Ltd. A Working Capital to Net Assets Ratio
Guangdong Mingyang Electric Co. Ltd. A working capital to net assets ratio. Guangdong Mingyang Electric Co. Ltd. A (301291) has a Working Capital to Net Assets ratio of 59.5% as of June 2026. Working capital of CN¥3.11 Billion (current assets of CN¥7.67 Billion minus current liabilities of CN¥4.56 Billion) is measured against net assets of CN¥5.23 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Guangdong Mingyang Electric Co. Ltd. A (301291) 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 Guangdong Mingyang Electric Co. Ltd. A (2021–2025)
Working capital to net assets ratio of Guangdong Mingyang Electric Co. Ltd. A from 2021 to 2025. This chart shows how Guangdong Mingyang Electric Co. Ltd. A's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2021 to 2025. As of June 2026, the ratio stands at 59.5%, reflecting working capital of CN¥3.11 Billion against net assets of CN¥5.23 Billion CNY. See Guangdong Mingyang Electric Co. Ltd. A defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Guangdong Mingyang Electric Co. Ltd. A Working Capital to Net Assets Ratio by Year (2021–2025)
Guangdong Mingyang Electric Co. Ltd. A working capital to net assets ratio by year from 2021 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Guangdong Mingyang Electric Co. Ltd. A from 2021 to 2025, covering 5 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 how large is Guangdong Mingyang Electric Co. Ltd. A's balance sheet.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 59.9% | CN¥3.02 Billion | CN¥5.04 Billion | CN¥7.37 Billion | CN¥4.35 Billion | ▼ -8.2 pp |
| 2024 | 68.0% | CN¥3.18 Billion | CN¥4.67 Billion | CN¥7.82 Billion | CN¥4.64 Billion | ▼ -8.7 pp |
| 2023 | 76.7% | CN¥3.24 Billion | CN¥4.22 Billion | CN¥6.81 Billion | CN¥3.57 Billion | ▲ +23.3 pp |
| 2022 | 53.4% | CN¥518.59 Million | CN¥970.80 Million | CN¥3.01 Billion | CN¥2.50 Billion | ▲ +2.5 pp |
| 2021 | 50.9% | CN¥357.70 Million | CN¥702.26 Million | CN¥1.97 Billion | CN¥1.61 Billion | — |