Zhejiang Zheneng Electric Power Co Ltd (600023) — Working Capital to Net Assets Ratio
Zhejiang Zheneng Electric Power Co Ltd (600023) has a Working Capital to Net Assets ratio of 3.4% as of March 2026. Working capital of CN¥3.04 Billion (current assets of CN¥33.76 Billion minus current liabilities of CN¥30.71 Billion) is measured against net assets of CN¥90.32 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Zhejiang Zheneng Electric Power Co Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Zhejiang Zheneng Electric Power Co Ltd Working Capital to Net Assets (2010–2025)
This chart shows how Zhejiang Zheneng Electric Power Co Ltd's Working Capital to Net Assets ratio has evolved across 16 annual periods from 2010 to 2025. As of March 2026, the ratio stands at 3.4%, reflecting working capital of CN¥3.04 Billion against net assets of CN¥90.32 Billion CNY. For the complete balance sheet picture, see total assets of Zhejiang Zheneng Electric Power Co Ltd.
Annual Working Capital to Net Assets for Zhejiang Zheneng Electric Power Co Ltd (2010–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Zhejiang Zheneng Electric Power Co Ltd from 2010 to 2025, covering 16 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. Check Zhejiang Zheneng Electric Power Co Ltd (600023) asset resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 1.0% | CN¥898.57 Million | CN¥89.87 Billion | CN¥35.30 Billion | CN¥34.40 Billion | ▼ -2.6 pp |
| 2024 | 3.6% | CN¥3.16 Billion | CN¥86.82 Billion | CN¥38.29 Billion | CN¥35.14 Billion | ▼ -9.4 pp |
| 2023 | 13.0% | CN¥10.39 Billion | CN¥79.97 Billion | CN¥42.44 Billion | CN¥32.06 Billion | ▲ +8.3 pp |
| 2022 | 4.7% | CN¥3.20 Billion | CN¥67.56 Billion | CN¥29.74 Billion | CN¥26.55 Billion | ▼ -0.9 pp |
| 2021 | 5.6% | CN¥4.06 Billion | CN¥71.79 Billion | CN¥27.15 Billion | CN¥23.10 Billion | ▼ -11.6 pp |
| 2020 | 17.2% | CN¥13.14 Billion | CN¥76.31 Billion | CN¥29.84 Billion | CN¥16.70 Billion | ▲ +0.1 pp |
| 2019 | 17.1% | CN¥12.42 Billion | CN¥72.50 Billion | CN¥26.70 Billion | CN¥14.28 Billion | ▲ +6.9 pp |
| 2018 | 10.2% | CN¥7.05 Billion | CN¥69.15 Billion | CN¥23.47 Billion | CN¥16.42 Billion | ▲ +2.7 pp |
| 2017 | 7.5% | CN¥5.16 Billion | CN¥68.80 Billion | CN¥23.44 Billion | CN¥18.29 Billion | ▼ -6.5 pp |
| 2016 | 14.0% | CN¥9.27 Billion | CN¥66.31 Billion | CN¥24.81 Billion | CN¥15.53 Billion | ▲ +5.6 pp |
| 2015 | 8.4% | CN¥5.35 Billion | CN¥63.87 Billion | CN¥21.59 Billion | CN¥16.24 Billion | ▼ -5.7 pp |
| 2014 | 14.1% | CN¥7.23 Billion | CN¥51.13 Billion | CN¥24.71 Billion | CN¥17.48 Billion | ▲ +25.8 pp |
| 2013 | -11.7% | CN¥-5.07 Billion | CN¥43.41 Billion | CN¥19.06 Billion | CN¥24.13 Billion | ▼ -5.6 pp |
| 2012 | -6.1% | CN¥-2.41 Billion | CN¥39.47 Billion | CN¥16.81 Billion | CN¥19.22 Billion | ▲ +8.0 pp |
| 2011 | -14.1% | CN¥-4.91 Billion | CN¥34.90 Billion | CN¥16.62 Billion | CN¥21.53 Billion | ▼ -6.4 pp |
| 2010 | -7.7% | CN¥-2.84 Billion | CN¥36.95 Billion | CN¥16.44 Billion | CN¥19.27 Billion | — |