Zhejiang Provincial New Energy Investment Group Co Ltd Working Capital to Net Assets Ratio
Zhejiang Provincial New Energy Investment Group Co Ltd working capital to net assets ratio. Zhejiang Provincial New Energy Investment Group Co Ltd (600032) has a Working Capital to Net Assets ratio of 15.5% as of September 2025. Working capital of CN¥3.04 Billion (current assets of CN¥12.99 Billion minus current liabilities of CN¥9.95 Billion) is measured against net assets of CN¥19.69 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible net worth ratio of Zhejiang Provincial New Energy Investmen 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 Zhejiang Provincial New Energy Investment Group Co Ltd (2016–2024)
Working capital to net assets ratio of Zhejiang Provincial New Energy Investment Group Co Ltd from 2016 to 2024. This chart shows how Zhejiang Provincial New Energy Investment Group Co Ltd's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2016 to 2024. As of September 2025, the ratio stands at 15.5%, reflecting working capital of CN¥3.04 Billion against net assets of CN¥19.69 Billion CNY. See Zhejiang Provincial New Energy Investmen defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Zhejiang Provincial New Energy Investment Group Co Ltd Working Capital to Net Assets Ratio by Year (2016–2024)
Zhejiang Provincial New Energy Investment Group Co Ltd working capital to net assets ratio by year from 2016 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Zhejiang Provincial New Energy Investment Group Co Ltd from 2016 to 2024, covering 9 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 total assets of Zhejiang Provincial New Energy Investmen.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 13.4% | CN¥2.52 Billion | CN¥18.79 Billion | CN¥11.52 Billion | CN¥8.99 Billion | ▼ -0.3 pp |
| 2023 | 13.7% | CN¥2.51 Billion | CN¥18.28 Billion | CN¥10.89 Billion | CN¥8.38 Billion | ▼ -0.8 pp |
| 2022 | 14.5% | CN¥2.08 Billion | CN¥14.30 Billion | CN¥9.51 Billion | CN¥7.43 Billion | ▲ +44.3 pp |
| 2021 | -29.8% | CN¥-3.55 Billion | CN¥11.93 Billion | CN¥9.01 Billion | CN¥12.56 Billion | ▼ -8.2 pp |
| 2020 | -21.5% | CN¥-2.18 Billion | CN¥10.12 Billion | CN¥4.77 Billion | CN¥6.95 Billion | ▼ -23.5 pp |
| 2019 | 1.9% | CN¥186.56 Million | CN¥9.71 Billion | CN¥4.24 Billion | CN¥4.06 Billion | ▼ -27.8 pp |
| 2018 | 29.7% | CN¥2.22 Billion | CN¥7.47 Billion | CN¥4.06 Billion | CN¥1.84 Billion | ▲ +38.5 pp |
| 2017 | -8.7% | CN¥-407.81 Million | CN¥4.66 Billion | CN¥578.74 Million | CN¥986.55 Million | ▼ -3.0 pp |
| 2016 | -5.7% | CN¥-260.21 Million | CN¥4.56 Billion | CN¥695.48 Million | CN¥955.69 Million | — |