Xiangtan Electric Manufacturing Co Ltd (600416) — Working Capital to Net Assets Ratio
Xiangtan Electric Manufacturing Co Ltd (600416) has a Working Capital to Net Assets ratio of 61.6% as of September 2025. Working capital of CN¥5.96 Billion (current assets of CN¥12.40 Billion minus current liabilities of CN¥6.44 Billion) is measured against net assets of CN¥9.67 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how leveraged is Xiangtan Electric Manufacturing Co Ltd's balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Xiangtan Electric Manufacturing Co Ltd Working Capital to Net Assets (1999–2024)
This chart shows how Xiangtan Electric Manufacturing Co Ltd's Working Capital to Net Assets ratio has evolved across 26 annual periods from 1999 to 2024. As of September 2025, the ratio stands at 61.6%, reflecting working capital of CN¥5.96 Billion against net assets of CN¥9.67 Billion CNY. Check 600416 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Xiangtan Electric Manufacturing Co Ltd (1999–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Xiangtan Electric Manufacturing Co Ltd from 1999 to 2024, covering 26 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 600416 market cap overview.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 61.7% | CN¥4.62 Billion | CN¥7.48 Billion | CN¥10.71 Billion | CN¥6.09 Billion | ▲ +5.1 pp |
| 2023 | 56.5% | CN¥4.10 Billion | CN¥7.24 Billion | CN¥9.98 Billion | CN¥5.89 Billion | ▼ -16.9 pp |
| 2022 | 73.5% | CN¥5.08 Billion | CN¥6.91 Billion | CN¥10.16 Billion | CN¥5.08 Billion | ▲ +33.6 pp |
| 2021 | 39.9% | CN¥1.82 Billion | CN¥4.57 Billion | CN¥9.10 Billion | CN¥7.27 Billion | ▲ +24.6 pp |
| 2020 | 15.3% | CN¥508.22 Million | CN¥3.31 Billion | CN¥9.07 Billion | CN¥8.56 Billion | ▲ +81.9 pp |
| 2019 | -66.5% | CN¥-2.13 Billion | CN¥3.20 Billion | CN¥10.99 Billion | CN¥13.12 Billion | ▼ -66.7 pp |
| 2018 | 0.1% | CN¥6.80 Million | CN¥5.06 Billion | CN¥14.02 Billion | CN¥14.01 Billion | ▼ -30.0 pp |
| 2017 | 30.1% | CN¥2.13 Billion | CN¥7.09 Billion | CN¥15.95 Billion | CN¥13.82 Billion | ▼ -4.1 pp |
| 2016 | 34.1% | CN¥2.24 Billion | CN¥6.57 Billion | CN¥14.93 Billion | CN¥12.69 Billion | ▲ +12.1 pp |
| 2015 | 22.0% | CN¥874.50 Million | CN¥3.97 Billion | CN¥14.87 Billion | CN¥14.00 Billion | ▲ +5.1 pp |
| 2014 | 16.9% | CN¥384.31 Million | CN¥2.28 Billion | CN¥13.21 Billion | CN¥12.83 Billion | ▼ -41.8 pp |
| 2013 | 58.7% | CN¥1.32 Billion | CN¥2.26 Billion | CN¥12.29 Billion | CN¥10.97 Billion | ▼ -0.9 pp |
| 2012 | 59.5% | CN¥1.30 Billion | CN¥2.19 Billion | CN¥10.53 Billion | CN¥9.22 Billion | ▼ -8.9 pp |
| 2011 | 68.4% | CN¥1.67 Billion | CN¥2.45 Billion | CN¥10.79 Billion | CN¥9.12 Billion | ▲ +18.2 pp |
| 2010 | 50.3% | CN¥1.52 Billion | CN¥3.03 Billion | CN¥8.25 Billion | CN¥6.73 Billion | ▲ +16.6 pp |
| 2009 | 33.7% | CN¥634.78 Million | CN¥1.88 Billion | CN¥4.96 Billion | CN¥4.32 Billion | ▲ +34.7 pp |
| 2008 | -1.0% | CN¥-13.56 Million | CN¥1.42 Billion | CN¥3.52 Billion | CN¥3.53 Billion | ▲ +1.5 pp |
| 2007 | -2.5% | CN¥-29.55 Million | CN¥1.18 Billion | CN¥2.28 Billion | CN¥2.31 Billion | ▼ -29.0 pp |
| 2006 | 26.5% | CN¥291.37 Million | CN¥1.10 Billion | CN¥2.05 Billion | CN¥1.76 Billion | ▲ +31.9 pp |
| 2005 | -5.5% | CN¥-40.79 Million | CN¥747.16 Million | CN¥1.32 Billion | CN¥1.36 Billion | ▼ -9.0 pp |
| 2004 | 3.6% | CN¥25.56 Million | CN¥717.19 Million | CN¥1.18 Billion | CN¥1.15 Billion | ▼ -47.7 pp |
| 2003 | 51.2% | CN¥334.61 Million | CN¥652.96 Million | CN¥864.03 Million | CN¥529.42 Million | ▼ -12.0 pp |
| 2002 | 63.2% | CN¥391.43 Million | CN¥619.14 Million | CN¥818.97 Million | CN¥427.54 Million | ▲ +41.0 pp |
| 2001 | 22.3% | CN¥51.30 Million | CN¥230.56 Million | CN¥474.58 Million | CN¥423.28 Million | ▲ +7.2 pp |
| 2000 | 15.0% | CN¥28.61 Million | CN¥190.13 Million | CN¥415.19 Million | CN¥386.59 Million | ▼ -41.6 pp |
| 1999 | 56.7% | CN¥102.78 Million | CN¥181.38 Million | CN¥326.73 Million | CN¥223.95 Million | — |