Tianjin Benefo Tejing Electric Co Ltd (600468) — Working Capital to Net Assets Ratio
Tianjin Benefo Tejing Electric Co Ltd (600468) has a Working Capital to Net Assets ratio of 51.3% as of September 2025. Working capital of CN¥1.12 Billion (current assets of CN¥2.82 Billion minus current liabilities of CN¥1.70 Billion) is measured against net assets of CN¥2.18 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See defensive interval ratio of Tianjin Benefo Tejing Electric Co Ltd to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Tianjin Benefo Tejing Electric Co Ltd Working Capital to Net Assets (1998–2024)
This chart shows how Tianjin Benefo Tejing Electric Co Ltd's Working Capital to Net Assets ratio has evolved across 27 annual periods from 1998 to 2024. As of September 2025, the ratio stands at 51.3%, reflecting working capital of CN¥1.12 Billion against net assets of CN¥2.18 Billion CNY. For the complete balance sheet picture, see 600468 current and non-current assets.
Annual Working Capital to Net Assets for Tianjin Benefo Tejing Electric Co Ltd (1998–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Tianjin Benefo Tejing Electric Co Ltd from 1998 to 2024, covering 27 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 600468 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 52.0% | CN¥1.09 Billion | CN¥2.10 Billion | CN¥2.67 Billion | CN¥1.58 Billion | ▲ +6.0 pp |
| 2023 | 46.0% | CN¥1.03 Billion | CN¥2.24 Billion | CN¥2.66 Billion | CN¥1.63 Billion | ▲ +1.4 pp |
| 2022 | 44.6% | CN¥955.56 Million | CN¥2.14 Billion | CN¥2.51 Billion | CN¥1.55 Billion | ▲ +4.1 pp |
| 2021 | 40.4% | CN¥835.28 Million | CN¥2.07 Billion | CN¥2.40 Billion | CN¥1.56 Billion | ▲ +1.8 pp |
| 2020 | 38.7% | CN¥775.03 Million | CN¥2.00 Billion | CN¥2.35 Billion | CN¥1.58 Billion | ▼ -3.1 pp |
| 2019 | 41.8% | CN¥777.49 Million | CN¥1.86 Billion | CN¥2.18 Billion | CN¥1.40 Billion | ▼ -15.4 pp |
| 2018 | 57.2% | CN¥1.07 Billion | CN¥1.88 Billion | CN¥1.88 Billion | CN¥808.69 Million | ▼ -1.7 pp |
| 2017 | 58.9% | CN¥1.14 Billion | CN¥1.94 Billion | CN¥1.95 Billion | CN¥805.72 Million | ▲ +0.4 pp |
| 2016 | 58.4% | CN¥1.10 Billion | CN¥1.89 Billion | CN¥1.83 Billion | CN¥730.13 Million | ▲ +51.9 pp |
| 2015 | 6.6% | CN¥48.38 Million | CN¥736.60 Million | CN¥753.91 Million | CN¥705.54 Million | ▼ -4.9 pp |
| 2014 | 11.5% | CN¥84.91 Million | CN¥737.82 Million | CN¥843.17 Million | CN¥758.27 Million | ▲ +4.3 pp |
| 2013 | 7.2% | CN¥49.83 Million | CN¥688.59 Million | CN¥625.53 Million | CN¥575.70 Million | ▼ -6.5 pp |
| 2012 | 13.7% | CN¥89.63 Million | CN¥654.02 Million | CN¥593.17 Million | CN¥503.54 Million | ▲ +2.9 pp |
| 2011 | 10.8% | CN¥71.28 Million | CN¥658.48 Million | CN¥633.37 Million | CN¥562.09 Million | ▼ -4.3 pp |
| 2010 | 15.2% | CN¥84.80 Million | CN¥559.52 Million | CN¥446.12 Million | CN¥361.32 Million | ▲ +5.6 pp |
| 2009 | 9.6% | CN¥51.51 Million | CN¥538.20 Million | CN¥466.56 Million | CN¥415.05 Million | ▲ +1.1 pp |
| 2008 | 8.5% | CN¥45.30 Million | CN¥534.14 Million | CN¥339.89 Million | CN¥294.59 Million | ▲ +2.2 pp |
| 2007 | 6.2% | CN¥31.41 Million | CN¥502.93 Million | CN¥444.52 Million | CN¥413.11 Million | ▼ -17.0 pp |
| 2006 | 23.2% | CN¥117.85 Million | CN¥507.35 Million | CN¥434.59 Million | CN¥316.74 Million | ▲ +2.1 pp |
| 2005 | 21.1% | CN¥95.90 Million | CN¥454.32 Million | CN¥434.79 Million | CN¥338.89 Million | ▲ +5.3 pp |
| 2004 | 15.8% | CN¥67.08 Million | CN¥424.44 Million | CN¥426.47 Million | CN¥359.39 Million | ▼ -11.5 pp |
| 2003 | 27.3% | CN¥111.64 Million | CN¥408.97 Million | CN¥445.06 Million | CN¥333.43 Million | ▼ -23.9 pp |
| 2002 | 51.2% | CN¥208.84 Million | CN¥407.77 Million | CN¥442.05 Million | CN¥233.21 Million | ▼ -30.0 pp |
| 2001 | 81.2% | CN¥274.18 Million | CN¥337.72 Million | CN¥420.69 Million | CN¥146.50 Million | ▲ +26.6 pp |
| 2000 | 54.6% | CN¥75.07 Million | CN¥137.44 Million | CN¥235.82 Million | CN¥160.75 Million | ▲ +52.9 pp |
| 1999 | 1.8% | CN¥2.13 Million | CN¥120.19 Million | CN¥187.13 Million | CN¥185.01 Million | ▼ -26.7 pp |
| 1998 | 28.5% | CN¥22.82 Million | CN¥80.05 Million | CN¥153.67 Million | CN¥130.85 Million | — |