Hunan Corun New Energy Co Ltd (600478) — Working Capital to Net Assets Ratio
Hunan Corun New Energy Co Ltd (600478) has a Working Capital to Net Assets ratio of -45.7% as of September 2025. Working capital of CN¥-1.39 Billion (current assets of CN¥4.22 Billion minus current liabilities of CN¥5.61 Billion) is measured against net assets of CN¥3.05 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how many days can Hunan Corun New Energy Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Hunan Corun New Energy Co Ltd Working Capital to Net Assets (2000–2024)
This chart shows how Hunan Corun New Energy Co Ltd's Working Capital to Net Assets ratio has evolved across 25 annual periods from 2000 to 2024. As of September 2025, the ratio stands at -45.7%, reflecting working capital of CN¥-1.39 Billion against net assets of CN¥3.05 Billion CNY. For the complete balance sheet picture, see how large is Hunan Corun New Energy Co Ltd's balance sheet.
Annual Working Capital to Net Assets for Hunan Corun New Energy Co Ltd (2000–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Hunan Corun New Energy Co Ltd from 2000 to 2024, covering 25 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 Hunan Corun New Energy Co Ltd 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 | -46.6% | CN¥-1.48 Billion | CN¥3.18 Billion | CN¥2.70 Billion | CN¥4.18 Billion | ▼ -10.7 pp |
| 2023 | -35.9% | CN¥-1.13 Billion | CN¥3.15 Billion | CN¥2.62 Billion | CN¥3.75 Billion | ▼ -17.8 pp |
| 2022 | -18.1% | CN¥-606.98 Million | CN¥3.35 Billion | CN¥2.36 Billion | CN¥2.97 Billion | ▼ -22.3 pp |
| 2021 | 4.2% | CN¥127.99 Million | CN¥3.06 Billion | CN¥1.91 Billion | CN¥1.78 Billion | ▲ +6.2 pp |
| 2020 | -2.0% | CN¥-60.33 Million | CN¥3.05 Billion | CN¥1.45 Billion | CN¥1.51 Billion | ▼ -3.8 pp |
| 2019 | 1.8% | CN¥54.74 Million | CN¥3.02 Billion | CN¥1.91 Billion | CN¥1.85 Billion | ▼ -20.3 pp |
| 2018 | 22.1% | CN¥764.01 Million | CN¥3.46 Billion | CN¥2.20 Billion | CN¥1.43 Billion | ▼ -5.1 pp |
| 2017 | 27.2% | CN¥935.43 Million | CN¥3.44 Billion | CN¥2.81 Billion | CN¥1.87 Billion | ▼ -1.4 pp |
| 2016 | 28.6% | CN¥633.64 Million | CN¥2.22 Billion | CN¥2.18 Billion | CN¥1.54 Billion | ▲ +18.5 pp |
| 2015 | 10.1% | CN¥215.83 Million | CN¥2.13 Billion | CN¥1.14 Billion | CN¥926.63 Million | ▲ +38.4 pp |
| 2014 | -28.2% | CN¥-329.32 Million | CN¥1.17 Billion | CN¥929.50 Million | CN¥1.26 Billion | ▼ -25.9 pp |
| 2013 | -2.3% | CN¥-27.88 Million | CN¥1.20 Billion | CN¥640.08 Million | CN¥667.96 Million | ▼ -24.9 pp |
| 2012 | 22.6% | CN¥273.42 Million | CN¥1.21 Billion | CN¥1.32 Billion | CN¥1.05 Billion | ▼ -5.8 pp |
| 2011 | 28.4% | CN¥367.59 Million | CN¥1.29 Billion | CN¥1.53 Billion | CN¥1.16 Billion | ▼ -10.1 pp |
| 2010 | 38.5% | CN¥464.73 Million | CN¥1.21 Billion | CN¥1.22 Billion | CN¥754.61 Million | ▲ +41.5 pp |
| 2009 | -2.9% | CN¥-19.00 Million | CN¥645.13 Million | CN¥710.86 Million | CN¥729.86 Million | ▼ -29.9 pp |
| 2008 | 27.0% | CN¥166.74 Million | CN¥618.16 Million | CN¥789.17 Million | CN¥622.43 Million | ▲ +20.6 pp |
| 2007 | 6.4% | CN¥21.31 Million | CN¥332.27 Million | CN¥336.91 Million | CN¥315.60 Million | ▲ +9.3 pp |
| 2006 | -2.9% | CN¥-9.02 Million | CN¥310.22 Million | CN¥316.09 Million | CN¥325.11 Million | ▲ +7.1 pp |
| 2005 | -10.0% | CN¥-30.23 Million | CN¥303.38 Million | CN¥295.98 Million | CN¥326.21 Million | ▼ -5.4 pp |
| 2004 | -4.6% | CN¥-14.22 Million | CN¥312.20 Million | CN¥268.09 Million | CN¥282.32 Million | ▼ -18.9 pp |
| 2003 | 14.4% | CN¥44.70 Million | CN¥311.11 Million | CN¥241.55 Million | CN¥196.84 Million | ▲ +72.0 pp |
| 2002 | -57.6% | CN¥-61.81 Million | CN¥107.31 Million | CN¥109.95 Million | CN¥171.77 Million | ▲ +19.5 pp |
| 2001 | -77.2% | CN¥-71.21 Million | CN¥92.30 Million | CN¥100.21 Million | CN¥171.42 Million | ▲ +3.2 pp |
| 2000 | -80.3% | CN¥-67.61 Million | CN¥84.15 Million | CN¥114.40 Million | CN¥182.01 Million | — |