AVIC Heavy Machinery Co Ltd (600765) — Working Capital to Net Assets Ratio
AVIC Heavy Machinery Co Ltd (600765) has a Working Capital to Net Assets ratio of 57.8% as of March 2026. Working capital of CN¥9.51 Billion (current assets of CN¥22.36 Billion minus current liabilities of CN¥12.85 Billion) is measured against net assets of CN¥16.47 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See AVIC Heavy Machinery Co Ltd balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
AVIC Heavy Machinery Co Ltd Working Capital to Net Assets (1993–2025)
This chart shows how AVIC Heavy Machinery Co Ltd's Working Capital to Net Assets ratio has evolved across 33 annual periods from 1993 to 2025. As of March 2026, the ratio stands at 57.8%, reflecting working capital of CN¥9.51 Billion against net assets of CN¥16.47 Billion CNY. Check AVIC Heavy Machinery Co Ltd (600765) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for AVIC Heavy Machinery Co Ltd (1993–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for AVIC Heavy Machinery Co Ltd from 1993 to 2025, covering 33 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 AVIC Heavy Machinery Co Ltd market capitalisation.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 56.1% | CN¥9.08 Billion | CN¥16.17 Billion | CN¥22.34 Billion | CN¥13.27 Billion | ▼ -5.0 pp |
| 2024 | 61.2% | CN¥9.72 Billion | CN¥15.89 Billion | CN¥21.61 Billion | CN¥11.89 Billion | ▲ +2.3 pp |
| 2023 | 58.8% | CN¥7.21 Billion | CN¥12.26 Billion | CN¥17.84 Billion | CN¥10.62 Billion | ▼ -1.6 pp |
| 2022 | 60.5% | CN¥6.53 Billion | CN¥10.79 Billion | CN¥16.06 Billion | CN¥9.53 Billion | ▼ -21.6 pp |
| 2021 | 82.0% | CN¥8.07 Billion | CN¥9.84 Billion | CN¥15.38 Billion | CN¥7.31 Billion | ▲ +5.8 pp |
| 2020 | 76.2% | CN¥5.47 Billion | CN¥7.17 Billion | CN¥11.52 Billion | CN¥6.05 Billion | ▲ +14.9 pp |
| 2019 | 61.3% | CN¥4.00 Billion | CN¥6.52 Billion | CN¥10.10 Billion | CN¥6.11 Billion | ▲ +1.2 pp |
| 2018 | 60.0% | CN¥2.77 Billion | CN¥4.61 Billion | CN¥8.21 Billion | CN¥5.44 Billion | ▲ +27.0 pp |
| 2017 | 33.0% | CN¥1.31 Billion | CN¥3.97 Billion | CN¥8.65 Billion | CN¥7.33 Billion | ▲ +12.8 pp |
| 2016 | 20.2% | CN¥817.19 Million | CN¥4.04 Billion | CN¥8.63 Billion | CN¥7.81 Billion | ▼ -20.4 pp |
| 2015 | 40.6% | CN¥1.56 Billion | CN¥3.85 Billion | CN¥8.05 Billion | CN¥6.49 Billion | ▼ -13.3 pp |
| 2014 | 53.9% | CN¥2.38 Billion | CN¥4.42 Billion | CN¥8.21 Billion | CN¥5.83 Billion | ▲ +3.6 pp |
| 2013 | 50.4% | CN¥2.15 Billion | CN¥4.27 Billion | CN¥7.55 Billion | CN¥5.40 Billion | ▼ -10.6 pp |
| 2012 | 61.0% | CN¥2.51 Billion | CN¥4.11 Billion | CN¥7.18 Billion | CN¥4.67 Billion | ▲ +15.6 pp |
| 2011 | 45.4% | CN¥1.75 Billion | CN¥3.85 Billion | CN¥6.84 Billion | CN¥5.10 Billion | ▼ -2.2 pp |
| 2010 | 47.6% | CN¥1.62 Billion | CN¥3.40 Billion | CN¥5.47 Billion | CN¥3.85 Billion | ▲ +7.9 pp |
| 2009 | 39.7% | CN¥1.05 Billion | CN¥2.63 Billion | CN¥3.87 Billion | CN¥2.83 Billion | ▲ +41.7 pp |
| 2008 | -2.0% | CN¥-20.91 Million | CN¥1.05 Billion | CN¥1.88 Billion | CN¥1.90 Billion | ▼ -44.9 pp |
| 2007 | 42.9% | CN¥404.68 Million | CN¥943.90 Million | CN¥1.39 Billion | CN¥980.39 Million | ▼ -1.1 pp |
| 2006 | 43.9% | CN¥75.44 Million | CN¥171.67 Million | CN¥137.96 Million | CN¥62.52 Million | ▲ +1.4 pp |
| 2005 | 42.6% | CN¥76.40 Million | CN¥179.51 Million | CN¥131.81 Million | CN¥55.41 Million | ▲ +7.0 pp |
| 2004 | 35.5% | CN¥60.02 Million | CN¥168.93 Million | CN¥108.10 Million | CN¥48.08 Million | ▲ +2.4 pp |
| 2003 | 33.1% | CN¥52.76 Million | CN¥159.37 Million | CN¥107.40 Million | CN¥54.64 Million | ▼ -9.5 pp |
| 2002 | 42.6% | CN¥65.56 Million | CN¥153.92 Million | CN¥116.08 Million | CN¥50.52 Million | ▼ -8.2 pp |
| 2001 | 50.8% | CN¥77.62 Million | CN¥152.86 Million | CN¥111.98 Million | CN¥34.36 Million | ▲ +0.8 pp |
| 2000 | 50.0% | CN¥91.29 Million | CN¥182.50 Million | CN¥108.78 Million | CN¥17.49 Million | ▼ -0.7 pp |
| 1999 | 50.8% | CN¥92.29 Million | CN¥181.84 Million | CN¥106.85 Million | CN¥14.56 Million | ▼ -5.1 pp |
| 1998 | 55.9% | CN¥110.67 Million | CN¥198.06 Million | CN¥128.59 Million | CN¥17.92 Million | ▼ -10.4 pp |
| 1997 | 66.3% | CN¥101.89 Million | CN¥153.77 Million | CN¥134.77 Million | CN¥32.88 Million | ▼ -3.5 pp |
| 1996 | 69.8% | CN¥105.95 Million | CN¥151.89 Million | CN¥138.04 Million | CN¥32.09 Million | ▼ -14.5 pp |
| 1995 | 84.3% | CN¥35.44 Million | CN¥42.06 Million | CN¥87.40 Million | CN¥51.96 Million | ▼ -45.3 pp |
| 1994 | 129.6% | CN¥29.91 Million | CN¥23.09 Million | CN¥78.01 Million | CN¥48.10 Million | ▲ +74.4 pp |
| 1993 | 55.1% | CN¥11.19 Million | CN¥20.29 Million | CN¥47.19 Million | CN¥36.00 Million | — |