Hangzhou XZB Tech Co Ltd (603040) — Working Capital to Net Assets Ratio
Hangzhou XZB Tech Co Ltd (603040) has a Working Capital to Net Assets ratio of 50.9% as of September 2025. Working capital of CN¥766.46 Million (current assets of CN¥978.12 Million minus current liabilities of CN¥211.66 Million) is measured against net assets of CN¥1.51 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Hangzhou XZB Tech Co Ltd balance sheet quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Hangzhou XZB Tech Co Ltd Working Capital to Net Assets (2011–2024)
This chart shows how Hangzhou XZB Tech Co Ltd's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2011 to 2024. As of September 2025, the ratio stands at 50.9%, reflecting working capital of CN¥766.46 Million against net assets of CN¥1.51 Billion CNY. Check how tangible is Hangzhou XZB Tech Co Ltd's equity to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Hangzhou XZB Tech Co Ltd (2011–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Hangzhou XZB Tech Co Ltd from 2011 to 2024, covering 14 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 603040 market cap.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 45.1% | CN¥629.81 Million | CN¥1.40 Billion | CN¥836.97 Million | CN¥207.16 Million | ▼ -2.9 pp |
| 2023 | 48.1% | CN¥619.94 Million | CN¥1.29 Billion | CN¥810.20 Million | CN¥190.26 Million | ▼ -6.9 pp |
| 2022 | 54.9% | CN¥624.58 Million | CN¥1.14 Billion | CN¥755.94 Million | CN¥131.36 Million | ▲ +6.2 pp |
| 2021 | 48.8% | CN¥483.64 Million | CN¥991.66 Million | CN¥600.60 Million | CN¥116.96 Million | ▼ -5.6 pp |
| 2020 | 54.4% | CN¥507.02 Million | CN¥932.09 Million | CN¥610.17 Million | CN¥103.15 Million | ▼ -3.5 pp |
| 2019 | 57.9% | CN¥469.39 Million | CN¥810.10 Million | CN¥550.82 Million | CN¥81.43 Million | ▼ -2.6 pp |
| 2018 | 60.6% | CN¥417.79 Million | CN¥689.65 Million | CN¥492.81 Million | CN¥75.02 Million | ▼ -5.1 pp |
| 2017 | 65.7% | CN¥389.41 Million | CN¥592.95 Million | CN¥465.23 Million | CN¥75.82 Million | ▲ +24.5 pp |
| 2016 | 41.2% | CN¥115.20 Million | CN¥279.68 Million | CN¥138.19 Million | CN¥22.99 Million | ▲ +4.6 pp |
| 2015 | 36.6% | CN¥87.18 Million | CN¥238.15 Million | CN¥104.28 Million | CN¥17.10 Million | ▼ -5.5 pp |
| 2014 | 42.1% | CN¥87.17 Million | CN¥206.86 Million | CN¥100.68 Million | CN¥13.51 Million | ▼ -7.9 pp |
| 2013 | 50.0% | CN¥84.52 Million | CN¥168.91 Million | CN¥96.98 Million | CN¥12.47 Million | ▲ +1.9 pp |
| 2012 | 48.1% | CN¥56.00 Million | CN¥116.44 Million | CN¥64.19 Million | CN¥8.18 Million | ▲ +5.2 pp |
| 2011 | 42.9% | CN¥39.56 Million | CN¥92.18 Million | CN¥48.13 Million | CN¥8.57 Million | — |