Hongsheng Heat Exchanger Mnfg Working Capital to Net Assets Ratio

Latest as of March 2026: 49.5%

Hongsheng Heat Exchanger Mnfg working capital to net assets ratio. Hongsheng Heat Exchanger Mnfg (603090) has a Working Capital to Net Assets ratio of 49.5% as of March 2026. Working capital of CN¥322.73 Million (current assets of CN¥621.50 Million minus current liabilities of CN¥298.77 Million) is measured against net assets of CN¥652.01 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check 603090 tangible net worth ratio to evaluate the tangible quality of the company's equity base.

WC/NA Ratio

49.5%
Working Capital / Net Assets

Working Capital

CN¥322.73 Million
CNY

Current Assets

CN¥621.50 Million
CNY

Current Liabilities

CN¥298.77 Million
CNY

Working Capital to Net Assets Ratio of Hongsheng Heat Exchanger Mnfg (2011–2025)

Working capital to net assets ratio of Hongsheng Heat Exchanger Mnfg from 2011 to 2025. This chart shows how Hongsheng Heat Exchanger Mnfg's Working Capital to Net Assets ratio has evolved across 15 annual periods from 2011 to 2025. As of March 2026, the ratio stands at 49.5%, reflecting working capital of CN¥322.73 Million against net assets of CN¥652.01 Million CNY. See operational self-sufficiency of Hongsheng Heat Exchanger Mnfg to measure how many days the company can operate on defensive assets alone.

Hongsheng Heat Exchanger Mnfg Working Capital to Net Assets Ratio by Year (2011–2025)

Hongsheng Heat Exchanger Mnfg working capital to net assets ratio by year from 2011 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Hongsheng Heat Exchanger Mnfg from 2011 to 2025, covering 15 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 the complete balance sheet picture, see Hongsheng Heat Exchanger Mnfg balance sheet assets.

Year WC/NA Ratio Working Capital (CNY) Net Assets Current Assets Current Liabilities Change (pp)
2025 44.8% CN¥283.97 Million CN¥633.64 Million CN¥567.63 Million CN¥283.66 Million ▼ -6.6 pp
2024 51.4% CN¥306.02 Million CN¥595.09 Million CN¥577.79 Million CN¥271.77 Million ▼ -1.6 pp
2023 53.0% CN¥305.42 Million CN¥576.07 Million CN¥543.93 Million CN¥238.52 Million ▲ +3.9 pp
2022 49.1% CN¥269.73 Million CN¥549.10 Million CN¥576.82 Million CN¥307.10 Million ▲ +6.6 pp
2021 42.5% CN¥224.28 Million CN¥527.34 Million CN¥460.27 Million CN¥235.99 Million ▲ +4.3 pp
2020 38.2% CN¥194.48 Million CN¥509.12 Million CN¥377.83 Million CN¥183.36 Million ▼ -1.6 pp
2019 39.8% CN¥203.56 Million CN¥511.27 Million CN¥436.88 Million CN¥233.32 Million ▼ -1.4 pp
2018 41.2% CN¥201.43 Million CN¥488.70 Million CN¥370.11 Million CN¥168.69 Million ▼ -2.5 pp
2017 43.7% CN¥203.15 Million CN¥465.12 Million CN¥331.67 Million CN¥128.52 Million ▼ -29.6 pp
2016 73.2% CN¥332.00 Million CN¥453.30 Million CN¥396.16 Million CN¥64.16 Million ▲ +12.4 pp
2015 60.9% CN¥145.62 Million CN¥239.19 Million CN¥202.33 Million CN¥56.71 Million ▼ -1.0 pp
2014 61.9% CN¥142.77 Million CN¥230.58 Million CN¥208.72 Million CN¥65.95 Million ▲ +2.9 pp
2013 59.0% CN¥120.35 Million CN¥204.06 Million CN¥163.10 Million CN¥42.75 Million ▼ -0.6 pp
2012 59.6% CN¥100.00 Million CN¥167.90 Million CN¥145.51 Million CN¥45.52 Million ▼ -11.0 pp
2011 70.5% CN¥91.41 Million CN¥129.58 Million CN¥156.72 Million CN¥65.31 Million —
pp = percentage points