Hongsheng Heat Exchanger Mnfg Working Capital to Net Assets Ratio
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
Working Capital
Current Assets
Current Liabilities
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 | — |