Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A Working Capital to Net Assets Ratio
Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A working capital to net assets ratio. Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A (603173) has a Working Capital to Net Assets ratio of 64.7% as of June 2025. Working capital of CN¥1.16 Billion (current assets of CN¥5.05 Billion minus current liabilities of CN¥3.89 Billion) is measured against net assets of CN¥1.80 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Hangzhou Fortune Gas Cryogenic Group Co. tangible equity quality 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 Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A (2021–2024)
Working capital to net assets ratio of Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A from 2021 to 2024. This chart shows how Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2021 to 2024. As of June 2025, the ratio stands at 64.7%, reflecting working capital of CN¥1.16 Billion against net assets of CN¥1.80 Billion CNY. See 603173 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A Working Capital to Net Assets Ratio by Year (2021–2024)
Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A working capital to net assets ratio by year from 2021 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A from 2021 to 2024, covering 4 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 Hangzhou Fortune Gas Cryogenic Group Co. asset portfolio.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 60.9% | CN¥991.34 Million | CN¥1.63 Billion | CN¥4.65 Billion | CN¥3.66 Billion | ▼ -6.0 pp |
| 2023 | 67.0% | CN¥973.39 Million | CN¥1.45 Billion | CN¥3.91 Billion | CN¥2.94 Billion | ▲ +22.3 pp |
| 2022 | 44.7% | CN¥278.31 Million | CN¥623.03 Million | CN¥2.52 Billion | CN¥2.24 Billion | ▲ +4.2 pp |
| 2021 | 40.5% | CN¥202.19 Million | CN¥499.03 Million | CN¥1.72 Billion | CN¥1.52 Billion | — |