Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A (603173) — 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. See Hangzhou Fortune Gas Cryogenic Group Co. defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A Working Capital to Net Assets (2021–2024)
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. For the complete balance sheet picture, see balance sheet size of Hangzhou Fortune Gas Cryogenic Group Co..
Annual Working Capital to Net Assets for Hangzhou Fortune Gas Cryogenic Group Co. Ltd. A (2021–2024)
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. Check 603173 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
| 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 | — |