Chongqing Wangbian Electric (Group) Corp. Ltd. (603191) — Working Capital to Net Assets Ratio

Latest as of June 2025: 75.5%

Chongqing Wangbian Electric (Group) Corp. Ltd. (603191) has a Working Capital to Net Assets ratio of 75.5% as of June 2025. Working capital of CN¥1.88 Billion (current assets of CN¥4.43 Billion minus current liabilities of CN¥2.55 Billion) is measured against net assets of CN¥2.49 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Chongqing Wangbian Electric (Group) Corp (603191) net asset quality to measure how much of total assets are equity-financed.

WC/NA Ratio

75.5%
Working Capital / Net Assets

Working Capital

CN¥1.88 Billion
CNY

Current Assets

CN¥4.43 Billion
CNY

Current Liabilities

CN¥2.55 Billion
CNY

Chongqing Wangbian Electric (Group) Corp. Ltd. Working Capital to Net Assets (2019–2024)

This chart shows how Chongqing Wangbian Electric (Group) Corp. Ltd.'s Working Capital to Net Assets ratio has evolved across 6 annual periods from 2019 to 2024. As of June 2025, the ratio stands at 75.5%, reflecting working capital of CN¥1.88 Billion against net assets of CN¥2.49 Billion CNY. Check Chongqing Wangbian Electric (Group) Corp tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Annual Working Capital to Net Assets for Chongqing Wangbian Electric (Group) Corp. Ltd. (2019–2024)

The table below presents the year-by-year Working Capital to Net Assets ratio for Chongqing Wangbian Electric (Group) Corp. Ltd. from 2019 to 2024, covering 6 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 Chongqing Wangbian Electric (Group) Corp market capitalisation.

Year WC/NA Ratio Working Capital (CNY) Net Assets Current Assets Current Liabilities Change (pp)
2024 54.4% CN¥1.39 Billion CN¥2.55 Billion CN¥4.14 Billion CN¥2.75 Billion ▼ -4.9 pp
2023 59.2% CN¥1.42 Billion CN¥2.39 Billion CN¥3.12 Billion CN¥1.70 Billion ▼ -5.1 pp
2022 64.4% CN¥1.46 Billion CN¥2.27 Billion CN¥2.43 Billion CN¥967.35 Million ▲ +8.6 pp
2021 55.8% CN¥622.08 Million CN¥1.12 Billion CN¥1.47 Billion CN¥848.19 Million ▼ -1.6 pp
2020 57.4% CN¥536.69 Million CN¥934.86 Million CN¥1.14 Billion CN¥608.13 Million ▲ +8.4 pp
2019 49.0% CN¥385.55 Million CN¥786.34 Million CN¥827.59 Million CN¥442.05 Million
pp = percentage points