Jiangsu Hengxing New Material Working Capital to Net Assets Ratio
Jiangsu Hengxing New Material working capital to net assets ratio. Jiangsu Hengxing New Material (603276) has a Working Capital to Net Assets ratio of 54.7% as of June 2026. Working capital of CN¥980.20 Million (current assets of CN¥1.07 Billion minus current liabilities of CN¥91.91 Million) is measured against net assets of CN¥1.79 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Jiangsu Hengxing New Material (2017–2025)
Working capital to net assets ratio of Jiangsu Hengxing New Material from 2017 to 2025. This chart shows how Jiangsu Hengxing New Material's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2017 to 2025. As of June 2026, the ratio stands at 54.7%, reflecting working capital of CN¥980.20 Million against net assets of CN¥1.79 Billion CNY. See how many days can Jiangsu Hengxing New Material fund operations to measure how many days the company can operate on defensive assets alone.
Jiangsu Hengxing New Material Working Capital to Net Assets Ratio by Year (2017–2025)
Jiangsu Hengxing New Material working capital to net assets ratio by year from 2017 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Jiangsu Hengxing New Material from 2017 to 2025, covering 9 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 Jiangsu Hengxing New Material total assets.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 55.1% | CN¥973.81 Million | CN¥1.77 Billion | CN¥1.08 Billion | CN¥102.20 Million | ▼ -2.8 pp |
| 2024 | 57.9% | CN¥1.01 Billion | CN¥1.74 Billion | CN¥1.07 Billion | CN¥61.52 Million | ▼ -4.2 pp |
| 2023 | 62.0% | CN¥1.09 Billion | CN¥1.76 Billion | CN¥1.18 Billion | CN¥93.71 Million | ▲ +48.1 pp |
| 2022 | 13.9% | CN¥107.53 Million | CN¥773.55 Million | CN¥326.14 Million | CN¥218.61 Million | ▲ +5.0 pp |
| 2021 | 8.9% | CN¥60.30 Million | CN¥679.87 Million | CN¥344.02 Million | CN¥283.71 Million | ▼ -20.7 pp |
| 2020 | 29.6% | CN¥176.63 Million | CN¥596.33 Million | CN¥321.69 Million | CN¥145.07 Million | ▼ -43.0 pp |
| 2019 | 72.6% | CN¥353.24 Million | CN¥486.70 Million | CN¥425.11 Million | CN¥71.87 Million | ▼ -1.5 pp |
| 2018 | 74.0% | CN¥312.97 Million | CN¥422.67 Million | CN¥355.46 Million | CN¥42.48 Million | ▲ +23.9 pp |
| 2017 | 50.2% | CN¥106.52 Million | CN¥212.21 Million | CN¥179.27 Million | CN¥72.76 Million | — |