Tianyang Hot Mel (603330) — Working Capital to Net Assets Ratio
Tianyang Hot Mel (603330) has a Working Capital to Net Assets ratio of 15.7% as of June 2025. Working capital of CN¥242.15 Million (current assets of CN¥994.66 Million minus current liabilities of CN¥752.51 Million) is measured against net assets of CN¥1.54 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Tianyang Hot Mel (603330) financial flexibility to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Tianyang Hot Mel Working Capital to Net Assets (2016–2024)
This chart shows how Tianyang Hot Mel's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2016 to 2024. As of June 2025, the ratio stands at 15.7%, reflecting working capital of CN¥242.15 Million against net assets of CN¥1.54 Billion CNY. See 603330 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Tianyang Hot Mel (2016–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Tianyang Hot Mel from 2016 to 2024, 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 live market cap and the full company profile, see Tianyang Hot Mel market cap and net worth.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 22.1% | CN¥342.33 Million | CN¥1.55 Billion | CN¥1.21 Billion | CN¥871.47 Million | ▼ -14.8 pp |
| 2023 | 36.8% | CN¥665.72 Million | CN¥1.81 Billion | CN¥1.48 Billion | CN¥811.33 Million | ▲ +33.6 pp |
| 2022 | 3.2% | CN¥33.08 Million | CN¥1.02 Billion | CN¥1.21 Billion | CN¥1.18 Billion | ▼ -37.9 pp |
| 2021 | 41.1% | CN¥467.03 Million | CN¥1.14 Billion | CN¥966.11 Million | CN¥499.09 Million | ▲ +18.3 pp |
| 2020 | 22.8% | CN¥162.96 Million | CN¥715.18 Million | CN¥662.96 Million | CN¥500.00 Million | ▲ +3.3 pp |
| 2019 | 19.5% | CN¥120.03 Million | CN¥615.48 Million | CN¥546.36 Million | CN¥426.32 Million | ▼ -15.4 pp |
| 2018 | 34.9% | CN¥223.03 Million | CN¥639.44 Million | CN¥470.22 Million | CN¥247.19 Million | ▼ -7.8 pp |
| 2017 | 42.6% | CN¥263.36 Million | CN¥617.71 Million | CN¥418.21 Million | CN¥154.85 Million | ▼ -13.1 pp |
| 2016 | 55.7% | CN¥201.99 Million | CN¥362.58 Million | CN¥313.08 Million | CN¥111.09 Million | — |