Zhejiang Tiantai Xianghe Industrial Co Ltd (603500) — Working Capital to Net Assets Ratio
Zhejiang Tiantai Xianghe Industrial Co Ltd (603500) has a Working Capital to Net Assets ratio of 87.7% as of June 2026. Working capital of CN¥976.42 Million (current assets of CN¥1.40 Billion minus current liabilities of CN¥424.43 Million) is measured against net assets of CN¥1.11 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Zhejiang Tiantai Xianghe Industrial Co L (603500) defensive interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Zhejiang Tiantai Xianghe Industrial Co Ltd Working Capital to Net Assets (2013–2025)
This chart shows how Zhejiang Tiantai Xianghe Industrial Co Ltd's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2013 to 2025. As of June 2026, the ratio stands at 87.7%, reflecting working capital of CN¥976.42 Million against net assets of CN¥1.11 Billion CNY. For the complete balance sheet picture, see balance sheet size of Zhejiang Tiantai Xianghe Industrial Co L.
Annual Working Capital to Net Assets for Zhejiang Tiantai Xianghe Industrial Co Ltd (2013–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Zhejiang Tiantai Xianghe Industrial Co Ltd from 2013 to 2025, covering 13 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 Zhejiang Tiantai Xianghe Industrial Co L liquidity resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 52.7% | CN¥572.27 Million | CN¥1.09 Billion | CN¥1.06 Billion | CN¥489.51 Million | ▼ -0.6 pp |
| 2024 | 53.4% | CN¥548.78 Million | CN¥1.03 Billion | CN¥938.07 Million | CN¥389.28 Million | ▼ -10.7 pp |
| 2023 | 64.0% | CN¥637.68 Million | CN¥996.14 Million | CN¥850.55 Million | CN¥212.87 Million | ▲ +3.8 pp |
| 2022 | 60.2% | CN¥565.37 Million | CN¥939.69 Million | CN¥776.42 Million | CN¥211.05 Million | ▲ +0.1 pp |
| 2021 | 60.1% | CN¥539.34 Million | CN¥897.31 Million | CN¥723.35 Million | CN¥184.01 Million | ▼ -5.7 pp |
| 2020 | 65.8% | CN¥561.80 Million | CN¥853.60 Million | CN¥669.47 Million | CN¥107.66 Million | ▼ -4.9 pp |
| 2019 | 70.7% | CN¥633.10 Million | CN¥895.83 Million | CN¥695.20 Million | CN¥62.10 Million | ▼ -5.1 pp |
| 2018 | 75.8% | CN¥638.36 Million | CN¥842.60 Million | CN¥711.36 Million | CN¥73.00 Million | ▼ -4.1 pp |
| 2017 | 79.9% | CN¥627.58 Million | CN¥785.43 Million | CN¥706.77 Million | CN¥79.19 Million | ▲ +21.3 pp |
| 2016 | 58.6% | CN¥211.53 Million | CN¥361.09 Million | CN¥329.26 Million | CN¥117.73 Million | ▲ +2.2 pp |
| 2015 | 56.4% | CN¥164.69 Million | CN¥291.96 Million | CN¥377.40 Million | CN¥212.72 Million | ▲ +23.2 pp |
| 2014 | 33.2% | CN¥68.79 Million | CN¥207.14 Million | CN¥202.31 Million | CN¥133.52 Million | ▼ -8.6 pp |
| 2013 | 41.8% | CN¥72.78 Million | CN¥174.23 Million | CN¥165.31 Million | CN¥92.53 Million | — |