Qingdao Huijintong Power (603577) — Working Capital to Net Assets Ratio
Qingdao Huijintong Power (603577) has a Working Capital to Net Assets ratio of 68.4% as of December 2025. Working capital of CN¥1.39 Billion (current assets of CN¥4.77 Billion minus current liabilities of CN¥3.38 Billion) is measured against net assets of CN¥2.03 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 603577 equity to assets ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Qingdao Huijintong Power Working Capital to Net Assets (2011–2025)
This chart shows how Qingdao Huijintong Power's Working Capital to Net Assets ratio has evolved across 15 annual periods from 2011 to 2025. As of December 2025, the ratio stands at 68.4%, reflecting working capital of CN¥1.39 Billion against net assets of CN¥2.03 Billion CNY. Check Qingdao Huijintong Power tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Qingdao Huijintong Power (2011–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Qingdao Huijintong Power from 2011 to 2025, covering 15 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 Qingdao Huijintong Power market cap and net worth.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 68.4% | CN¥1.39 Billion | CN¥2.03 Billion | CN¥4.77 Billion | CN¥3.38 Billion | ▲ +14.9 pp |
| 2024 | 53.4% | CN¥1.04 Billion | CN¥1.95 Billion | CN¥4.27 Billion | CN¥3.23 Billion | ▲ +18.9 pp |
| 2023 | 34.6% | CN¥643.08 Million | CN¥1.86 Billion | CN¥4.50 Billion | CN¥3.86 Billion | ▼ -10.1 pp |
| 2022 | 44.7% | CN¥799.69 Million | CN¥1.79 Billion | CN¥4.38 Billion | CN¥3.58 Billion | ▼ -0.9 pp |
| 2021 | 45.5% | CN¥941.01 Million | CN¥2.07 Billion | CN¥3.70 Billion | CN¥2.76 Billion | ▼ -18.8 pp |
| 2020 | 64.4% | CN¥876.36 Million | CN¥1.36 Billion | CN¥1.93 Billion | CN¥1.06 Billion | ▲ +2.9 pp |
| 2019 | 61.5% | CN¥771.03 Million | CN¥1.25 Billion | CN¥1.87 Billion | CN¥1.10 Billion | ▲ +13.4 pp |
| 2018 | 48.1% | CN¥431.12 Million | CN¥896.80 Million | CN¥1.52 Billion | CN¥1.09 Billion | ▼ -12.6 pp |
| 2017 | 60.7% | CN¥538.05 Million | CN¥886.14 Million | CN¥1.22 Billion | CN¥680.41 Million | ▼ -11.0 pp |
| 2016 | 71.7% | CN¥601.63 Million | CN¥838.79 Million | CN¥1.19 Billion | CN¥591.73 Million | ▲ +26.2 pp |
| 2015 | 45.5% | CN¥216.05 Million | CN¥474.84 Million | CN¥600.40 Million | CN¥384.35 Million | ▲ +1.1 pp |
| 2014 | 44.4% | CN¥185.72 Million | CN¥418.06 Million | CN¥551.87 Million | CN¥366.15 Million | ▲ +21.6 pp |
| 2013 | 22.8% | CN¥74.51 Million | CN¥326.77 Million | CN¥528.62 Million | CN¥454.11 Million | ▼ -0.3 pp |
| 2012 | 23.1% | CN¥63.61 Million | CN¥275.73 Million | CN¥541.34 Million | CN¥477.72 Million | ▲ +5.8 pp |
| 2011 | 17.3% | CN¥40.31 Million | CN¥233.33 Million | CN¥544.36 Million | CN¥504.05 Million | — |