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 operational self-sufficiency of Qingdao Huijintong Power to measure how many days the company can operate on defensive assets alone.
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. For the complete balance sheet picture, see 603577 asset 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. Check Qingdao Huijintong Power asset resilience ratio 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 | 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 | — |