Zhejiang Noblelift Equip Working Capital to Net Assets Ratio

Latest as of September 2025: 43.5%

Zhejiang Noblelift Equip working capital to net assets ratio. Zhejiang Noblelift Equip (603611) has a Working Capital to Net Assets ratio of 43.5% as of September 2025. Working capital of CN¥1.38 Billion (current assets of CN¥6.86 Billion minus current liabilities of CN¥5.48 Billion) is measured against net assets of CN¥3.17 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Zhejiang Noblelift Equip (603611) tangible net worth to evaluate the tangible quality of the company's equity base.

WC/NA Ratio

43.5%
Working Capital / Net Assets

Working Capital

CN¥1.38 Billion
CNY

Current Assets

CN¥6.86 Billion
CNY

Current Liabilities

CN¥5.48 Billion
CNY

Working Capital to Net Assets Ratio of Zhejiang Noblelift Equip (2011–2024)

Working capital to net assets ratio of Zhejiang Noblelift Equip from 2011 to 2024. This chart shows how Zhejiang Noblelift Equip's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2011 to 2024. As of September 2025, the ratio stands at 43.5%, reflecting working capital of CN¥1.38 Billion against net assets of CN¥3.17 Billion CNY. See Zhejiang Noblelift Equip (603611) defensive interval to measure how many days the company can operate on defensive assets alone.

Zhejiang Noblelift Equip Working Capital to Net Assets Ratio by Year (2011–2024)

Zhejiang Noblelift Equip working capital to net assets ratio by year from 2011 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Zhejiang Noblelift Equip from 2011 to 2024, covering 14 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 Zhejiang Noblelift Equip (603611) total assets.

Year WC/NA Ratio Working Capital (CNY) Net Assets Current Assets Current Liabilities Change (pp)
2024 45.5% CN¥1.35 Billion CN¥2.98 Billion CN¥6.67 Billion CN¥5.32 Billion ▲ +9.3 pp
2023 36.2% CN¥973.41 Million CN¥2.69 Billion CN¥7.04 Billion CN¥6.07 Billion ▼ -13.4 pp
2022 49.6% CN¥1.18 Billion CN¥2.37 Billion CN¥7.17 Billion CN¥6.00 Billion ▲ +7.1 pp
2021 42.6% CN¥894.48 Million CN¥2.10 Billion CN¥5.78 Billion CN¥4.89 Billion ▲ +6.2 pp
2020 36.4% CN¥695.18 Million CN¥1.91 Billion CN¥4.01 Billion CN¥3.32 Billion ▲ +11.5 pp
2019 24.9% CN¥404.82 Million CN¥1.62 Billion CN¥3.48 Billion CN¥3.07 Billion ▼ -12.1 pp
2018 37.1% CN¥654.76 Million CN¥1.77 Billion CN¥2.36 Billion CN¥1.71 Billion ▼ -2.8 pp
2017 39.9% CN¥647.68 Million CN¥1.62 Billion CN¥1.96 Billion CN¥1.31 Billion ▲ +6.9 pp
2016 33.0% CN¥435.18 Million CN¥1.32 Billion CN¥1.56 Billion CN¥1.13 Billion ▼ -33.2 pp
2015 66.2% CN¥577.52 Million CN¥871.99 Million CN¥953.90 Million CN¥376.38 Million ▲ +25.9 pp
2014 40.3% CN¥194.77 Million CN¥483.41 Million CN¥583.64 Million CN¥388.87 Million ▼ -20.9 pp
2013 61.2% CN¥260.99 Million CN¥426.36 Million CN¥588.65 Million CN¥327.66 Million ▲ +49.8 pp
2012 11.4% CN¥41.22 Million CN¥360.61 Million CN¥445.37 Million CN¥404.15 Million ▲ +14.1 pp
2011 -2.7% CN¥-7.72 Million CN¥289.70 Million CN¥526.04 Million CN¥533.76 Million —
pp = percentage points