Shanghai Putailai New Energy Technology Co.Ltd. (603659) — Working Capital to Net Assets Ratio
Shanghai Putailai New Energy Technology Co.Ltd. (603659) has a Working Capital to Net Assets ratio of 32.4% as of March 2026. Working capital of CN¥7.21 Billion (current assets of CN¥28.66 Billion minus current liabilities of CN¥21.45 Billion) is measured against net assets of CN¥22.28 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 603659 financial flexibility score to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Shanghai Putailai New Energy Technology Co.Ltd. Working Capital to Net Assets (2013–2025)
This chart shows how Shanghai Putailai New Energy Technology Co.Ltd.'s Working Capital to Net Assets ratio has evolved across 13 annual periods from 2013 to 2025. As of March 2026, the ratio stands at 32.4%, reflecting working capital of CN¥7.21 Billion against net assets of CN¥22.28 Billion CNY. See how many days can Shanghai Putailai New Energy Technology fund operations to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Shanghai Putailai New Energy Technology Co.Ltd. (2013–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Shanghai Putailai New Energy Technology 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. For live market cap and the full company profile, see Shanghai Putailai New Energy Technology (603659) total market value.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 30.0% | CN¥6.82 Billion | CN¥22.75 Billion | CN¥26.73 Billion | CN¥19.91 Billion | ▼ -3.6 pp |
| 2024 | 33.6% | CN¥6.56 Billion | CN¥19.54 Billion | CN¥23.41 Billion | CN¥16.86 Billion | ▼ -10.6 pp |
| 2023 | 44.2% | CN¥8.28 Billion | CN¥18.73 Billion | CN¥28.67 Billion | CN¥20.39 Billion | ▼ -3.3 pp |
| 2022 | 47.5% | CN¥6.64 Billion | CN¥13.97 Billion | CN¥24.98 Billion | CN¥18.34 Billion | ▲ +9.9 pp |
| 2021 | 37.7% | CN¥4.02 Billion | CN¥10.67 Billion | CN¥13.50 Billion | CN¥9.48 Billion | ▼ -19.2 pp |
| 2020 | 56.9% | CN¥5.07 Billion | CN¥8.92 Billion | CN¥10.37 Billion | CN¥5.30 Billion | ▲ +35.1 pp |
| 2019 | 21.8% | CN¥795.37 Million | CN¥3.64 Billion | CN¥4.97 Billion | CN¥4.17 Billion | ▼ -35.9 pp |
| 2018 | 57.7% | CN¥1.80 Billion | CN¥3.12 Billion | CN¥4.72 Billion | CN¥2.92 Billion | ▼ -23.9 pp |
| 2017 | 81.7% | CN¥2.09 Billion | CN¥2.55 Billion | CN¥3.51 Billion | CN¥1.43 Billion | ▲ +18.0 pp |
| 2016 | 63.7% | CN¥635.45 Million | CN¥997.47 Million | CN¥1.55 Billion | CN¥913.85 Million | ▼ -15.8 pp |
| 2015 | 79.5% | CN¥511.75 Million | CN¥643.51 Million | CN¥992.59 Million | CN¥480.84 Million | ▲ +28.5 pp |
| 2014 | 51.0% | CN¥118.66 Million | CN¥232.57 Million | CN¥401.87 Million | CN¥283.21 Million | ▲ +1.8 pp |
| 2013 | 49.2% | CN¥77.02 Million | CN¥156.41 Million | CN¥274.57 Million | CN¥197.54 Million | — |