Hefei Changqing Machinery Co Ltd Working Capital to Net Assets Ratio
Hefei Changqing Machinery Co Ltd working capital to net assets ratio. Hefei Changqing Machinery Co Ltd (603768) has a Working Capital to Net Assets ratio of -30.5% as of June 2026. Working capital of CN¥-672.47 Million (current assets of CN¥2.88 Billion minus current liabilities of CN¥3.55 Billion) is measured against net assets of CN¥2.20 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Hefei Changqing Machinery Co Ltd (603768) tangible net worth to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Hefei Changqing Machinery Co Ltd (2012–2025)
Working capital to net assets ratio of Hefei Changqing Machinery Co Ltd from 2012 to 2025. This chart shows how Hefei Changqing Machinery Co Ltd's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2012 to 2025. As of June 2026, the ratio stands at -30.5%, reflecting working capital of CN¥-672.47 Million against net assets of CN¥2.20 Billion CNY. See operational self-sufficiency of Hefei Changqing Machinery Co Ltd to measure how many days the company can operate on defensive assets alone.
Hefei Changqing Machinery Co Ltd Working Capital to Net Assets Ratio by Year (2012–2025)
Hefei Changqing Machinery Co Ltd working capital to net assets ratio by year from 2012 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Hefei Changqing Machinery Co Ltd from 2012 to 2025, 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 how large is Hefei Changqing Machinery Co Ltd's balance sheet.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -26.3% | CN¥-576.55 Million | CN¥2.19 Billion | CN¥2.42 Billion | CN¥3.00 Billion | ▼ -19.2 pp |
| 2024 | -7.2% | CN¥-174.63 Million | CN¥2.43 Billion | CN¥2.51 Billion | CN¥2.68 Billion | ▲ +12.5 pp |
| 2023 | -19.7% | CN¥-392.87 Million | CN¥2.00 Billion | CN¥1.95 Billion | CN¥2.34 Billion | ▼ -11.1 pp |
| 2022 | -8.6% | CN¥-161.22 Million | CN¥1.89 Billion | CN¥1.70 Billion | CN¥1.86 Billion | ▲ +0.0 pp |
| 2021 | -8.6% | CN¥-154.80 Million | CN¥1.80 Billion | CN¥1.57 Billion | CN¥1.73 Billion | ▼ -12.5 pp |
| 2020 | 3.9% | CN¥68.56 Million | CN¥1.76 Billion | CN¥1.66 Billion | CN¥1.59 Billion | ▲ +1.5 pp |
| 2019 | 2.4% | CN¥41.09 Million | CN¥1.70 Billion | CN¥1.70 Billion | CN¥1.66 Billion | ▼ -16.9 pp |
| 2018 | 19.3% | CN¥328.13 Million | CN¥1.70 Billion | CN¥1.38 Billion | CN¥1.05 Billion | ▼ -22.8 pp |
| 2017 | 42.1% | CN¥697.53 Million | CN¥1.66 Billion | CN¥1.51 Billion | CN¥808.85 Million | ▲ +65.3 pp |
| 2016 | -23.3% | CN¥-173.47 Million | CN¥745.93 Million | CN¥588.86 Million | CN¥762.33 Million | ▲ +1.9 pp |
| 2015 | -25.2% | CN¥-150.32 Million | CN¥597.57 Million | CN¥433.90 Million | CN¥584.22 Million | ▲ +11.2 pp |
| 2014 | -36.3% | CN¥-188.95 Million | CN¥520.40 Million | CN¥412.32 Million | CN¥601.27 Million | ▼ -4.8 pp |
| 2013 | -31.5% | CN¥-142.96 Million | CN¥454.09 Million | CN¥571.47 Million | CN¥714.43 Million | ▲ +17.4 pp |
| 2012 | -48.9% | CN¥-162.05 Million | CN¥331.60 Million | CN¥393.59 Million | CN¥555.64 Million | — |