Zhejiang Tieliu Clutch Co Ltd Working Capital to Net Assets Ratio
Zhejiang Tieliu Clutch Co Ltd working capital to net assets ratio. Zhejiang Tieliu Clutch Co Ltd (603926) has a Working Capital to Net Assets ratio of 41.1% as of September 2025. Working capital of CN¥724.25 Million (current assets of CN¥1.88 Billion minus current liabilities of CN¥1.16 Billion) is measured against net assets of CN¥1.76 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check tangible equity quality of Zhejiang Tieliu Clutch Co Ltd 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 Zhejiang Tieliu Clutch Co Ltd (2012–2024)
Working capital to net assets ratio of Zhejiang Tieliu Clutch Co Ltd from 2012 to 2024. This chart shows how Zhejiang Tieliu Clutch Co Ltd's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2012 to 2024. As of September 2025, the ratio stands at 41.1%, reflecting working capital of CN¥724.25 Million against net assets of CN¥1.76 Billion CNY. See Zhejiang Tieliu Clutch Co Ltd (603926) defensive interval to measure how many days the company can operate on defensive assets alone.
Zhejiang Tieliu Clutch Co Ltd Working Capital to Net Assets Ratio by Year (2012–2024)
Zhejiang Tieliu Clutch Co Ltd working capital to net assets ratio by year from 2012 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Zhejiang Tieliu Clutch Co Ltd from 2012 to 2024, 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 the complete balance sheet picture, see Zhejiang Tieliu Clutch Co Ltd total assets.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 37.5% | CN¥646.83 Million | CN¥1.72 Billion | CN¥1.78 Billion | CN¥1.13 Billion | ▼ -6.2 pp |
| 2023 | 43.8% | CN¥742.68 Million | CN¥1.70 Billion | CN¥1.64 Billion | CN¥901.22 Million | ▼ -3.2 pp |
| 2022 | 47.0% | CN¥758.69 Million | CN¥1.61 Billion | CN¥1.50 Billion | CN¥743.56 Million | ▼ -3.4 pp |
| 2021 | 50.4% | CN¥781.64 Million | CN¥1.55 Billion | CN¥1.68 Billion | CN¥894.89 Million | ▲ +3.6 pp |
| 2020 | 46.7% | CN¥600.19 Million | CN¥1.28 Billion | CN¥1.29 Billion | CN¥691.89 Million | ▲ +5.2 pp |
| 2019 | 41.6% | CN¥478.50 Million | CN¥1.15 Billion | CN¥1.18 Billion | CN¥705.39 Million | ▼ -21.3 pp |
| 2018 | 62.8% | CN¥708.94 Million | CN¥1.13 Billion | CN¥984.11 Million | CN¥275.17 Million | ▼ -7.5 pp |
| 2017 | 70.3% | CN¥825.47 Million | CN¥1.17 Billion | CN¥1.05 Billion | CN¥229.04 Million | ▲ +30.3 pp |
| 2016 | 40.0% | CN¥201.56 Million | CN¥503.90 Million | CN¥431.40 Million | CN¥229.83 Million | ▲ +3.7 pp |
| 2015 | 36.3% | CN¥150.26 Million | CN¥413.53 Million | CN¥324.92 Million | CN¥174.66 Million | ▼ -2.9 pp |
| 2014 | 39.2% | CN¥136.31 Million | CN¥347.30 Million | CN¥316.36 Million | CN¥180.05 Million | ▼ -6.8 pp |
| 2013 | 46.1% | CN¥151.62 Million | CN¥329.25 Million | CN¥373.97 Million | CN¥222.35 Million | ▼ -0.2 pp |
| 2012 | 46.2% | CN¥139.42 Million | CN¥301.76 Million | CN¥336.01 Million | CN¥196.58 Million | — |