Zhejiang Tengen Electrics Co Ltd Working Capital to Net Assets Ratio
Zhejiang Tengen Electrics Co Ltd working capital to net assets ratio. Zhejiang Tengen Electrics Co Ltd (605066) has a Working Capital to Net Assets ratio of 53.2% as of June 2025. Working capital of CN¥937.97 Million (current assets of CN¥2.20 Billion minus current liabilities of CN¥1.26 Billion) is measured against net assets of CN¥1.76 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Zhejiang Tengen Electrics Co Ltd (2019–2024)
Working capital to net assets ratio of Zhejiang Tengen Electrics Co Ltd from 2019 to 2024. This chart shows how Zhejiang Tengen Electrics Co Ltd's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2019 to 2024. As of June 2025, the ratio stands at 53.2%, reflecting working capital of CN¥937.97 Million against net assets of CN¥1.76 Billion CNY. See Zhejiang Tengen Electrics Co Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Zhejiang Tengen Electrics Co Ltd Working Capital to Net Assets Ratio by Year (2019–2024)
Zhejiang Tengen Electrics Co Ltd working capital to net assets ratio by year from 2019 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Zhejiang Tengen Electrics Co Ltd from 2019 to 2024, covering 6 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 balance sheet size of Zhejiang Tengen Electrics Co Ltd.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 54.0% | CN¥975.64 Million | CN¥1.81 Billion | CN¥2.25 Billion | CN¥1.27 Billion | ▲ +1.3 pp |
| 2023 | 52.7% | CN¥965.82 Million | CN¥1.83 Billion | CN¥2.54 Billion | CN¥1.57 Billion | ▲ +1.1 pp |
| 2022 | 51.5% | CN¥912.19 Million | CN¥1.77 Billion | CN¥2.14 Billion | CN¥1.23 Billion | ▼ -8.6 pp |
| 2021 | 60.1% | CN¥1.04 Billion | CN¥1.73 Billion | CN¥2.54 Billion | CN¥1.50 Billion | ▼ -10.3 pp |
| 2020 | 70.4% | CN¥1.22 Billion | CN¥1.73 Billion | CN¥2.63 Billion | CN¥1.41 Billion | ▲ +29.3 pp |
| 2019 | 41.1% | CN¥339.84 Million | CN¥827.17 Million | CN¥1.56 Billion | CN¥1.22 Billion | — |