Shanghai Taihe Water Environmental Technology Development Co Ltd Working Capital to Net Assets Ratio
Shanghai Taihe Water Environmental Technology Development Co Ltd working capital to net assets ratio. Shanghai Taihe Water Environmental Technology Development Co Ltd (605081) has a Working Capital to Net Assets ratio of 50.4% as of June 2025. Working capital of CN¥462.80 Million (current assets of CN¥804.02 Million minus current liabilities of CN¥341.23 Million) is measured against net assets of CN¥918.18 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check 605081 tangible net assets ratio 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 Shanghai Taihe Water Environmental Technology Development Co Ltd (2019–2024)
Working capital to net assets ratio of Shanghai Taihe Water Environmental Technology Development Co Ltd from 2019 to 2024. This chart shows how Shanghai Taihe Water Environmental Technology Development 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 50.4%, reflecting working capital of CN¥462.80 Million against net assets of CN¥918.18 Million CNY. See Shanghai Taihe Water Environmental Techn defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Shanghai Taihe Water Environmental Technology Development Co Ltd Working Capital to Net Assets Ratio by Year (2019–2024)
Shanghai Taihe Water Environmental Technology Development 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 Shanghai Taihe Water Environmental Technology Development 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 605081 asset base.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 56.9% | CN¥553.45 Million | CN¥972.44 Million | CN¥1.03 Billion | CN¥475.75 Million | ▼ -11.5 pp |
| 2023 | 68.4% | CN¥896.24 Million | CN¥1.31 Billion | CN¥1.17 Billion | CN¥275.74 Million | ▼ -7.5 pp |
| 2022 | 75.9% | CN¥1.21 Billion | CN¥1.60 Billion | CN¥1.46 Billion | CN¥250.46 Million | ▼ -10.7 pp |
| 2021 | 86.6% | CN¥1.59 Billion | CN¥1.84 Billion | CN¥1.86 Billion | CN¥263.08 Million | ▲ +7.5 pp |
| 2020 | 79.1% | CN¥766.37 Million | CN¥968.91 Million | CN¥1.05 Billion | CN¥282.10 Million | ▲ +2.4 pp |
| 2019 | 76.7% | CN¥626.97 Million | CN¥817.50 Million | CN¥849.61 Million | CN¥222.64 Million | — |