Jiangxi Jovo Energy Co. Ltd Working Capital to Net Assets Ratio
Jiangxi Jovo Energy Co. Ltd working capital to net assets ratio. Jiangxi Jovo Energy Co. Ltd (605090) has a Working Capital to Net Assets ratio of 40.8% as of June 2025. Working capital of CN¥4.19 Billion (current assets of CN¥7.49 Billion minus current liabilities of CN¥3.30 Billion) is measured against net assets of CN¥10.26 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 Jiangxi Jovo Energy Co. Ltd (2015–2024)
Working capital to net assets ratio of Jiangxi Jovo Energy Co. Ltd from 2015 to 2024. This chart shows how Jiangxi Jovo Energy Co. Ltd's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2015 to 2024. As of June 2025, the ratio stands at 40.8%, reflecting working capital of CN¥4.19 Billion against net assets of CN¥10.26 Billion CNY. See 605090 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Jiangxi Jovo Energy Co. Ltd Working Capital to Net Assets Ratio by Year (2015–2024)
Jiangxi Jovo Energy Co. Ltd working capital to net assets ratio by year from 2015 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Jiangxi Jovo Energy Co. Ltd from 2015 to 2024, covering 10 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 605090 asset base.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 50.3% | CN¥4.84 Billion | CN¥9.61 Billion | CN¥7.76 Billion | CN¥2.92 Billion | ▼ -10.7 pp |
| 2023 | 61.0% | CN¥4.98 Billion | CN¥8.15 Billion | CN¥8.03 Billion | CN¥3.05 Billion | ▲ +7.7 pp |
| 2022 | 53.3% | CN¥3.83 Billion | CN¥7.18 Billion | CN¥6.42 Billion | CN¥2.59 Billion | ▼ -5.8 pp |
| 2021 | 59.2% | CN¥3.51 Billion | CN¥5.92 Billion | CN¥4.79 Billion | CN¥1.29 Billion | ▲ +29.5 pp |
| 2020 | 29.7% | CN¥798.30 Million | CN¥2.69 Billion | CN¥2.23 Billion | CN¥1.44 Billion | ▼ -1.6 pp |
| 2019 | 31.3% | CN¥673.30 Million | CN¥2.15 Billion | CN¥1.96 Billion | CN¥1.29 Billion | ▲ +14.2 pp |
| 2018 | 17.1% | CN¥303.75 Million | CN¥1.78 Billion | CN¥2.31 Billion | CN¥2.01 Billion | ▼ -3.8 pp |
| 2017 | 20.9% | CN¥368.11 Million | CN¥1.77 Billion | CN¥2.46 Billion | CN¥2.09 Billion | ▲ +83.2 pp |
| 2016 | -62.3% | CN¥-514.18 Million | CN¥825.27 Million | CN¥1.54 Billion | CN¥2.05 Billion | ▲ +104.8 pp |
| 2015 | -167.1% | CN¥-816.28 Million | CN¥488.57 Million | CN¥1.60 Billion | CN¥2.41 Billion | — |