Wuxi Nce Power Co Ltd (605111) — Working Capital to Net Assets Ratio
Wuxi Nce Power Co Ltd (605111) has a Working Capital to Net Assets ratio of 79.5% as of June 2025. Working capital of CN¥3.37 Billion (current assets of CN¥3.72 Billion minus current liabilities of CN¥351.47 Million) is measured against net assets of CN¥4.25 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Wuxi Nce Power Co Ltd balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Wuxi Nce Power Co Ltd Working Capital to Net Assets (2018–2024)
This chart shows how Wuxi Nce Power Co Ltd's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2018 to 2024. As of June 2025, the ratio stands at 79.5%, reflecting working capital of CN¥3.37 Billion against net assets of CN¥4.25 Billion CNY. Check Wuxi Nce Power Co Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Wuxi Nce Power Co Ltd (2018–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Wuxi Nce Power Co Ltd from 2018 to 2024, covering 7 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 live market cap and the full company profile, see 605111 market cap overview.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 80.2% | CN¥3.24 Billion | CN¥4.04 Billion | CN¥3.64 Billion | CN¥395.22 Million | ▼ -1.8 pp |
| 2023 | 82.1% | CN¥3.06 Billion | CN¥3.73 Billion | CN¥3.62 Billion | CN¥553.37 Million | ▼ -4.3 pp |
| 2022 | 86.4% | CN¥2.98 Billion | CN¥3.45 Billion | CN¥3.47 Billion | CN¥487.75 Million | ▲ +8.9 pp |
| 2021 | 77.4% | CN¥1.18 Billion | CN¥1.53 Billion | CN¥1.51 Billion | CN¥322.89 Million | ▼ -10.1 pp |
| 2020 | 87.5% | CN¥1.01 Billion | CN¥1.16 Billion | CN¥1.24 Billion | CN¥227.19 Million | ▲ +6.2 pp |
| 2019 | 81.3% | CN¥464.88 Million | CN¥571.62 Million | CN¥693.33 Million | CN¥228.45 Million | ▲ +3.9 pp |
| 2018 | 77.5% | CN¥366.74 Million | CN¥473.41 Million | CN¥510.54 Million | CN¥143.80 Million | — |