Ningbo Deye Technology Co Ltd (605117) — Working Capital to Net Assets Ratio
Ningbo Deye Technology Co Ltd (605117) has a Working Capital to Net Assets ratio of 50.4% as of June 2025. Working capital of CN¥4.73 Billion (current assets of CN¥13.62 Billion minus current liabilities of CN¥8.90 Billion) is measured against net assets of CN¥9.38 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial flexibility index of Ningbo Deye Technology Co Ltd to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Ningbo Deye Technology Co Ltd Working Capital to Net Assets (2019–2024)
This chart shows how Ningbo Deye Technology 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¥4.73 Billion against net assets of CN¥9.38 Billion CNY. See 605117 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Ningbo Deye Technology Co Ltd (2019–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Ningbo Deye Technology 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 live market cap and the full company profile, see Ningbo Deye Technology Co Ltd (605117) market capitalisation.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 56.1% | CN¥5.30 Billion | CN¥9.45 Billion | CN¥10.81 Billion | CN¥5.51 Billion | ▲ +3.3 pp |
| 2023 | 52.8% | CN¥2.76 Billion | CN¥5.23 Billion | CN¥7.93 Billion | CN¥5.17 Billion | ▼ -18.3 pp |
| 2022 | 71.1% | CN¥2.91 Billion | CN¥4.09 Billion | CN¥6.76 Billion | CN¥3.85 Billion | ▲ +4.6 pp |
| 2021 | 66.5% | CN¥1.76 Billion | CN¥2.64 Billion | CN¥3.00 Billion | CN¥1.24 Billion | ▲ +7.1 pp |
| 2020 | 59.3% | CN¥514.65 Million | CN¥867.27 Million | CN¥1.30 Billion | CN¥785.11 Million | ▲ +12.6 pp |
| 2019 | 46.8% | CN¥256.62 Million | CN¥548.83 Million | CN¥907.69 Million | CN¥651.07 Million | — |