Hangzhou Huawang New Material Technology Co.Ltd. (605377) — Working Capital to Net Assets Ratio
Hangzhou Huawang New Material Technology Co.Ltd. (605377) has a Working Capital to Net Assets ratio of 68.0% as of March 2026. Working capital of CN¥2.70 Billion (current assets of CN¥4.58 Billion minus current liabilities of CN¥1.88 Billion) is measured against net assets of CN¥3.97 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Hangzhou Huawang New Material Technology (605377) balance sheet quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Hangzhou Huawang New Material Technology Co.Ltd. Working Capital to Net Assets (2013–2025)
This chart shows how Hangzhou Huawang New Material Technology Co.Ltd.'s Working Capital to Net Assets ratio has evolved across 13 annual periods from 2013 to 2025. As of March 2026, the ratio stands at 68.0%, reflecting working capital of CN¥2.70 Billion against net assets of CN¥3.97 Billion CNY. Check Hangzhou Huawang New Material Technology tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Hangzhou Huawang New Material Technology Co.Ltd. (2013–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Hangzhou Huawang New Material Technology Co.Ltd. from 2013 to 2025, covering 13 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 market cap of Hangzhou Huawang New Material Technology.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 67.0% | CN¥2.62 Billion | CN¥3.91 Billion | CN¥4.68 Billion | CN¥2.06 Billion | ▲ +2.3 pp |
| 2024 | 64.7% | CN¥2.56 Billion | CN¥3.96 Billion | CN¥4.62 Billion | CN¥2.06 Billion | ▼ -0.9 pp |
| 2023 | 65.6% | CN¥2.63 Billion | CN¥4.01 Billion | CN¥4.76 Billion | CN¥2.13 Billion | ▼ -1.1 pp |
| 2022 | 66.6% | CN¥2.41 Billion | CN¥3.61 Billion | CN¥4.27 Billion | CN¥1.86 Billion | ▲ +10.1 pp |
| 2021 | 56.5% | CN¥1.44 Billion | CN¥2.56 Billion | CN¥2.89 Billion | CN¥1.44 Billion | ▼ -6.9 pp |
| 2020 | 63.4% | CN¥1.41 Billion | CN¥2.23 Billion | CN¥2.54 Billion | CN¥1.13 Billion | ▲ +10.7 pp |
| 2019 | 52.7% | CN¥572.47 Million | CN¥1.09 Billion | CN¥1.41 Billion | CN¥841.62 Million | ▲ +2.3 pp |
| 2018 | 50.4% | CN¥456.53 Million | CN¥905.46 Million | CN¥1.26 Billion | CN¥798.71 Million | ▲ +5.9 pp |
| 2017 | 44.5% | CN¥350.54 Million | CN¥786.94 Million | CN¥1.07 Billion | CN¥715.42 Million | ▲ +35.9 pp |
| 2016 | 8.6% | CN¥42.60 Million | CN¥495.66 Million | CN¥721.70 Million | CN¥679.09 Million | ▼ -28.5 pp |
| 2015 | 37.1% | CN¥106.62 Million | CN¥287.65 Million | CN¥475.78 Million | CN¥369.16 Million | ▲ +49.4 pp |
| 2014 | -12.4% | CN¥-19.27 Million | CN¥155.93 Million | CN¥317.30 Million | CN¥336.57 Million | ▲ +40.1 pp |
| 2013 | -52.4% | CN¥-57.68 Million | CN¥110.01 Million | CN¥257.90 Million | CN¥315.58 Million | — |