Zhejiang MustangBattery Co.Ltd (605378) — Working Capital to Net Assets Ratio
Zhejiang MustangBattery Co.Ltd (605378) has a Working Capital to Net Assets ratio of 51.0% as of June 2026. Working capital of CN¥613.33 Million (current assets of CN¥907.49 Million minus current liabilities of CN¥294.16 Million) is measured against net assets of CN¥1.20 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Zhejiang MustangBattery Co.Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Zhejiang MustangBattery Co.Ltd Working Capital to Net Assets (2016–2025)
This chart shows how Zhejiang MustangBattery Co.Ltd's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2016 to 2025. As of June 2026, the ratio stands at 51.0%, reflecting working capital of CN¥613.33 Million against net assets of CN¥1.20 Billion CNY. For the complete balance sheet picture, see 605378 current and non-current assets.
Annual Working Capital to Net Assets for Zhejiang MustangBattery Co.Ltd (2016–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Zhejiang MustangBattery Co.Ltd from 2016 to 2025, 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. Check financial resilience of Zhejiang MustangBattery Co.Ltd to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 54.3% | CN¥679.26 Million | CN¥1.25 Billion | CN¥867.12 Million | CN¥187.86 Million | ▼ -11.6 pp |
| 2024 | 65.9% | CN¥847.89 Million | CN¥1.29 Billion | CN¥1.14 Billion | CN¥296.50 Million | ▼ -2.1 pp |
| 2023 | 68.0% | CN¥837.39 Million | CN¥1.23 Billion | CN¥1.13 Billion | CN¥290.08 Million | ▼ -5.6 pp |
| 2022 | 73.6% | CN¥875.55 Million | CN¥1.19 Billion | CN¥1.12 Billion | CN¥246.17 Million | ▼ -5.2 pp |
| 2021 | 78.8% | CN¥896.05 Million | CN¥1.14 Billion | CN¥1.14 Billion | CN¥242.93 Million | ▲ +15.7 pp |
| 2020 | 63.1% | CN¥368.24 Million | CN¥583.58 Million | CN¥650.48 Million | CN¥282.24 Million | ▲ +3.9 pp |
| 2019 | 59.2% | CN¥299.21 Million | CN¥505.32 Million | CN¥536.22 Million | CN¥237.01 Million | ▲ +7.8 pp |
| 2018 | 51.4% | CN¥231.42 Million | CN¥450.12 Million | CN¥497.64 Million | CN¥266.22 Million | ▲ +15.2 pp |
| 2017 | 36.2% | CN¥126.29 Million | CN¥348.96 Million | CN¥487.48 Million | CN¥361.19 Million | ▼ -8.0 pp |
| 2016 | 44.2% | CN¥151.15 Million | CN¥341.67 Million | CN¥423.01 Million | CN¥271.87 Million | — |