Ningbo Dechang Electrical Machinery Made Co Ltd (605555) — Working Capital to Net Assets Ratio
Ningbo Dechang Electrical Machinery Made Co Ltd (605555) has a Working Capital to Net Assets ratio of 32.2% as of March 2026. Working capital of CN¥963.99 Million (current assets of CN¥3.08 Billion minus current liabilities of CN¥2.12 Billion) is measured against net assets of CN¥2.99 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how leveraged is Ningbo Dechang Electrical Machinery Made's balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Ningbo Dechang Electrical Machinery Made Co Ltd Working Capital to Net Assets (2017–2025)
This chart shows how Ningbo Dechang Electrical Machinery Made Co Ltd's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2017 to 2025. As of March 2026, the ratio stands at 32.2%, reflecting working capital of CN¥963.99 Million against net assets of CN¥2.99 Billion CNY. Check Ningbo Dechang Electrical Machinery Made (605555) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Ningbo Dechang Electrical Machinery Made Co Ltd (2017–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Ningbo Dechang Electrical Machinery Made Co Ltd from 2017 to 2025, covering 9 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 Dechang Electrical Machinery Made market capitalisation.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 31.6% | CN¥949.75 Million | CN¥3.01 Billion | CN¥3.35 Billion | CN¥2.40 Billion | ▼ -11.1 pp |
| 2024 | 42.7% | CN¥1.28 Billion | CN¥3.01 Billion | CN¥3.40 Billion | CN¥2.12 Billion | ▼ -14.2 pp |
| 2023 | 56.9% | CN¥1.55 Billion | CN¥2.73 Billion | CN¥2.98 Billion | CN¥1.43 Billion | ▼ -12.5 pp |
| 2022 | 69.3% | CN¥1.76 Billion | CN¥2.54 Billion | CN¥2.92 Billion | CN¥1.16 Billion | ▼ -11.3 pp |
| 2021 | 80.6% | CN¥1.85 Billion | CN¥2.29 Billion | CN¥3.17 Billion | CN¥1.32 Billion | ▲ +49.7 pp |
| 2020 | 30.9% | CN¥156.31 Million | CN¥505.31 Million | CN¥1.41 Billion | CN¥1.25 Billion | ▲ +58.3 pp |
| 2019 | -27.4% | CN¥-55.51 Million | CN¥202.84 Million | CN¥603.78 Million | CN¥659.28 Million | ▼ -60.1 pp |
| 2018 | 32.8% | CN¥129.27 Million | CN¥394.42 Million | CN¥1.31 Billion | CN¥1.18 Billion | ▲ +42.9 pp |
| 2017 | -10.1% | CN¥-25.49 Million | CN¥251.61 Million | CN¥1.04 Billion | CN¥1.07 Billion | — |