Hoymiles Power Electronics Inc Working Capital to Net Assets Ratio
Hoymiles Power Electronics Inc working capital to net assets ratio. Hoymiles Power Electronics Inc (688032) has a Working Capital to Net Assets ratio of 70.6% as of September 2025. Working capital of CN¥4.12 Billion (current assets of CN¥5.41 Billion minus current liabilities of CN¥1.30 Billion) is measured against net assets of CN¥5.83 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check 688032 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Hoymiles Power Electronics Inc (2017–2024)
Working capital to net assets ratio of Hoymiles Power Electronics Inc from 2017 to 2024. This chart shows how Hoymiles Power Electronics Inc's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2017 to 2024. As of September 2025, the ratio stands at 70.6%, reflecting working capital of CN¥4.12 Billion against net assets of CN¥5.83 Billion CNY. See defensive interval ratio of Hoymiles Power Electronics Inc to measure how many days the company can operate on defensive assets alone.
Hoymiles Power Electronics Inc Working Capital to Net Assets Ratio by Year (2017–2024)
Hoymiles Power Electronics Inc working capital to net assets ratio by year from 2017 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Hoymiles Power Electronics Inc from 2017 to 2024, covering 8 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 the complete balance sheet picture, see Hoymiles Power Electronics Inc assets under control.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 71.6% | CN¥4.55 Billion | CN¥6.36 Billion | CN¥6.17 Billion | CN¥1.61 Billion | ▼ -13.6 pp |
| 2023 | 85.2% | CN¥5.44 Billion | CN¥6.38 Billion | CN¥6.18 Billion | CN¥747.41 Million | ▼ -5.3 pp |
| 2022 | 90.5% | CN¥5.80 Billion | CN¥6.41 Billion | CN¥6.64 Billion | CN¥841.94 Million | ▼ -7.5 pp |
| 2021 | 98.0% | CN¥5.86 Billion | CN¥5.99 Billion | CN¥6.24 Billion | CN¥372.52 Million | ▲ +24.2 pp |
| 2020 | 73.7% | CN¥278.12 Million | CN¥377.15 Million | CN¥548.63 Million | CN¥270.51 Million | ▼ -3.1 pp |
| 2019 | 76.8% | CN¥210.84 Million | CN¥274.38 Million | CN¥458.34 Million | CN¥247.50 Million | ▼ -61.8 pp |
| 2018 | 138.7% | CN¥285.48 Million | CN¥205.84 Million | CN¥500.36 Million | CN¥214.89 Million | ▲ +42.5 pp |
| 2017 | 96.2% | CN¥188.29 Million | CN¥195.73 Million | CN¥362.24 Million | CN¥173.95 Million | — |