Zhuzhou CRRC Times Electric Co Ltd (688187) — Working Capital to Net Assets Ratio
Zhuzhou CRRC Times Electric Co Ltd (688187) has a Working Capital to Net Assets ratio of 37.6% as of December 2025. Working capital of CN¥17.29 Billion (current assets of CN¥41.84 Billion minus current liabilities of CN¥24.55 Billion) is measured against net assets of CN¥45.92 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Zhuzhou CRRC Times Electric Co Ltd financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Zhuzhou CRRC Times Electric Co Ltd Working Capital to Net Assets (2019–2025)
This chart shows how Zhuzhou CRRC Times Electric Co Ltd's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2019 to 2025. As of December 2025, the ratio stands at 37.6%, reflecting working capital of CN¥17.29 Billion against net assets of CN¥45.92 Billion CNY. See operational self-sufficiency of Zhuzhou CRRC Times Electric Co Ltd to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Zhuzhou CRRC Times Electric Co Ltd (2019–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Zhuzhou CRRC Times Electric Co Ltd from 2019 to 2025, covering 7 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 Zhuzhou CRRC Times Electric Co Ltd market cap and net worth.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 37.6% | CN¥17.29 Billion | CN¥45.92 Billion | CN¥41.84 Billion | CN¥24.55 Billion | ▼ -24.2 pp |
| 2024 | 61.9% | CN¥27.70 Billion | CN¥44.76 Billion | CN¥46.43 Billion | CN¥18.73 Billion | ▼ -2.0 pp |
| 2023 | 63.9% | CN¥24.08 Billion | CN¥37.72 Billion | CN¥37.51 Billion | CN¥13.43 Billion | ▼ -6.2 pp |
| 2022 | 70.1% | CN¥24.74 Billion | CN¥35.30 Billion | CN¥36.44 Billion | CN¥11.70 Billion | ▼ -6.5 pp |
| 2021 | 76.6% | CN¥25.49 Billion | CN¥33.29 Billion | CN¥34.64 Billion | CN¥9.15 Billion | ▲ +0.1 pp |
| 2020 | 76.5% | CN¥18.55 Billion | CN¥24.26 Billion | CN¥26.43 Billion | CN¥7.88 Billion | ▼ -1.9 pp |
| 2019 | 78.4% | CN¥17.39 Billion | CN¥22.20 Billion | CN¥26.77 Billion | CN¥9.38 Billion | — |