Longyan Zhuoyue New Energy Co Ltd (688196) — Working Capital to Net Assets Ratio

Latest as of March 2026: 73.7%

Longyan Zhuoyue New Energy Co Ltd (688196) has a Working Capital to Net Assets ratio of 73.7% as of March 2026. Working capital of CN¥2.37 Billion (current assets of CN¥2.79 Billion minus current liabilities of CN¥418.47 Million) is measured against net assets of CN¥3.21 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Longyan Zhuoyue New Energy Co Ltd balance sheet quality to measure how much of total assets are equity-financed.

WC/NA Ratio

73.7%
Working Capital / Net Assets

Working Capital

CN¥2.37 Billion
CNY

Current Assets

CN¥2.79 Billion
CNY

Current Liabilities

CN¥418.47 Million
CNY

Longyan Zhuoyue New Energy Co Ltd Working Capital to Net Assets (2016–2025)

This chart shows how Longyan Zhuoyue New Energy Co Ltd's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2016 to 2025. As of March 2026, the ratio stands at 73.7%, reflecting working capital of CN¥2.37 Billion against net assets of CN¥3.21 Billion CNY. Check 688196 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Annual Working Capital to Net Assets for Longyan Zhuoyue New Energy Co Ltd (2016–2025)

The table below presents the year-by-year Working Capital to Net Assets ratio for Longyan Zhuoyue New Energy 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. For live market cap and the full company profile, see how much is Longyan Zhuoyue New Energy Co Ltd worth.

Year WC/NA Ratio Working Capital (CNY) Net Assets Current Assets Current Liabilities Change (pp)
2025 65.3% CN¥2.08 Billion CN¥3.19 Billion CN¥2.59 Billion CN¥506.81 Million ▲ +12.2 pp
2024 53.1% CN¥1.48 Billion CN¥2.79 Billion CN¥1.88 Billion CN¥395.13 Million ▲ +6.3 pp
2023 46.8% CN¥1.25 Billion CN¥2.68 Billion CN¥1.35 Billion CN¥96.10 Million ▼ -17.0 pp
2022 63.8% CN¥1.77 Billion CN¥2.78 Billion CN¥1.92 Billion CN¥147.01 Million ▲ +17.3 pp
2021 46.5% CN¥1.15 Billion CN¥2.47 Billion CN¥1.23 Billion CN¥78.67 Million ▼ -1.6 pp
2020 48.1% CN¥1.07 Billion CN¥2.22 Billion CN¥1.12 Billion CN¥48.68 Million ▼ -32.4 pp
2019 80.5% CN¥1.66 Billion CN¥2.07 Billion CN¥1.71 Billion CN¥42.54 Million ▲ +32.9 pp
2018 47.6% CN¥310.29 Million CN¥651.44 Million CN¥459.69 Million CN¥149.40 Million ▼ -9.5 pp
2017 57.1% CN¥306.95 Million CN¥537.56 Million CN¥378.46 Million CN¥71.51 Million ▲ +3.3 pp
2016 53.8% CN¥254.14 Million CN¥472.74 Million CN¥298.02 Million CN¥43.88 Million
pp = percentage points