China Southern Power Grid Technology Co Ltd Working Capital to Net Assets Ratio
China Southern Power Grid Technology Co Ltd working capital to net assets ratio. China Southern Power Grid Technology Co Ltd (688248) has a Working Capital to Net Assets ratio of 78.9% as of March 2026. Working capital of CN¥2.65 Billion (current assets of CN¥3.96 Billion minus current liabilities of CN¥1.31 Billion) is measured against net assets of CN¥3.36 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check how tangible is China Southern Power Grid Technology Co 's equity 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 China Southern Power Grid Technology Co Ltd (2018–2025)
Working capital to net assets ratio of China Southern Power Grid Technology Co Ltd from 2018 to 2025. This chart shows how China Southern Power Grid Technology Co Ltd's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2018 to 2025. As of March 2026, the ratio stands at 78.9%, reflecting working capital of CN¥2.65 Billion against net assets of CN¥3.36 Billion CNY. See defensive interval ratio of China Southern Power Grid Technology Co to measure how many days the company can operate on defensive assets alone.
China Southern Power Grid Technology Co Ltd Working Capital to Net Assets Ratio by Year (2018–2025)
China Southern Power Grid Technology Co Ltd working capital to net assets ratio by year from 2018 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for China Southern Power Grid Technology Co Ltd from 2018 to 2025, 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 China Southern Power Grid Technology Co asset portfolio.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 78.3% | CN¥2.59 Billion | CN¥3.30 Billion | CN¥4.26 Billion | CN¥1.67 Billion | ▲ +1.0 pp |
| 2024 | 77.3% | CN¥2.34 Billion | CN¥3.03 Billion | CN¥3.85 Billion | CN¥1.52 Billion | ▼ -5.8 pp |
| 2023 | 83.1% | CN¥2.34 Billion | CN¥2.82 Billion | CN¥3.98 Billion | CN¥1.64 Billion | ▼ -7.3 pp |
| 2022 | 90.4% | CN¥2.34 Billion | CN¥2.59 Billion | CN¥3.38 Billion | CN¥1.04 Billion | ▲ +0.2 pp |
| 2021 | 90.2% | CN¥2.19 Billion | CN¥2.43 Billion | CN¥2.88 Billion | CN¥683.25 Million | ▲ +0.6 pp |
| 2020 | 89.5% | CN¥1.22 Billion | CN¥1.36 Billion | CN¥1.83 Billion | CN¥612.75 Million | ▲ +9.4 pp |
| 2019 | 80.1% | CN¥401.53 Million | CN¥501.30 Million | CN¥773.84 Million | CN¥372.31 Million | ▲ +46.1 pp |
| 2018 | 34.0% | CN¥46.96 Million | CN¥138.05 Million | CN¥299.99 Million | CN¥253.03 Million | — |