China Railway High speed Electrification Equipment Co Ltd (688285) — Working Capital to Net Assets Ratio
China Railway High speed Electrification Equipment Co Ltd (688285) has a Working Capital to Net Assets ratio of 57.1% as of September 2025. Working capital of CN¥964.44 Million (current assets of CN¥2.27 Billion minus current liabilities of CN¥1.31 Billion) is measured against net assets of CN¥1.69 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 688285 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
China Railway High speed Electrification Equipment Co Ltd Working Capital to Net Assets (2016–2024)
This chart shows how China Railway High speed Electrification Equipment Co Ltd's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2016 to 2024. As of September 2025, the ratio stands at 57.1%, reflecting working capital of CN¥964.44 Million against net assets of CN¥1.69 Billion CNY. For the complete balance sheet picture, see 688285 current and non-current assets.
Annual Working Capital to Net Assets for China Railway High speed Electrification Equipment Co Ltd (2016–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for China Railway High speed Electrification Equipment Co Ltd from 2016 to 2024, 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. Read 688285 total liabilities for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 57.2% | CN¥950.09 Million | CN¥1.66 Billion | CN¥2.35 Billion | CN¥1.40 Billion | ▲ +2.7 pp |
| 2023 | 54.5% | CN¥887.61 Million | CN¥1.63 Billion | CN¥2.46 Billion | CN¥1.57 Billion | ▼ -4.6 pp |
| 2022 | 59.1% | CN¥946.00 Million | CN¥1.60 Billion | CN¥2.50 Billion | CN¥1.55 Billion | ▼ -4.9 pp |
| 2021 | 64.0% | CN¥955.28 Million | CN¥1.49 Billion | CN¥2.42 Billion | CN¥1.46 Billion | ▲ +8.3 pp |
| 2020 | 55.7% | CN¥398.88 Million | CN¥716.71 Million | CN¥1.59 Billion | CN¥1.19 Billion | ▼ -3.8 pp |
| 2019 | 59.5% | CN¥372.27 Million | CN¥626.08 Million | CN¥1.61 Billion | CN¥1.24 Billion | ▲ +6.2 pp |
| 2018 | 53.2% | CN¥238.36 Million | CN¥447.64 Million | CN¥1.51 Billion | CN¥1.27 Billion | ▼ -0.2 pp |
| 2017 | 53.5% | CN¥200.27 Million | CN¥374.57 Million | CN¥1.36 Billion | CN¥1.16 Billion | ▲ +3.8 pp |
| 2016 | 49.7% | CN¥207.58 Million | CN¥417.91 Million | CN¥1.16 Billion | CN¥955.97 Million | — |