Zhejiang Heda Technology Co Ltd (688296) — Working Capital to Net Assets Ratio
Zhejiang Heda Technology Co Ltd (688296) has a Working Capital to Net Assets ratio of 70.2% as of March 2026. Working capital of CN¥404.93 Million (current assets of CN¥681.92 Million minus current liabilities of CN¥276.99 Million) is measured against net assets of CN¥577.00 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See 688296 FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Zhejiang Heda Technology Co Ltd Working Capital to Net Assets (2012–2025)
This chart shows how Zhejiang Heda Technology Co Ltd's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2012 to 2025. As of March 2026, the ratio stands at 70.2%, reflecting working capital of CN¥404.93 Million against net assets of CN¥577.00 Million CNY. See defensive interval ratio of Zhejiang Heda Technology Co Ltd to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Zhejiang Heda Technology Co Ltd (2012–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Zhejiang Heda Technology Co Ltd from 2012 to 2025, covering 14 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 Zhejiang Heda Technology Co Ltd market capitalisation.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 71.1% | CN¥429.46 Million | CN¥604.25 Million | CN¥740.67 Million | CN¥311.20 Million | ▼ -1.4 pp |
| 2024 | 72.5% | CN¥507.22 Million | CN¥699.54 Million | CN¥766.70 Million | CN¥259.47 Million | ▼ -1.7 pp |
| 2023 | 74.2% | CN¥522.31 Million | CN¥703.56 Million | CN¥797.32 Million | CN¥275.00 Million | ▼ -7.0 pp |
| 2022 | 81.3% | CN¥611.86 Million | CN¥753.02 Million | CN¥832.53 Million | CN¥220.67 Million | ▼ -6.4 pp |
| 2021 | 87.7% | CN¥642.18 Million | CN¥732.28 Million | CN¥847.50 Million | CN¥205.32 Million | ▼ -3.1 pp |
| 2020 | 90.8% | CN¥322.32 Million | CN¥355.03 Million | CN¥485.82 Million | CN¥163.49 Million | ▲ +1.6 pp |
| 2019 | 89.2% | CN¥244.47 Million | CN¥274.14 Million | CN¥371.09 Million | CN¥126.62 Million | ▲ +8.3 pp |
| 2018 | 80.9% | CN¥131.78 Million | CN¥162.97 Million | CN¥222.08 Million | CN¥90.29 Million | ▼ -12.9 pp |
| 2017 | 93.8% | CN¥134.08 Million | CN¥142.99 Million | CN¥191.14 Million | CN¥57.06 Million | ▲ +5.3 pp |
| 2016 | 88.5% | CN¥92.12 Million | CN¥104.07 Million | CN¥127.93 Million | CN¥35.81 Million | ▲ +6.0 pp |
| 2015 | 82.6% | CN¥51.59 Million | CN¥62.50 Million | CN¥79.08 Million | CN¥27.48 Million | ▼ -11.4 pp |
| 2014 | 93.9% | CN¥20.82 Million | CN¥22.17 Million | CN¥41.40 Million | CN¥20.58 Million | ▲ +0.3 pp |
| 2013 | 93.6% | CN¥17.94 Million | CN¥19.16 Million | CN¥44.99 Million | CN¥27.05 Million | ▲ +6.9 pp |
| 2012 | 86.8% | CN¥12.14 Million | CN¥14.00 Million | CN¥28.75 Million | CN¥16.61 Million | — |