Zhejiang He Chuan Technology Corp. Ltd. A (688320) — Working Capital to Net Assets Ratio
Zhejiang He Chuan Technology Corp. Ltd. A (688320) has a Working Capital to Net Assets ratio of 50.5% as of June 2025. Working capital of CN¥654.51 Million (current assets of CN¥1.34 Billion minus current liabilities of CN¥688.47 Million) is measured against net assets of CN¥1.30 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 688320 equity financing ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Zhejiang He Chuan Technology Corp. Ltd. A Working Capital to Net Assets (2019–2024)
This chart shows how Zhejiang He Chuan Technology Corp. Ltd. A's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2019 to 2024. As of June 2025, the ratio stands at 50.5%, reflecting working capital of CN¥654.51 Million against net assets of CN¥1.30 Billion CNY. Check Zhejiang He Chuan Technology Corp. Ltd. tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Zhejiang He Chuan Technology Corp. Ltd. A (2019–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Zhejiang He Chuan Technology Corp. Ltd. A from 2019 to 2024, covering 6 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 He Chuan Technology Corp. Ltd. (688320) market capitalisation.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 50.6% | CN¥662.94 Million | CN¥1.31 Billion | CN¥1.24 Billion | CN¥574.13 Million | ▼ -7.5 pp |
| 2023 | 58.1% | CN¥909.46 Million | CN¥1.56 Billion | CN¥1.45 Billion | CN¥540.76 Million | ▼ -11.8 pp |
| 2022 | 69.9% | CN¥1.07 Billion | CN¥1.53 Billion | CN¥1.61 Billion | CN¥537.77 Million | ▼ -0.6 pp |
| 2021 | 70.6% | CN¥447.22 Million | CN¥633.62 Million | CN¥739.56 Million | CN¥292.34 Million | ▼ -1.0 pp |
| 2020 | 71.6% | CN¥371.38 Million | CN¥518.51 Million | CN¥592.78 Million | CN¥221.40 Million | ▲ +1.2 pp |
| 2019 | 70.4% | CN¥268.53 Million | CN¥381.31 Million | CN¥374.45 Million | CN¥105.91 Million | — |