Hangzhou Huaguang Advanced Welding Materials Co Ltd Working Capital to Net Assets Ratio
Hangzhou Huaguang Advanced Welding Materials Co Ltd working capital to net assets ratio. Hangzhou Huaguang Advanced Welding Materials Co Ltd (688379) has a Working Capital to Net Assets ratio of 56.1% as of June 2026. Working capital of CN¥801.73 Million (current assets of CN¥3.39 Billion minus current liabilities of CN¥2.58 Billion) is measured against net assets of CN¥1.43 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Hangzhou Huaguang Advanced Welding Mater tangible equity quality 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 Hangzhou Huaguang Advanced Welding Materials Co Ltd (2012–2025)
Working capital to net assets ratio of Hangzhou Huaguang Advanced Welding Materials Co Ltd from 2012 to 2025. This chart shows how Hangzhou Huaguang Advanced Welding Materials Co Ltd's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2012 to 2025. As of June 2026, the ratio stands at 56.1%, reflecting working capital of CN¥801.73 Million against net assets of CN¥1.43 Billion CNY. See 688379 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Hangzhou Huaguang Advanced Welding Materials Co Ltd Working Capital to Net Assets Ratio by Year (2012–2025)
Hangzhou Huaguang Advanced Welding Materials Co Ltd working capital to net assets ratio by year from 2012 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Hangzhou Huaguang Advanced Welding Materials 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 the complete balance sheet picture, see balance sheet size of Hangzhou Huaguang Advanced Welding Mater.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 44.6% | CN¥523.28 Million | CN¥1.17 Billion | CN¥2.18 Billion | CN¥1.65 Billion | ▼ -10.7 pp |
| 2024 | 55.3% | CN¥551.16 Million | CN¥996.16 Million | CN¥1.83 Billion | CN¥1.28 Billion | ▼ -19.6 pp |
| 2023 | 74.9% | CN¥701.74 Million | CN¥936.36 Million | CN¥1.47 Billion | CN¥768.73 Million | ▲ +6.1 pp |
| 2022 | 68.8% | CN¥616.85 Million | CN¥896.54 Million | CN¥1.28 Billion | CN¥662.67 Million | ▼ -7.1 pp |
| 2021 | 75.9% | CN¥696.18 Million | CN¥917.23 Million | CN¥1.25 Billion | CN¥550.42 Million | ▼ -1.5 pp |
| 2020 | 77.4% | CN¥689.41 Million | CN¥891.02 Million | CN¥991.83 Million | CN¥302.42 Million | ▲ +13.8 pp |
| 2019 | 63.6% | CN¥322.36 Million | CN¥507.21 Million | CN¥600.59 Million | CN¥278.23 Million | ▼ -3.8 pp |
| 2018 | 67.3% | CN¥301.64 Million | CN¥447.89 Million | CN¥567.83 Million | CN¥266.19 Million | ▲ +2.0 pp |
| 2017 | 65.4% | CN¥273.52 Million | CN¥418.46 Million | CN¥484.06 Million | CN¥210.55 Million | ▲ +10.2 pp |
| 2016 | 55.1% | CN¥181.94 Million | CN¥329.95 Million | CN¥387.65 Million | CN¥205.72 Million | ▲ +3.1 pp |
| 2015 | 52.0% | CN¥156.99 Million | CN¥301.79 Million | CN¥304.13 Million | CN¥147.14 Million | ▼ -9.0 pp |
| 2014 | 61.0% | CN¥174.14 Million | CN¥285.24 Million | CN¥298.70 Million | CN¥124.57 Million | ▼ -10.5 pp |
| 2013 | 71.6% | CN¥182.05 Million | CN¥254.36 Million | CN¥306.38 Million | CN¥124.33 Million | ▼ -1.7 pp |
| 2012 | 73.2% | CN¥156.80 Million | CN¥214.06 Million | CN¥268.46 Million | CN¥111.67 Million | — |