Changzhou Fusion New Material Co. Ltd. A (688503) — Working Capital to Net Assets Ratio
Changzhou Fusion New Material Co. Ltd. A (688503) has a Working Capital to Net Assets ratio of 69.7% as of June 2025. Working capital of CN¥3.31 Billion (current assets of CN¥7.99 Billion minus current liabilities of CN¥4.68 Billion) is measured against net assets of CN¥4.75 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See debt-free asset ratio of Changzhou Fusion New Material Co. Ltd. A to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Changzhou Fusion New Material Co. Ltd. A Working Capital to Net Assets (2020–2024)
This chart shows how Changzhou Fusion New Material Co. Ltd. A's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2020 to 2024. As of June 2025, the ratio stands at 69.7%, reflecting working capital of CN¥3.31 Billion against net assets of CN¥4.75 Billion CNY. Check tangible net worth ratio of Changzhou Fusion New Material Co. Ltd. A to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Changzhou Fusion New Material Co. Ltd. A (2020–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Changzhou Fusion New Material Co. Ltd. A from 2020 to 2024, covering 5 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 Changzhou Fusion New Material Co. Ltd. A (688503) market capitalisation.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 75.3% | CN¥3.49 Billion | CN¥4.64 Billion | CN¥6.79 Billion | CN¥3.30 Billion | ▼ -10.9 pp |
| 2023 | 86.2% | CN¥4.24 Billion | CN¥4.92 Billion | CN¥6.79 Billion | CN¥2.55 Billion | ▼ -7.8 pp |
| 2022 | 94.0% | CN¥4.27 Billion | CN¥4.55 Billion | CN¥5.52 Billion | CN¥1.25 Billion | ▲ +5.4 pp |
| 2021 | 88.6% | CN¥1.09 Billion | CN¥1.24 Billion | CN¥2.71 Billion | CN¥1.62 Billion | ▼ -3.1 pp |
| 2020 | 91.6% | CN¥906.22 Million | CN¥988.96 Million | CN¥1.40 Billion | CN¥496.83 Million | — |