Hefei Kewell Power System Co Ltd Working Capital to Net Assets Ratio
Hefei Kewell Power System Co Ltd working capital to net assets ratio. Hefei Kewell Power System Co Ltd (688551) has a Working Capital to Net Assets ratio of 64.9% as of September 2025. Working capital of CN¥846.19 Million (current assets of CN¥1.23 Billion minus current liabilities of CN¥388.27 Million) is measured against net assets of CN¥1.30 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check how tangible is Hefei Kewell Power System Co Ltd's equity 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 Hefei Kewell Power System Co Ltd (2017–2024)
Working capital to net assets ratio of Hefei Kewell Power System Co Ltd from 2017 to 2024. This chart shows how Hefei Kewell Power System Co Ltd's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2017 to 2024. As of September 2025, the ratio stands at 64.9%, reflecting working capital of CN¥846.19 Million against net assets of CN¥1.30 Billion CNY. See 688551 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Hefei Kewell Power System Co Ltd Working Capital to Net Assets Ratio by Year (2017–2024)
Hefei Kewell Power System Co Ltd working capital to net assets ratio by year from 2017 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Hefei Kewell Power System Co Ltd from 2017 to 2024, covering 8 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 total assets of Hefei Kewell Power System Co Ltd.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 73.4% | CN¥955.23 Million | CN¥1.30 Billion | CN¥1.34 Billion | CN¥387.49 Million | ▼ -8.3 pp |
| 2023 | 81.8% | CN¥1.07 Billion | CN¥1.31 Billion | CN¥1.47 Billion | CN¥400.01 Million | ▼ -1.3 pp |
| 2022 | 83.1% | CN¥856.02 Million | CN¥1.03 Billion | CN¥1.17 Billion | CN¥316.06 Million | ▼ -6.0 pp |
| 2021 | 89.1% | CN¥864.73 Million | CN¥970.94 Million | CN¥1.03 Billion | CN¥162.93 Million | ▼ -4.1 pp |
| 2020 | 93.2% | CN¥858.48 Million | CN¥921.18 Million | CN¥947.27 Million | CN¥88.79 Million | ▲ +18.5 pp |
| 2019 | 74.7% | CN¥140.36 Million | CN¥187.79 Million | CN¥239.47 Million | CN¥99.11 Million | ▼ -9.2 pp |
| 2018 | 83.9% | CN¥112.66 Million | CN¥134.27 Million | CN¥177.97 Million | CN¥65.31 Million | ▼ -11.8 pp |
| 2017 | 95.7% | CN¥51.47 Million | CN¥53.79 Million | CN¥92.01 Million | CN¥40.54 Million | — |