Zhejiang Haiyan Power System Resources Environmental Technology Co. Ltd. A (688565) — Working Capital to Net Assets Ratio

Latest as of June 2025: 44.8%

Zhejiang Haiyan Power System Resources Environmental Technology Co. Ltd. A (688565) has a Working Capital to Net Assets ratio of 44.8% as of June 2025. Working capital of CN¥219.68 Million (current assets of CN¥627.90 Million minus current liabilities of CN¥408.22 Million) is measured against net assets of CN¥490.09 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See net asset quality index of Zhejiang Haiyan Power System Resources E to measure how much of total assets are equity-financed.

WC/NA Ratio

44.8%
Working Capital / Net Assets

Working Capital

CN¥219.68 Million
CNY

Current Assets

CN¥627.90 Million
CNY

Current Liabilities

CN¥408.22 Million
CNY

Zhejiang Haiyan Power System Resources Environmental Technology Co. Ltd. A Working Capital to Net Assets (2017–2024)

This chart shows how Zhejiang Haiyan Power System Resources Environmental Technology Co. Ltd. A's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2017 to 2024. As of June 2025, the ratio stands at 44.8%, reflecting working capital of CN¥219.68 Million against net assets of CN¥490.09 Million CNY. Check 688565 tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Annual Working Capital to Net Assets for Zhejiang Haiyan Power System Resources Environmental Technology Co. Ltd. A (2017–2024)

The table below presents the year-by-year Working Capital to Net Assets ratio for Zhejiang Haiyan Power System Resources Environmental Technology Co. Ltd. A 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 live market cap and the full company profile, see Zhejiang Haiyan Power System Resources E (688565) market capitalisation.

Year WC/NA Ratio Working Capital (CNY) Net Assets Current Assets Current Liabilities Change (pp)
2024 40.3% CN¥196.37 Million CN¥487.77 Million CN¥613.83 Million CN¥417.46 Million ▲ +6.4 pp
2023 33.9% CN¥166.67 Million CN¥491.71 Million CN¥671.59 Million CN¥504.92 Million ▼ -17.9 pp
2022 51.8% CN¥301.18 Million CN¥580.95 Million CN¥677.00 Million CN¥375.82 Million ▼ -10.0 pp
2021 61.8% CN¥391.92 Million CN¥634.04 Million CN¥644.66 Million CN¥252.74 Million ▲ +13.4 pp
2020 48.4% CN¥202.68 Million CN¥418.39 Million CN¥509.49 Million CN¥306.81 Million ▼ -5.0 pp
2019 53.4% CN¥202.84 Million CN¥379.62 Million CN¥517.01 Million CN¥314.17 Million ▼ -6.5 pp
2018 59.9% CN¥201.93 Million CN¥337.07 Million CN¥581.69 Million CN¥379.76 Million ▼ -32.3 pp
2017 92.2% CN¥253.30 Million CN¥274.65 Million CN¥447.68 Million CN¥194.38 Million
pp = percentage points