Hangzhou Kelin Electric Co. Ltd. A (688611) — Working Capital to Net Assets Ratio
Hangzhou Kelin Electric Co. Ltd. A (688611) has a Working Capital to Net Assets ratio of 23.9% as of September 2025. Working capital of CN¥208.16 Million (current assets of CN¥383.79 Million minus current liabilities of CN¥175.63 Million) is measured against net assets of CN¥869.34 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Hangzhou Kelin Electric Co. Ltd. A free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Hangzhou Kelin Electric Co. Ltd. A Working Capital to Net Assets (2013–2024)
This chart shows how Hangzhou Kelin Electric Co. Ltd. A's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2013 to 2024. As of September 2025, the ratio stands at 23.9%, reflecting working capital of CN¥208.16 Million against net assets of CN¥869.34 Million CNY. See 688611 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Hangzhou Kelin Electric Co. Ltd. A (2013–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Hangzhou Kelin Electric Co. Ltd. A from 2013 to 2024, covering 12 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 Hangzhou Kelin Electric Co. Ltd. A market cap and net worth.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 34.3% | CN¥308.71 Million | CN¥900.87 Million | CN¥542.60 Million | CN¥233.89 Million | ▼ -36.0 pp |
| 2023 | 70.3% | CN¥592.66 Million | CN¥843.34 Million | CN¥683.45 Million | CN¥90.79 Million | ▲ +7.6 pp |
| 2022 | 62.7% | CN¥510.64 Million | CN¥814.95 Million | CN¥570.20 Million | CN¥59.56 Million | ▼ -5.9 pp |
| 2021 | 68.6% | CN¥574.29 Million | CN¥837.44 Million | CN¥647.21 Million | CN¥72.92 Million | ▼ -14.6 pp |
| 2020 | 83.2% | CN¥287.51 Million | CN¥345.60 Million | CN¥364.34 Million | CN¥76.82 Million | ▲ +1.7 pp |
| 2019 | 81.5% | CN¥195.33 Million | CN¥239.79 Million | CN¥298.95 Million | CN¥103.62 Million | ▲ +9.7 pp |
| 2018 | 71.8% | CN¥107.89 Million | CN¥150.29 Million | CN¥254.29 Million | CN¥146.40 Million | ▲ +0.9 pp |
| 2017 | 70.9% | CN¥89.36 Million | CN¥126.03 Million | CN¥127.89 Million | CN¥38.54 Million | ▼ -22.9 pp |
| 2016 | 93.9% | CN¥65.11 Million | CN¥69.38 Million | CN¥103.28 Million | CN¥38.17 Million | ▲ +1.4 pp |
| 2015 | 92.4% | CN¥43.55 Million | CN¥47.13 Million | CN¥72.96 Million | CN¥29.41 Million | ▲ +4.9 pp |
| 2014 | 87.5% | CN¥35.70 Million | CN¥40.80 Million | CN¥90.47 Million | CN¥54.77 Million | ▼ -1.9 pp |
| 2013 | 89.4% | CN¥80.63 Million | CN¥90.22 Million | CN¥130.49 Million | CN¥49.86 Million | — |