Shanghai HIUV New Materials Co Ltd (688680) — Working Capital to Net Assets Ratio
Shanghai HIUV New Materials Co Ltd (688680) has a Working Capital to Net Assets ratio of 73.3% as of September 2025. Working capital of CN¥1.04 Billion (current assets of CN¥1.73 Billion minus current liabilities of CN¥693.41 Million) is measured against net assets of CN¥1.41 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Shanghai HIUV New Materials Co Ltd net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Shanghai HIUV New Materials Co Ltd Working Capital to Net Assets (2012–2024)
This chart shows how Shanghai HIUV New Materials Co Ltd's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2012 to 2024. As of September 2025, the ratio stands at 73.3%, reflecting working capital of CN¥1.04 Billion against net assets of CN¥1.41 Billion CNY. Check Shanghai HIUV New Materials Co Ltd (688680) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Shanghai HIUV New Materials Co Ltd (2012–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Shanghai HIUV New Materials Co Ltd from 2012 to 2024, covering 13 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 688680 stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 73.3% | CN¥1.18 Billion | CN¥1.61 Billion | CN¥2.05 Billion | CN¥867.93 Million | ▼ -6.1 pp |
| 2023 | 79.4% | CN¥1.75 Billion | CN¥2.20 Billion | CN¥3.97 Billion | CN¥2.23 Billion | ▼ -3.1 pp |
| 2022 | 82.5% | CN¥2.05 Billion | CN¥2.48 Billion | CN¥5.42 Billion | CN¥3.38 Billion | ▲ +8.1 pp |
| 2021 | 74.4% | CN¥1.72 Billion | CN¥2.31 Billion | CN¥3.01 Billion | CN¥1.29 Billion | ▲ +14.0 pp |
| 2020 | 60.5% | CN¥455.19 Million | CN¥752.73 Million | CN¥1.19 Billion | CN¥739.53 Million | ▼ -2.9 pp |
| 2019 | 63.3% | CN¥343.81 Million | CN¥542.86 Million | CN¥810.73 Million | CN¥466.92 Million | ▲ +1.0 pp |
| 2018 | 62.4% | CN¥280.52 Million | CN¥449.88 Million | CN¥633.71 Million | CN¥353.19 Million | ▼ -10.1 pp |
| 2017 | 72.4% | CN¥309.29 Million | CN¥426.91 Million | CN¥578.30 Million | CN¥269.01 Million | ▼ -11.5 pp |
| 2016 | 83.9% | CN¥337.92 Million | CN¥402.74 Million | CN¥621.04 Million | CN¥283.12 Million | ▲ +2.4 pp |
| 2015 | 81.5% | CN¥159.12 Million | CN¥195.25 Million | CN¥286.91 Million | CN¥127.79 Million | ▲ +12.3 pp |
| 2014 | 69.2% | CN¥82.83 Million | CN¥119.72 Million | CN¥189.38 Million | CN¥106.55 Million | ▼ -4.1 pp |
| 2013 | 73.3% | CN¥57.64 Million | CN¥78.61 Million | CN¥119.90 Million | CN¥62.26 Million | ▲ +21.1 pp |
| 2012 | 52.2% | CN¥21.05 Million | CN¥40.32 Million | CN¥104.82 Million | CN¥83.77 Million | — |