Hangzhou Honghua Digital Technology Stock Company LTD Working Capital to Net Assets Ratio
Hangzhou Honghua Digital Technology Stock Company LTD working capital to net assets ratio. Hangzhou Honghua Digital Technology Stock Company LTD (688789) has a Working Capital to Net Assets ratio of 56.4% as of June 2025. Working capital of CN¥1.95 Billion (current assets of CN¥2.84 Billion minus current liabilities of CN¥892.99 Million) is measured against net assets of CN¥3.45 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Hangzhou Honghua Digital Technology Stock Company LTD (2017–2024)
Working capital to net assets ratio of Hangzhou Honghua Digital Technology Stock Company LTD from 2017 to 2024. This chart shows how Hangzhou Honghua Digital Technology Stock Company LTD'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 56.4%, reflecting working capital of CN¥1.95 Billion against net assets of CN¥3.45 Billion CNY. See 688789 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Hangzhou Honghua Digital Technology Stock Company LTD Working Capital to Net Assets Ratio by Year (2017–2024)
Hangzhou Honghua Digital Technology Stock Company 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 Hangzhou Honghua Digital Technology Stock Company 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 balance sheet size of Hangzhou Honghua Digital Technology Stoc.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 56.4% | CN¥1.82 Billion | CN¥3.24 Billion | CN¥2.79 Billion | CN¥970.87 Million | ▼ -5.4 pp |
| 2023 | 61.7% | CN¥1.80 Billion | CN¥2.91 Billion | CN¥2.38 Billion | CN¥580.77 Million | ▼ -3.4 pp |
| 2022 | 65.1% | CN¥1.12 Billion | CN¥1.71 Billion | CN¥1.44 Billion | CN¥321.98 Million | ▼ -18.5 pp |
| 2021 | 83.6% | CN¥1.25 Billion | CN¥1.49 Billion | CN¥1.51 Billion | CN¥267.05 Million | ▲ +5.1 pp |
| 2020 | 78.5% | CN¥591.39 Million | CN¥753.42 Million | CN¥831.69 Million | CN¥240.30 Million | ▼ -0.2 pp |
| 2019 | 78.7% | CN¥450.07 Million | CN¥571.95 Million | CN¥600.37 Million | CN¥150.30 Million | ▲ +5.5 pp |
| 2018 | 73.2% | CN¥306.96 Million | CN¥419.62 Million | CN¥436.27 Million | CN¥129.31 Million | ▲ +8.2 pp |
| 2017 | 65.0% | CN¥204.53 Million | CN¥314.71 Million | CN¥313.71 Million | CN¥109.18 Million | — |