TuanChe ADR (TC) — Working Capital to Net Assets Ratio
TuanChe ADR (TC) has a Working Capital to Net Assets ratio of 197.0% as of June 2025. Working capital of $64.98 Million (current assets of $197.77 Million minus current liabilities of $132.79 Million) is measured against net assets of $32.99 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See debt-free asset ratio of TuanChe ADR to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
TuanChe ADR Working Capital to Net Assets (2016–2024)
This chart shows how TuanChe ADR's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2016 to 2024. As of June 2025, the ratio stands at 197.0%, reflecting working capital of $64.98 Million against net assets of $32.99 Million USD. Check how tangible is TuanChe ADR's equity to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for TuanChe ADR (2016–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for TuanChe ADR from 2016 to 2024, covering 9 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 TuanChe ADR stock valuation.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 46.2% | $-64.98 Million | $-140.81 Million | $38.05 Million | $103.03 Million | ▲ +173.3 pp |
| 2023 | -127.1% | $-24.77 Million | $19.48 Million | $61.99 Million | $86.76 Million | ▼ -197.3 pp |
| 2022 | 70.2% | $65.11 Million | $92.78 Million | $173.67 Million | $108.56 Million | ▲ +42.3 pp |
| 2021 | 27.9% | $53.92 Million | $193.31 Million | $205.71 Million | $151.78 Million | ▼ -19.2 pp |
| 2020 | 47.1% | $135.24 Million | $287.06 Million | $311.40 Million | $176.16 Million | ▼ -44.5 pp |
| 2019 | 91.6% | $389.32 Million | $425.13 Million | $531.38 Million | $142.06 Million | ▼ -4.1 pp |
| 2018 | 95.6% | $575.70 Million | $601.99 Million | $699.63 Million | $123.94 Million | ▼ -4.9 pp |
| 2017 | 100.6% | $-61.50 Million | $-61.14 Million | $109.55 Million | $171.05 Million | ▼ -3.6 pp |
| 2016 | 104.1% | $-66.24 Million | $-63.61 Million | $46.74 Million | $112.98 Million | — |