TPV Technology Co Ltd (000727) — Working Capital to Net Assets Ratio
TPV Technology Co Ltd (000727) has a Working Capital to Net Assets ratio of 12.1% as of September 2025. Working capital of CN¥981.61 Million (current assets of CN¥28.57 Billion minus current liabilities of CN¥27.58 Billion) is measured against net assets of CN¥8.12 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See TPV Technology Co Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
TPV Technology Co Ltd Working Capital to Net Assets (1994–2024)
This chart shows how TPV Technology Co Ltd's Working Capital to Net Assets ratio has evolved across 31 annual periods from 1994 to 2024. As of September 2025, the ratio stands at 12.1%, reflecting working capital of CN¥981.61 Million against net assets of CN¥8.12 Billion CNY. For the complete balance sheet picture, see TPV Technology Co Ltd (000727) total assets.
Annual Working Capital to Net Assets for TPV Technology Co Ltd (1994–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for TPV Technology Co Ltd from 1994 to 2024, covering 31 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. Check 000727 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 28.3% | CN¥2.67 Billion | CN¥9.43 Billion | CN¥25.41 Billion | CN¥22.74 Billion | ▼ -5.6 pp |
| 2023 | 33.9% | CN¥3.12 Billion | CN¥9.20 Billion | CN¥24.00 Billion | CN¥20.87 Billion | ▲ +4.5 pp |
| 2022 | 29.4% | CN¥2.53 Billion | CN¥8.60 Billion | CN¥25.12 Billion | CN¥22.59 Billion | ▼ -0.7 pp |
| 2021 | 30.1% | CN¥2.20 Billion | CN¥7.30 Billion | CN¥31.67 Billion | CN¥29.47 Billion | ▼ -38.1 pp |
| 2020 | 68.2% | CN¥4.11 Billion | CN¥6.02 Billion | CN¥28.84 Billion | CN¥24.73 Billion | ▲ +144.1 pp |
| 2019 | -75.9% | CN¥-5.35 Billion | CN¥7.05 Billion | CN¥3.11 Billion | CN¥8.46 Billion | ▼ -68.7 pp |
| 2018 | -7.2% | CN¥-1.21 Billion | CN¥16.73 Billion | CN¥6.05 Billion | CN¥7.27 Billion | ▲ +0.1 pp |
| 2017 | -7.3% | CN¥-1.35 Billion | CN¥18.36 Billion | CN¥5.99 Billion | CN¥7.34 Billion | ▼ -4.2 pp |
| 2016 | -3.1% | CN¥-565.97 Million | CN¥18.31 Billion | CN¥3.90 Billion | CN¥4.47 Billion | ▲ +8.4 pp |
| 2015 | -11.4% | CN¥-2.09 Billion | CN¥18.25 Billion | CN¥2.86 Billion | CN¥4.95 Billion | ▲ +8.9 pp |
| 2014 | -20.4% | CN¥-85.44 Million | CN¥419.08 Million | CN¥11.02 Billion | CN¥11.10 Billion | ▼ -4.0 pp |
| 2013 | -16.4% | CN¥-66.21 Million | CN¥404.18 Million | CN¥436.07 Million | CN¥502.28 Million | ▲ +43.7 pp |
| 2012 | -60.1% | CN¥-250.91 Million | CN¥417.35 Million | CN¥493.00 Million | CN¥743.91 Million | ▼ -41.8 pp |
| 2011 | -18.3% | CN¥-93.88 Million | CN¥513.74 Million | CN¥413.44 Million | CN¥507.32 Million | ▲ +6.2 pp |
| 2010 | -24.4% | CN¥-126.72 Million | CN¥518.49 Million | CN¥365.52 Million | CN¥492.24 Million | ▼ -14.6 pp |
| 2009 | -9.8% | CN¥-53.31 Million | CN¥543.47 Million | CN¥468.73 Million | CN¥522.04 Million | ▲ +4.0 pp |
| 2008 | -13.8% | CN¥-75.05 Million | CN¥544.78 Million | CN¥543.64 Million | CN¥618.70 Million | ▲ +44.3 pp |
| 2007 | -58.1% | CN¥-322.85 Million | CN¥555.60 Million | CN¥442.84 Million | CN¥765.69 Million | ▼ -12.9 pp |
| 2006 | -45.2% | CN¥-451.68 Million | CN¥998.70 Million | CN¥425.61 Million | CN¥877.29 Million | ▲ +1.6 pp |
| 2005 | -46.8% | CN¥-468.16 Million | CN¥999.58 Million | CN¥467.74 Million | CN¥935.90 Million | ▼ -13.9 pp |
| 2004 | -32.9% | CN¥-396.40 Million | CN¥1.20 Billion | CN¥446.53 Million | CN¥842.93 Million | ▼ -1.9 pp |
| 2003 | -31.0% | CN¥-362.82 Million | CN¥1.17 Billion | CN¥451.00 Million | CN¥813.82 Million | ▼ -6.8 pp |
| 2002 | -24.1% | CN¥-276.01 Million | CN¥1.14 Billion | CN¥415.03 Million | CN¥691.04 Million | ▼ -14.0 pp |
| 2001 | -10.2% | CN¥-89.29 Million | CN¥877.13 Million | CN¥409.28 Million | CN¥498.58 Million | ▼ -43.5 pp |
| 2000 | 33.4% | CN¥279.38 Million | CN¥837.40 Million | CN¥589.64 Million | CN¥310.26 Million | ▼ -9.7 pp |
| 1999 | 43.1% | CN¥324.13 Million | CN¥752.90 Million | CN¥602.50 Million | CN¥278.37 Million | ▲ +19.7 pp |
| 1998 | 23.4% | CN¥118.82 Million | CN¥507.97 Million | CN¥292.39 Million | CN¥173.57 Million | ▲ +4.9 pp |
| 1997 | 18.5% | CN¥83.10 Million | CN¥448.74 Million | CN¥181.75 Million | CN¥98.65 Million | ▲ +17.1 pp |
| 1996 | 1.5% | CN¥2.33 Million | CN¥158.99 Million | CN¥118.74 Million | CN¥116.41 Million | ▲ +13.9 pp |
| 1995 | -12.4% | CN¥-16.71 Million | CN¥134.53 Million | CN¥102.03 Million | CN¥118.74 Million | ▲ +1.5 pp |
| 1994 | -13.9% | CN¥-17.17 Million | CN¥123.32 Million | CN¥96.04 Million | CN¥113.21 Million | — |