Sunwave Communications Co Ltd (002115) — Working Capital to Net Assets Ratio

Latest as of March 2026: 36.8%

Sunwave Communications Co Ltd (002115) has a Working Capital to Net Assets ratio of 36.8% as of March 2026. Working capital of CN¥799.29 Million (current assets of CN¥3.12 Billion minus current liabilities of CN¥2.32 Billion) is measured against net assets of CN¥2.17 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Sunwave Communications Co Ltd net asset quality index to measure how much of total assets are equity-financed.

WC/NA Ratio

36.8%
Working Capital / Net Assets

Working Capital

CN¥799.29 Million
CNY

Current Assets

CN¥3.12 Billion
CNY

Current Liabilities

CN¥2.32 Billion
CNY

Sunwave Communications Co Ltd Working Capital to Net Assets (2003–2025)

This chart shows how Sunwave Communications Co Ltd's Working Capital to Net Assets ratio has evolved across 23 annual periods from 2003 to 2025. As of March 2026, the ratio stands at 36.8%, reflecting working capital of CN¥799.29 Million against net assets of CN¥2.17 Billion CNY. Check Sunwave Communications Co Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Annual Working Capital to Net Assets for Sunwave Communications Co Ltd (2003–2025)

The table below presents the year-by-year Working Capital to Net Assets ratio for Sunwave Communications Co Ltd from 2003 to 2025, covering 23 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 Sunwave Communications Co Ltd market capitalisation.

Year WC/NA Ratio Working Capital (CNY) Net Assets Current Assets Current Liabilities Change (pp)
2025 36.5% CN¥786.84 Million CN¥2.16 Billion CN¥3.14 Billion CN¥2.35 Billion ▲ +3.1 pp
2024 33.4% CN¥727.49 Million CN¥2.18 Billion CN¥2.15 Billion CN¥1.43 Billion ▼ -4.4 pp
2023 37.8% CN¥928.83 Million CN¥2.46 Billion CN¥2.61 Billion CN¥1.68 Billion ▼ -2.7 pp
2022 40.5% CN¥985.63 Million CN¥2.43 Billion CN¥2.99 Billion CN¥2.01 Billion ▼ -2.0 pp
2021 42.5% CN¥983.68 Million CN¥2.32 Billion CN¥2.88 Billion CN¥1.90 Billion ▲ +16.3 pp
2020 26.2% CN¥673.00 Million CN¥2.57 Billion CN¥2.39 Billion CN¥1.72 Billion ▲ +2.3 pp
2019 24.0% CN¥623.61 Million CN¥2.60 Billion CN¥2.14 Billion CN¥1.52 Billion ▲ +9.8 pp
2018 14.2% CN¥349.64 Million CN¥2.46 Billion CN¥2.12 Billion CN¥1.77 Billion ▲ +19.3 pp
2017 -5.0% CN¥-95.61 Million CN¥1.89 Billion CN¥1.93 Billion CN¥2.02 Billion ▼ -87.0 pp
2016 81.9% CN¥809.61 Million CN¥988.06 Million CN¥1.78 Billion CN¥968.83 Million ▼ -3.0 pp
2015 84.9% CN¥823.62 Million CN¥969.73 Million CN¥1.50 Billion CN¥671.66 Million ▼ -15.5 pp
2014 100.5% CN¥964.59 Million CN¥960.07 Million CN¥1.61 Billion CN¥648.25 Million ▼ -6.0 pp
2013 106.5% CN¥1.01 Billion CN¥945.20 Million CN¥1.62 Billion CN¥617.51 Million ▲ +23.8 pp
2012 82.7% CN¥930.71 Million CN¥1.13 Billion CN¥1.66 Billion CN¥729.04 Million ▼ -0.5 pp
2011 83.2% CN¥897.25 Million CN¥1.08 Billion CN¥1.77 Billion CN¥877.56 Million ▲ +3.8 pp
2010 79.4% CN¥631.00 Million CN¥794.46 Million CN¥1.30 Billion CN¥670.45 Million ▲ +8.0 pp
2009 71.4% CN¥501.67 Million CN¥702.47 Million CN¥1.25 Billion CN¥747.14 Million ▲ +14.7 pp
2008 56.7% CN¥224.17 Million CN¥395.22 Million CN¥563.54 Million CN¥339.37 Million ▼ -11.4 pp
2007 68.1% CN¥237.06 Million CN¥348.21 Million CN¥540.40 Million CN¥303.34 Million ▼ -17.2 pp
2006 85.2% CN¥116.33 Million CN¥136.46 Million CN¥247.29 Million CN¥130.96 Million ▲ +11.6 pp
2005 73.7% CN¥82.77 Million CN¥112.36 Million CN¥220.86 Million CN¥138.10 Million ▼ -8.5 pp
2004 82.1% CN¥68.20 Million CN¥83.04 Million CN¥193.86 Million CN¥125.67 Million ▲ +4.3 pp
2003 77.8% CN¥46.83 Million CN¥60.20 Million CN¥143.29 Million CN¥96.46 Million —
pp = percentage points