SZZT Electronics Co Ltd (002197) — Working Capital to Net Assets Ratio
SZZT Electronics Co Ltd (002197) has a Working Capital to Net Assets ratio of -27.7% as of March 2026. Working capital of CN¥-511.85 Million (current assets of CN¥1.60 Billion minus current liabilities of CN¥2.12 Billion) is measured against net assets of CN¥1.85 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how many days can SZZT Electronics Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
SZZT Electronics Co Ltd Working Capital to Net Assets (2004–2025)
This chart shows how SZZT Electronics Co Ltd's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2004 to 2025. As of March 2026, the ratio stands at -27.7%, reflecting working capital of CN¥-511.85 Million against net assets of CN¥1.85 Billion CNY. For the complete balance sheet picture, see 002197 total asset value.
Annual Working Capital to Net Assets for SZZT Electronics Co Ltd (2004–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for SZZT Electronics Co Ltd from 2004 to 2025, covering 22 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 financial resilience of SZZT Electronics Co Ltd to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -34.6% | CN¥-635.81 Million | CN¥1.84 Billion | CN¥1.09 Billion | CN¥1.73 Billion | ▼ -19.8 pp |
| 2024 | -14.7% | CN¥-326.76 Million | CN¥2.22 Billion | CN¥1.18 Billion | CN¥1.51 Billion | ▼ -12.9 pp |
| 2023 | -1.8% | CN¥-45.73 Million | CN¥2.55 Billion | CN¥1.64 Billion | CN¥1.68 Billion | ▲ +5.6 pp |
| 2022 | -7.4% | CN¥-186.20 Million | CN¥2.51 Billion | CN¥1.55 Billion | CN¥1.73 Billion | ▼ -23.6 pp |
| 2021 | 16.2% | CN¥492.84 Million | CN¥3.04 Billion | CN¥2.13 Billion | CN¥1.63 Billion | ▼ -13.5 pp |
| 2020 | 29.7% | CN¥719.61 Million | CN¥2.42 Billion | CN¥2.64 Billion | CN¥1.92 Billion | ▲ +13.2 pp |
| 2019 | 16.5% | CN¥397.81 Million | CN¥2.41 Billion | CN¥2.67 Billion | CN¥2.27 Billion | ▲ +12.8 pp |
| 2018 | 3.7% | CN¥89.53 Million | CN¥2.42 Billion | CN¥2.54 Billion | CN¥2.45 Billion | ▼ -33.6 pp |
| 2017 | 37.3% | CN¥1.05 Billion | CN¥2.81 Billion | CN¥2.85 Billion | CN¥1.81 Billion | ▼ -17.4 pp |
| 2016 | 54.7% | CN¥1.52 Billion | CN¥2.77 Billion | CN¥2.89 Billion | CN¥1.37 Billion | ▲ +3.7 pp |
| 2015 | 51.0% | CN¥634.04 Million | CN¥1.24 Billion | CN¥1.79 Billion | CN¥1.15 Billion | ▼ -8.9 pp |
| 2014 | 59.9% | CN¥674.57 Million | CN¥1.13 Billion | CN¥1.39 Billion | CN¥714.54 Million | ▼ -4.5 pp |
| 2013 | 64.4% | CN¥695.39 Million | CN¥1.08 Billion | CN¥1.23 Billion | CN¥533.13 Million | ▲ +30.5 pp |
| 2012 | 33.8% | CN¥182.88 Million | CN¥540.75 Million | CN¥758.28 Million | CN¥575.40 Million | ▼ -12.2 pp |
| 2011 | 46.1% | CN¥241.07 Million | CN¥523.32 Million | CN¥778.13 Million | CN¥537.06 Million | ▲ +7.0 pp |
| 2010 | 39.1% | CN¥176.71 Million | CN¥452.00 Million | CN¥636.90 Million | CN¥460.19 Million | ▼ -19.5 pp |
| 2009 | 58.6% | CN¥248.55 Million | CN¥423.91 Million | CN¥544.85 Million | CN¥296.30 Million | ▼ -14.0 pp |
| 2008 | 72.6% | CN¥291.49 Million | CN¥401.27 Million | CN¥529.53 Million | CN¥238.04 Million | ▼ -12.5 pp |
| 2007 | 85.1% | CN¥302.35 Million | CN¥355.26 Million | CN¥452.90 Million | CN¥150.55 Million | ▲ +3.3 pp |
| 2006 | 81.8% | CN¥69.49 Million | CN¥84.94 Million | CN¥123.44 Million | CN¥53.95 Million | ▲ +11.8 pp |
| 2005 | 70.0% | CN¥25.58 Million | CN¥36.54 Million | CN¥66.24 Million | CN¥40.67 Million | ▼ -11.7 pp |
| 2004 | 81.7% | CN¥20.70 Million | CN¥25.33 Million | CN¥51.02 Million | CN¥30.31 Million | — |