Shenzhen MeiG Smart Technology Co Ltd (002881) — Working Capital to Net Assets Ratio
Shenzhen MeiG Smart Technology Co Ltd (002881) has a Working Capital to Net Assets ratio of 73.3% as of September 2025. Working capital of CN¥1.23 Billion (current assets of CN¥2.38 Billion minus current liabilities of CN¥1.14 Billion) is measured against net assets of CN¥1.68 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Shenzhen MeiG Smart Technology Co Ltd net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Shenzhen MeiG Smart Technology Co Ltd Working Capital to Net Assets (2013–2024)
This chart shows how Shenzhen MeiG Smart Technology Co Ltd's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2013 to 2024. As of September 2025, the ratio stands at 73.3%, reflecting working capital of CN¥1.23 Billion against net assets of CN¥1.68 Billion CNY. Check how tangible is Shenzhen MeiG Smart Technology Co Ltd's equity to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Shenzhen MeiG Smart Technology Co Ltd (2013–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Shenzhen MeiG Smart Technology Co Ltd from 2013 to 2024, covering 12 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 market value of Shenzhen MeiG Smart Technology Co Ltd.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 71.0% | CN¥1.11 Billion | CN¥1.57 Billion | CN¥2.28 Billion | CN¥1.17 Billion | ▲ +4.7 pp |
| 2023 | 66.3% | CN¥980.83 Million | CN¥1.48 Billion | CN¥1.61 Billion | CN¥624.45 Million | ▲ +8.7 pp |
| 2022 | 57.6% | CN¥472.08 Million | CN¥820.25 Million | CN¥1.27 Billion | CN¥797.45 Million | ▼ -5.0 pp |
| 2021 | 62.6% | CN¥432.75 Million | CN¥691.31 Million | CN¥1.21 Billion | CN¥774.00 Million | ▼ -9.2 pp |
| 2020 | 71.8% | CN¥417.87 Million | CN¥581.76 Million | CN¥812.56 Million | CN¥394.68 Million | ▼ -12.5 pp |
| 2019 | 84.4% | CN¥463.21 Million | CN¥549.08 Million | CN¥695.98 Million | CN¥232.77 Million | ▲ +0.8 pp |
| 2018 | 83.6% | CN¥442.32 Million | CN¥529.32 Million | CN¥807.97 Million | CN¥365.65 Million | ▲ +2.3 pp |
| 2017 | 81.2% | CN¥400.54 Million | CN¥493.18 Million | CN¥719.26 Million | CN¥318.72 Million | ▲ +23.0 pp |
| 2016 | 58.2% | CN¥132.74 Million | CN¥228.15 Million | CN¥372.26 Million | CN¥239.52 Million | ▲ +15.5 pp |
| 2015 | 42.7% | CN¥77.51 Million | CN¥181.43 Million | CN¥317.30 Million | CN¥239.79 Million | ▲ +14.5 pp |
| 2014 | 28.2% | CN¥41.01 Million | CN¥145.32 Million | CN¥199.07 Million | CN¥158.06 Million | ▲ +125.9 pp |
| 2013 | -97.7% | CN¥-99.32 Million | CN¥101.70 Million | CN¥137.80 Million | CN¥237.11 Million | — |