Qiaoyin Environmental Tech Co Ltd Working Capital to Net Assets Ratio
Qiaoyin Environmental Tech Co Ltd working capital to net assets ratio. Qiaoyin Environmental Tech Co Ltd (002973) has a Working Capital to Net Assets ratio of 44.2% as of September 2025. Working capital of CN¥1.24 Billion (current assets of CN¥4.52 Billion minus current liabilities of CN¥3.28 Billion) is measured against net assets of CN¥2.81 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Qiaoyin Environmental Tech Co Ltd (2015–2024)
Working capital to net assets ratio of Qiaoyin Environmental Tech Co Ltd from 2015 to 2024. This chart shows how Qiaoyin Environmental Tech Co Ltd's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2015 to 2024. As of September 2025, the ratio stands at 44.2%, reflecting working capital of CN¥1.24 Billion against net assets of CN¥2.81 Billion CNY. See 002973 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Qiaoyin Environmental Tech Co Ltd Working Capital to Net Assets Ratio by Year (2015–2024)
Qiaoyin Environmental Tech Co Ltd working capital to net assets ratio by year from 2015 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Qiaoyin Environmental Tech Co Ltd from 2015 to 2024, covering 10 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 the complete balance sheet picture, see 002973 total assets.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 35.8% | CN¥957.90 Million | CN¥2.68 Billion | CN¥4.54 Billion | CN¥3.58 Billion | ▲ +14.1 pp |
| 2023 | 21.7% | CN¥528.35 Million | CN¥2.44 Billion | CN¥3.95 Billion | CN¥3.42 Billion | ▲ +0.0 pp |
| 2022 | 21.6% | CN¥463.24 Million | CN¥2.14 Billion | CN¥3.53 Billion | CN¥3.07 Billion | ▲ +11.9 pp |
| 2021 | 9.8% | CN¥188.38 Million | CN¥1.93 Billion | CN¥2.57 Billion | CN¥2.38 Billion | ▼ -18.7 pp |
| 2020 | 28.4% | CN¥484.46 Million | CN¥1.70 Billion | CN¥2.20 Billion | CN¥1.72 Billion | ▲ +24.4 pp |
| 2019 | 4.1% | CN¥51.43 Million | CN¥1.26 Billion | CN¥1.43 Billion | CN¥1.38 Billion | ▼ -28.8 pp |
| 2018 | 32.8% | CN¥288.31 Million | CN¥878.22 Million | CN¥908.37 Million | CN¥620.07 Million | ▼ -30.1 pp |
| 2017 | 62.9% | CN¥420.20 Million | CN¥668.08 Million | CN¥696.44 Million | CN¥276.24 Million | ▼ -0.3 pp |
| 2016 | 63.2% | CN¥292.24 Million | CN¥462.58 Million | CN¥472.52 Million | CN¥180.28 Million | ▲ +5.6 pp |
| 2015 | 57.6% | CN¥126.99 Million | CN¥220.39 Million | CN¥267.17 Million | CN¥140.18 Million | — |