Tes Touch Embedded Solutions (003019) — Working Capital to Net Assets Ratio
Tes Touch Embedded Solutions (003019) has a Working Capital to Net Assets ratio of 71.0% as of March 2026. Working capital of CN¥1.27 Billion (current assets of CN¥2.17 Billion minus current liabilities of CN¥893.85 Million) is measured against net assets of CN¥1.80 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 003019 FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Tes Touch Embedded Solutions Working Capital to Net Assets (2016–2025)
This chart shows how Tes Touch Embedded Solutions's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2016 to 2025. As of March 2026, the ratio stands at 71.0%, reflecting working capital of CN¥1.27 Billion against net assets of CN¥1.80 Billion CNY. See defensive interval ratio of Tes Touch Embedded Solutions to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Tes Touch Embedded Solutions (2016–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Tes Touch Embedded Solutions from 2016 to 2025, 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 live market cap and the full company profile, see 003019 market cap.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 56.7% | CN¥1.01 Billion | CN¥1.79 Billion | CN¥1.82 Billion | CN¥812.99 Million | ▲ +3.9 pp |
| 2024 | 52.8% | CN¥847.31 Million | CN¥1.61 Billion | CN¥1.55 Billion | CN¥698.95 Million | ▼ -7.6 pp |
| 2023 | 60.4% | CN¥966.97 Million | CN¥1.60 Billion | CN¥1.29 Billion | CN¥325.30 Million | ▼ -21.5 pp |
| 2022 | 81.9% | CN¥1.25 Billion | CN¥1.52 Billion | CN¥1.55 Billion | CN¥308.45 Million | ▼ -6.9 pp |
| 2021 | 88.7% | CN¥1.16 Billion | CN¥1.31 Billion | CN¥1.71 Billion | CN¥547.18 Million | ▲ +4.4 pp |
| 2020 | 84.3% | CN¥1.02 Billion | CN¥1.21 Billion | CN¥1.29 Billion | CN¥268.63 Million | ▲ +9.6 pp |
| 2019 | 74.8% | CN¥363.43 Million | CN¥486.19 Million | CN¥670.50 Million | CN¥307.07 Million | ▲ +5.2 pp |
| 2018 | 69.5% | CN¥276.22 Million | CN¥397.17 Million | CN¥560.69 Million | CN¥284.46 Million | ▼ -21.3 pp |
| 2017 | 90.8% | CN¥286.99 Million | CN¥316.00 Million | CN¥494.45 Million | CN¥207.46 Million | ▼ -1.0 pp |
| 2016 | 91.8% | CN¥228.63 Million | CN¥248.99 Million | CN¥471.14 Million | CN¥242.50 Million | — |