Joyware Electronics Co Ltd (300270) — Working Capital to Net Assets Ratio
Joyware Electronics Co Ltd (300270) has a Working Capital to Net Assets ratio of 48.4% as of September 2025. Working capital of CN¥268.85 Million (current assets of CN¥495.99 Million minus current liabilities of CN¥227.14 Million) is measured against net assets of CN¥555.66 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Joyware Electronics 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
Joyware Electronics Co Ltd Working Capital to Net Assets (2008–2024)
This chart shows how Joyware Electronics Co Ltd's Working Capital to Net Assets ratio has evolved across 17 annual periods from 2008 to 2024. As of September 2025, the ratio stands at 48.4%, reflecting working capital of CN¥268.85 Million against net assets of CN¥555.66 Million CNY. Check tangible net worth ratio of Joyware Electronics Co Ltd to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Joyware Electronics Co Ltd (2008–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Joyware Electronics Co Ltd from 2008 to 2024, covering 17 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 Joyware Electronics Co Ltd market capitalisation.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 39.6% | CN¥237.95 Million | CN¥600.60 Million | CN¥516.59 Million | CN¥278.63 Million | ▼ -9.5 pp |
| 2023 | 49.1% | CN¥325.26 Million | CN¥661.79 Million | CN¥631.58 Million | CN¥306.32 Million | ▲ +3.9 pp |
| 2022 | 45.2% | CN¥342.64 Million | CN¥757.42 Million | CN¥668.11 Million | CN¥325.47 Million | ▼ -8.6 pp |
| 2021 | 53.9% | CN¥404.97 Million | CN¥752.01 Million | CN¥640.97 Million | CN¥236.00 Million | ▼ -5.5 pp |
| 2020 | 59.3% | CN¥470.20 Million | CN¥792.86 Million | CN¥749.87 Million | CN¥279.67 Million | ▲ +10.4 pp |
| 2019 | 48.9% | CN¥451.89 Million | CN¥924.98 Million | CN¥829.34 Million | CN¥377.45 Million | ▲ +2.4 pp |
| 2018 | 46.4% | CN¥478.13 Million | CN¥1.03 Billion | CN¥889.28 Million | CN¥411.15 Million | ▲ +21.6 pp |
| 2017 | 24.8% | CN¥167.98 Million | CN¥677.39 Million | CN¥527.61 Million | CN¥359.64 Million | ▼ -25.2 pp |
| 2016 | 50.0% | CN¥312.88 Million | CN¥625.43 Million | CN¥558.21 Million | CN¥245.33 Million | ▼ -20.3 pp |
| 2015 | 70.3% | CN¥406.13 Million | CN¥577.75 Million | CN¥568.10 Million | CN¥161.98 Million | ▼ -2.4 pp |
| 2014 | 72.7% | CN¥382.96 Million | CN¥526.66 Million | CN¥500.84 Million | CN¥117.88 Million | ▼ -3.2 pp |
| 2013 | 75.9% | CN¥362.49 Million | CN¥477.72 Million | CN¥392.61 Million | CN¥30.12 Million | ▼ -8.0 pp |
| 2012 | 83.9% | CN¥396.55 Million | CN¥472.57 Million | CN¥437.34 Million | CN¥40.80 Million | ▼ -7.2 pp |
| 2011 | 91.1% | CN¥392.78 Million | CN¥431.21 Million | CN¥423.19 Million | CN¥30.42 Million | ▲ +22.0 pp |
| 2010 | 69.1% | CN¥53.24 Million | CN¥77.08 Million | CN¥106.18 Million | CN¥52.94 Million | ▼ -24.2 pp |
| 2009 | 93.3% | CN¥46.73 Million | CN¥50.09 Million | CN¥61.06 Million | CN¥14.33 Million | ▲ +2.9 pp |
| 2008 | 90.4% | CN¥22.71 Million | CN¥25.13 Million | CN¥33.70 Million | CN¥10.99 Million | — |