Qtone Education Group Guangdong Ltd Working Capital to Net Assets Ratio
Qtone Education Group Guangdong Ltd working capital to net assets ratio. Qtone Education Group Guangdong Ltd (300359) has a Working Capital to Net Assets ratio of 78.9% as of September 2025. Working capital of CN¥484.74 Million (current assets of CN¥618.65 Million minus current liabilities of CN¥133.91 Million) is measured against net assets of CN¥614.25 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check 300359 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Qtone Education Group Guangdong Ltd (2009–2024)
Working capital to net assets ratio of Qtone Education Group Guangdong Ltd from 2009 to 2024. This chart shows how Qtone Education Group Guangdong Ltd's Working Capital to Net Assets ratio has evolved across 16 annual periods from 2009 to 2024. As of September 2025, the ratio stands at 78.9%, reflecting working capital of CN¥484.74 Million against net assets of CN¥614.25 Million CNY. See Qtone Education Group Guangdong Ltd (300359) defensive interval to measure how many days the company can operate on defensive assets alone.
Qtone Education Group Guangdong Ltd Working Capital to Net Assets Ratio by Year (2009–2024)
Qtone Education Group Guangdong Ltd working capital to net assets ratio by year from 2009 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Qtone Education Group Guangdong Ltd from 2009 to 2024, covering 16 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 Qtone Education Group Guangdong Ltd assets under control.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 80.2% | CN¥552.40 Million | CN¥688.52 Million | CN¥725.66 Million | CN¥173.27 Million | ▲ +1.1 pp |
| 2023 | 79.1% | CN¥642.43 Million | CN¥812.27 Million | CN¥868.86 Million | CN¥226.43 Million | ▲ +2.6 pp |
| 2022 | 76.5% | CN¥616.99 Million | CN¥806.66 Million | CN¥953.13 Million | CN¥336.15 Million | ▲ +23.6 pp |
| 2021 | 52.9% | CN¥419.72 Million | CN¥793.48 Million | CN¥889.34 Million | CN¥469.62 Million | ▲ +6.2 pp |
| 2020 | 46.7% | CN¥367.16 Million | CN¥786.68 Million | CN¥887.55 Million | CN¥520.39 Million | ▲ +10.3 pp |
| 2019 | 36.3% | CN¥258.11 Million | CN¥710.35 Million | CN¥826.19 Million | CN¥568.08 Million | ▲ +8.2 pp |
| 2018 | 28.1% | CN¥416.24 Million | CN¥1.48 Billion | CN¥980.74 Million | CN¥564.49 Million | ▲ +5.6 pp |
| 2017 | 22.4% | CN¥499.23 Million | CN¥2.22 Billion | CN¥1.01 Billion | CN¥513.30 Million | ▲ +0.1 pp |
| 2016 | 22.4% | CN¥474.21 Million | CN¥2.12 Billion | CN¥900.76 Million | CN¥426.55 Million | ▼ -7.2 pp |
| 2015 | 29.6% | CN¥592.71 Million | CN¥2.00 Billion | CN¥937.66 Million | CN¥344.95 Million | ▼ -37.3 pp |
| 2014 | 66.9% | CN¥248.35 Million | CN¥371.18 Million | CN¥271.23 Million | CN¥22.88 Million | ▼ -3.6 pp |
| 2013 | 70.5% | CN¥151.43 Million | CN¥214.76 Million | CN¥173.71 Million | CN¥22.28 Million | ▲ +5.7 pp |
| 2012 | 64.9% | CN¥119.84 Million | CN¥184.77 Million | CN¥137.10 Million | CN¥17.27 Million | ▲ +12.2 pp |
| 2011 | 52.7% | CN¥77.27 Million | CN¥146.71 Million | CN¥95.49 Million | CN¥18.22 Million | ▼ -35.7 pp |
| 2010 | 88.4% | CN¥54.60 Million | CN¥61.77 Million | CN¥64.56 Million | CN¥9.96 Million | ▼ -6.3 pp |
| 2009 | 94.7% | CN¥27.73 Million | CN¥29.28 Million | CN¥33.72 Million | CN¥5.99 Million | — |