Queclink Wireless Solutions Co Ltd (300590) — Working Capital to Net Assets Ratio
Queclink Wireless Solutions Co Ltd (300590) has a Working Capital to Net Assets ratio of 75.1% as of March 2026. Working capital of CN¥1.42 Billion (current assets of CN¥1.73 Billion minus current liabilities of CN¥315.58 Million) is measured against net assets of CN¥1.89 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Queclink Wireless Solutions Co Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Queclink Wireless Solutions Co Ltd Working Capital to Net Assets (2012–2025)
This chart shows how Queclink Wireless Solutions Co Ltd's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2012 to 2025. As of March 2026, the ratio stands at 75.1%, reflecting working capital of CN¥1.42 Billion against net assets of CN¥1.89 Billion CNY. For the complete balance sheet picture, see Queclink Wireless Solutions Co Ltd balance sheet assets.
Annual Working Capital to Net Assets for Queclink Wireless Solutions Co Ltd (2012–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Queclink Wireless Solutions Co Ltd from 2012 to 2025, covering 14 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. Check financial resilience of Queclink Wireless Solutions Co Ltd to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 74.0% | CN¥1.36 Billion | CN¥1.84 Billion | CN¥1.69 Billion | CN¥327.07 Million | ▼ -5.6 pp |
| 2024 | 79.6% | CN¥1.48 Billion | CN¥1.86 Billion | CN¥1.72 Billion | CN¥233.27 Million | ▲ +1.8 pp |
| 2023 | 77.8% | CN¥1.37 Billion | CN¥1.77 Billion | CN¥1.63 Billion | CN¥256.53 Million | ▲ +1.6 pp |
| 2022 | 76.2% | CN¥1.29 Billion | CN¥1.69 Billion | CN¥1.55 Billion | CN¥262.84 Million | ▲ +2.3 pp |
| 2021 | 73.9% | CN¥1.14 Billion | CN¥1.55 Billion | CN¥1.56 Billion | CN¥417.64 Million | ▲ +7.1 pp |
| 2020 | 66.8% | CN¥719.49 Million | CN¥1.08 Billion | CN¥902.53 Million | CN¥183.04 Million | ▼ -2.5 pp |
| 2019 | 69.3% | CN¥696.57 Million | CN¥1.00 Billion | CN¥874.95 Million | CN¥178.38 Million | ▼ -2.6 pp |
| 2018 | 71.9% | CN¥621.53 Million | CN¥864.24 Million | CN¥812.21 Million | CN¥190.68 Million | ▼ -27.5 pp |
| 2017 | 99.4% | CN¥765.06 Million | CN¥769.37 Million | CN¥872.71 Million | CN¥107.66 Million | ▲ +3.6 pp |
| 2016 | 95.9% | CN¥193.90 Million | CN¥202.23 Million | CN¥267.72 Million | CN¥73.83 Million | ▼ -3.2 pp |
| 2015 | 99.0% | CN¥177.25 Million | CN¥178.96 Million | CN¥218.39 Million | CN¥41.15 Million | ▼ -0.5 pp |
| 2014 | 99.6% | CN¥118.92 Million | CN¥119.43 Million | CN¥151.88 Million | CN¥32.96 Million | ▲ +0.8 pp |
| 2013 | 98.8% | CN¥73.81 Million | CN¥74.74 Million | CN¥91.27 Million | CN¥17.46 Million | ▲ +3.5 pp |
| 2012 | 95.3% | CN¥27.29 Million | CN¥28.63 Million | CN¥46.49 Million | CN¥19.20 Million | — |