Focus Lightings Tech Co Ltd (300708) — Working Capital to Net Assets Ratio
Focus Lightings Tech Co Ltd (300708) has a Working Capital to Net Assets ratio of 26.8% as of March 2026. Working capital of CN¥777.82 Million (current assets of CN¥2.99 Billion minus current liabilities of CN¥2.22 Billion) is measured against net assets of CN¥2.90 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Focus Lightings Tech Co Ltd balance sheet quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Focus Lightings Tech Co Ltd Working Capital to Net Assets (2012–2025)
This chart shows how Focus Lightings Tech 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 26.8%, reflecting working capital of CN¥777.82 Million against net assets of CN¥2.90 Billion CNY. Check 300708 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Focus Lightings Tech Co Ltd (2012–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Focus Lightings Tech 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. For live market cap and the full company profile, see 300708 market cap.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 28.0% | CN¥803.29 Million | CN¥2.87 Billion | CN¥3.03 Billion | CN¥2.22 Billion | ▼ -1.8 pp |
| 2024 | 29.8% | CN¥809.87 Million | CN¥2.72 Billion | CN¥2.72 Billion | CN¥1.91 Billion | ▼ -19.4 pp |
| 2023 | 49.2% | CN¥1.42 Billion | CN¥2.88 Billion | CN¥3.27 Billion | CN¥1.86 Billion | ▲ +38.6 pp |
| 2022 | 10.6% | CN¥170.40 Million | CN¥1.61 Billion | CN¥2.11 Billion | CN¥1.94 Billion | ▼ -24.4 pp |
| 2021 | 35.0% | CN¥577.96 Million | CN¥1.65 Billion | CN¥1.67 Billion | CN¥1.09 Billion | ▲ +41.4 pp |
| 2020 | -6.4% | CN¥-49.33 Million | CN¥765.54 Million | CN¥1.41 Billion | CN¥1.46 Billion | ▼ -7.2 pp |
| 2019 | 0.8% | CN¥5.82 Million | CN¥730.01 Million | CN¥1.46 Billion | CN¥1.45 Billion | ▲ +49.6 pp |
| 2018 | -48.8% | CN¥-356.15 Million | CN¥730.49 Million | CN¥1.33 Billion | CN¥1.69 Billion | ▼ -70.9 pp |
| 2017 | 22.1% | CN¥157.83 Million | CN¥713.34 Million | CN¥751.65 Million | CN¥593.81 Million | ▲ +16.5 pp |
| 2016 | 5.6% | CN¥26.45 Million | CN¥469.44 Million | CN¥429.94 Million | CN¥403.49 Million | ▼ -2.3 pp |
| 2015 | 7.9% | CN¥32.93 Million | CN¥416.56 Million | CN¥344.97 Million | CN¥312.04 Million | ▲ +6.4 pp |
| 2014 | 1.5% | CN¥4.72 Million | CN¥313.70 Million | CN¥280.71 Million | CN¥275.99 Million | ▼ -31.3 pp |
| 2013 | 32.8% | CN¥87.47 Million | CN¥266.95 Million | CN¥215.08 Million | CN¥127.61 Million | ▼ -20.3 pp |
| 2012 | 53.1% | CN¥135.64 Million | CN¥255.40 Million | CN¥222.27 Million | CN¥86.62 Million | — |