Qingdao Kutesmart Co Ltd (300840) — Working Capital to Net Assets Ratio
Qingdao Kutesmart Co Ltd (300840) has a Working Capital to Net Assets ratio of 52.6% as of June 2025. Working capital of CN¥665.10 Million (current assets of CN¥996.27 Million minus current liabilities of CN¥331.18 Million) is measured against net assets of CN¥1.26 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Qingdao Kutesmart 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
Qingdao Kutesmart Co Ltd Working Capital to Net Assets (2016–2024)
This chart shows how Qingdao Kutesmart Co Ltd's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2016 to 2024. As of June 2025, the ratio stands at 52.6%, reflecting working capital of CN¥665.10 Million against net assets of CN¥1.26 Billion CNY. For the complete balance sheet picture, see balance sheet size of Qingdao Kutesmart Co Ltd.
Annual Working Capital to Net Assets for Qingdao Kutesmart Co Ltd (2016–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Qingdao Kutesmart Co Ltd from 2016 to 2024, covering 9 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 300840 asset resilience ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 31.0% | CN¥391.06 Million | CN¥1.26 Billion | CN¥674.73 Million | CN¥283.67 Million | ▲ +2.0 pp |
| 2023 | 29.0% | CN¥342.64 Million | CN¥1.18 Billion | CN¥862.22 Million | CN¥519.58 Million | ▼ -7.6 pp |
| 2022 | 36.7% | CN¥396.39 Million | CN¥1.08 Billion | CN¥872.06 Million | CN¥475.67 Million | ▲ +8.5 pp |
| 2021 | 28.1% | CN¥282.56 Million | CN¥1.00 Billion | CN¥599.10 Million | CN¥316.53 Million | ▼ -18.2 pp |
| 2020 | 46.3% | CN¥438.76 Million | CN¥946.83 Million | CN¥599.29 Million | CN¥160.53 Million | ▲ +19.2 pp |
| 2019 | 27.2% | CN¥158.46 Million | CN¥583.64 Million | CN¥317.86 Million | CN¥159.40 Million | ▲ +3.1 pp |
| 2018 | 24.1% | CN¥127.62 Million | CN¥530.15 Million | CN¥376.51 Million | CN¥248.88 Million | ▲ +0.3 pp |
| 2017 | 23.8% | CN¥111.25 Million | CN¥467.42 Million | CN¥427.62 Million | CN¥316.37 Million | ▲ +1.6 pp |
| 2016 | 22.2% | CN¥89.65 Million | CN¥404.56 Million | CN¥437.21 Million | CN¥347.56 Million | — |