NOVA Technology Corporation Limited (300921) — Working Capital to Net Assets Ratio
NOVA Technology Corporation Limited (300921) has a Working Capital to Net Assets ratio of 88.2% as of June 2025. Working capital of CN¥714.24 Million (current assets of CN¥837.73 Million minus current liabilities of CN¥123.49 Million) is measured against net assets of CN¥809.36 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See NOVA Technology Corporation Limited liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
NOVA Technology Corporation Limited Working Capital to Net Assets (2019–2024)
This chart shows how NOVA Technology Corporation Limited's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2019 to 2024. As of June 2025, the ratio stands at 88.2%, reflecting working capital of CN¥714.24 Million against net assets of CN¥809.36 Million CNY. For the complete balance sheet picture, see total assets of NOVA Technology Corporation Limited.
Annual Working Capital to Net Assets for NOVA Technology Corporation Limited (2019–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for NOVA Technology Corporation Limited from 2019 to 2024, covering 6 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 NOVA Technology Corporation Limited liquidity resilience 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 | 88.0% | CN¥715.08 Million | CN¥812.59 Million | CN¥827.76 Million | CN¥112.68 Million | ▲ +0.2 pp |
| 2023 | 87.8% | CN¥722.03 Million | CN¥822.40 Million | CN¥856.99 Million | CN¥134.97 Million | ▼ -0.6 pp |
| 2022 | 88.4% | CN¥731.01 Million | CN¥826.73 Million | CN¥848.49 Million | CN¥117.47 Million | ▼ -0.7 pp |
| 2021 | 89.1% | CN¥724.31 Million | CN¥812.93 Million | CN¥818.36 Million | CN¥94.05 Million | ▼ -1.0 pp |
| 2020 | 90.1% | CN¥725.00 Million | CN¥805.10 Million | CN¥807.07 Million | CN¥82.08 Million | ▲ +22.7 pp |
| 2019 | 67.4% | CN¥135.63 Million | CN¥201.32 Million | CN¥215.83 Million | CN¥80.19 Million | — |