Qingdao Topscomm Commun Inc (603421) — Working Capital to Net Assets Ratio
Qingdao Topscomm Commun Inc (603421) has a Working Capital to Net Assets ratio of 50.1% as of March 2026. Working capital of CN¥1.21 Billion (current assets of CN¥2.27 Billion minus current liabilities of CN¥1.07 Billion) is measured against net assets of CN¥2.41 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Qingdao Topscomm Commun Inc (603421) balance sheet quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Qingdao Topscomm Commun Inc Working Capital to Net Assets (2011–2025)
This chart shows how Qingdao Topscomm Commun Inc's Working Capital to Net Assets ratio has evolved across 15 annual periods from 2011 to 2025. As of March 2026, the ratio stands at 50.1%, reflecting working capital of CN¥1.21 Billion against net assets of CN¥2.41 Billion CNY. Check 603421 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Qingdao Topscomm Commun Inc (2011–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Qingdao Topscomm Commun Inc from 2011 to 2025, covering 15 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 Qingdao Topscomm Commun Inc stock valuation.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 50.6% | CN¥1.26 Billion | CN¥2.50 Billion | CN¥2.54 Billion | CN¥1.28 Billion | ▼ -2.7 pp |
| 2024 | 53.3% | CN¥1.67 Billion | CN¥3.14 Billion | CN¥3.02 Billion | CN¥1.35 Billion | ▼ -17.3 pp |
| 2023 | 70.5% | CN¥2.41 Billion | CN¥3.42 Billion | CN¥4.30 Billion | CN¥1.89 Billion | ▲ +6.4 pp |
| 2022 | 64.2% | CN¥2.13 Billion | CN¥3.32 Billion | CN¥4.03 Billion | CN¥1.90 Billion | ▲ +11.1 pp |
| 2021 | 53.0% | CN¥1.73 Billion | CN¥3.25 Billion | CN¥3.51 Billion | CN¥1.79 Billion | ▲ +2.6 pp |
| 2020 | 50.4% | CN¥1.59 Billion | CN¥3.16 Billion | CN¥2.79 Billion | CN¥1.20 Billion | ▲ +1.3 pp |
| 2019 | 49.1% | CN¥1.48 Billion | CN¥3.02 Billion | CN¥2.20 Billion | CN¥720.02 Million | ▼ -8.3 pp |
| 2018 | 57.5% | CN¥1.49 Billion | CN¥2.60 Billion | CN¥2.09 Billion | CN¥599.46 Million | ▲ +5.8 pp |
| 2017 | 51.7% | CN¥1.09 Billion | CN¥2.12 Billion | CN¥1.69 Billion | CN¥592.45 Million | ▼ -19.1 pp |
| 2016 | 70.8% | CN¥1.38 Billion | CN¥1.95 Billion | CN¥1.75 Billion | CN¥372.26 Million | ▲ +11.8 pp |
| 2015 | 59.0% | CN¥632.82 Million | CN¥1.07 Billion | CN¥884.13 Million | CN¥251.31 Million | ▼ -30.4 pp |
| 2014 | 89.4% | CN¥758.43 Million | CN¥848.58 Million | CN¥958.81 Million | CN¥200.38 Million | ▲ +2.5 pp |
| 2013 | 86.9% | CN¥454.55 Million | CN¥523.17 Million | CN¥579.34 Million | CN¥124.78 Million | ▲ +3.8 pp |
| 2012 | 83.1% | CN¥257.64 Million | CN¥310.19 Million | CN¥374.10 Million | CN¥116.45 Million | ▼ -3.6 pp |
| 2011 | 86.7% | CN¥98.83 Million | CN¥114.02 Million | CN¥153.14 Million | CN¥54.31 Million | — |