Leedarson IoT Technology Inc (605365) — Working Capital to Net Assets Ratio
Leedarson IoT Technology Inc (605365) has a Working Capital to Net Assets ratio of 28.5% as of March 2026. Working capital of CN¥1.08 Billion (current assets of CN¥3.74 Billion minus current liabilities of CN¥2.66 Billion) is measured against net assets of CN¥3.80 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Leedarson IoT Technology Inc 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
Leedarson IoT Technology Inc Working Capital to Net Assets (2017–2025)
This chart shows how Leedarson IoT Technology Inc's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2017 to 2025. As of March 2026, the ratio stands at 28.5%, reflecting working capital of CN¥1.08 Billion against net assets of CN¥3.80 Billion CNY. For the complete balance sheet picture, see Leedarson IoT Technology Inc asset portfolio.
Annual Working Capital to Net Assets for Leedarson IoT Technology Inc (2017–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Leedarson IoT Technology Inc from 2017 to 2025, 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 605365 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) |
|---|---|---|---|---|---|---|
| 2025 | 27.5% | CN¥1.05 Billion | CN¥3.82 Billion | CN¥4.04 Billion | CN¥2.99 Billion | ▼ -27.2 pp |
| 2024 | 54.7% | CN¥2.07 Billion | CN¥3.79 Billion | CN¥4.65 Billion | CN¥2.57 Billion | ▲ +7.6 pp |
| 2023 | 47.1% | CN¥1.66 Billion | CN¥3.52 Billion | CN¥3.81 Billion | CN¥2.15 Billion | ▼ -7.6 pp |
| 2022 | 54.8% | CN¥1.82 Billion | CN¥3.32 Billion | CN¥4.10 Billion | CN¥2.28 Billion | ▼ -4.5 pp |
| 2021 | 59.2% | CN¥1.71 Billion | CN¥2.90 Billion | CN¥4.37 Billion | CN¥2.66 Billion | ▲ +5.3 pp |
| 2020 | 53.9% | CN¥984.74 Million | CN¥1.83 Billion | CN¥3.14 Billion | CN¥2.16 Billion | ▲ +13.9 pp |
| 2019 | 40.0% | CN¥552.03 Million | CN¥1.38 Billion | CN¥2.55 Billion | CN¥2.00 Billion | ▲ +12.1 pp |
| 2018 | 27.8% | CN¥281.13 Million | CN¥1.01 Billion | CN¥2.39 Billion | CN¥2.11 Billion | ▲ +10.3 pp |
| 2017 | 17.5% | CN¥151.03 Million | CN¥862.57 Million | CN¥3.12 Billion | CN¥2.97 Billion | — |