Transwarp Technology (Shanghai) Co. Ltd. A (688031) — Working Capital to Net Assets Ratio
Transwarp Technology (Shanghai) Co. Ltd. A (688031) has a Working Capital to Net Assets ratio of 60.0% as of March 2026. Working capital of CN¥484.30 Million (current assets of CN¥756.27 Million minus current liabilities of CN¥271.98 Million) is measured against net assets of CN¥806.51 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Transwarp Technology (Shanghai) Co. Ltd. balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Transwarp Technology (Shanghai) Co. Ltd. A Working Capital to Net Assets (2020–2025)
This chart shows how Transwarp Technology (Shanghai) Co. Ltd. A's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2020 to 2025. As of March 2026, the ratio stands at 60.0%, reflecting working capital of CN¥484.30 Million against net assets of CN¥806.51 Million CNY. Check 688031 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Transwarp Technology (Shanghai) Co. Ltd. A (2020–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Transwarp Technology (Shanghai) Co. Ltd. A from 2020 to 2025, 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. For live market cap and the full company profile, see Transwarp Technology (Shanghai) Co. Ltd. stock valuation.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 66.0% | CN¥569.28 Million | CN¥862.51 Million | CN¥873.14 Million | CN¥303.86 Million | ▼ -14.0 pp |
| 2024 | 80.0% | CN¥876.02 Million | CN¥1.09 Billion | CN¥1.14 Billion | CN¥262.08 Million | ▼ -7.8 pp |
| 2023 | 87.8% | CN¥1.26 Billion | CN¥1.44 Billion | CN¥1.56 Billion | CN¥294.56 Million | ▼ -11.0 pp |
| 2022 | 98.8% | CN¥1.69 Billion | CN¥1.71 Billion | CN¥1.87 Billion | CN¥184.74 Million | ▼ -1.5 pp |
| 2021 | 100.3% | CN¥618.43 Million | CN¥616.52 Million | CN¥804.07 Million | CN¥185.64 Million | ▲ +0.2 pp |
| 2020 | 100.2% | CN¥781.25 Million | CN¥780.08 Million | CN¥929.17 Million | CN¥147.92 Million | — |