AVE Science & Technology Co Ltd Working Capital to Net Assets Ratio
AVE Science & Technology Co Ltd working capital to net assets ratio. AVE Science & Technology Co Ltd (688067) has a Working Capital to Net Assets ratio of 64.9% as of September 2025. Working capital of CN¥336.21 Million (current assets of CN¥419.31 Million minus current liabilities of CN¥83.10 Million) is measured against net assets of CN¥518.37 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check 688067 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of AVE Science & Technology Co Ltd (2012–2024)
Working capital to net assets ratio of AVE Science & Technology Co Ltd from 2012 to 2024. This chart shows how AVE Science & Technology Co Ltd's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2012 to 2024. As of September 2025, the ratio stands at 64.9%, reflecting working capital of CN¥336.21 Million against net assets of CN¥518.37 Million CNY. See how many days can AVE Science & Technology Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.
AVE Science & Technology Co Ltd Working Capital to Net Assets Ratio by Year (2012–2024)
AVE Science & Technology Co Ltd working capital to net assets ratio by year from 2012 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for AVE Science & Technology Co Ltd from 2012 to 2024, covering 13 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 the complete balance sheet picture, see 688067 total assets.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 50.4% | CN¥250.06 Million | CN¥495.85 Million | CN¥305.42 Million | CN¥55.36 Million | ▲ +1.9 pp |
| 2023 | 48.5% | CN¥237.74 Million | CN¥489.84 Million | CN¥293.75 Million | CN¥56.01 Million | ▼ -8.8 pp |
| 2022 | 57.3% | CN¥272.29 Million | CN¥475.12 Million | CN¥335.61 Million | CN¥63.32 Million | ▼ -4.6 pp |
| 2021 | 61.9% | CN¥295.64 Million | CN¥477.58 Million | CN¥353.43 Million | CN¥57.79 Million | ▲ +33.7 pp |
| 2020 | 28.2% | CN¥66.80 Million | CN¥236.72 Million | CN¥114.59 Million | CN¥47.79 Million | ▼ -5.5 pp |
| 2019 | 33.7% | CN¥85.16 Million | CN¥252.51 Million | CN¥121.52 Million | CN¥36.36 Million | ▲ +2.1 pp |
| 2018 | 31.7% | CN¥68.82 Million | CN¥217.27 Million | CN¥98.31 Million | CN¥29.48 Million | ▲ +7.7 pp |
| 2017 | 24.0% | CN¥45.63 Million | CN¥189.95 Million | CN¥74.08 Million | CN¥28.44 Million | ▼ -16.0 pp |
| 2016 | 40.0% | CN¥71.14 Million | CN¥177.84 Million | CN¥99.20 Million | CN¥28.06 Million | ▼ -2.1 pp |
| 2015 | 42.1% | CN¥62.09 Million | CN¥147.53 Million | CN¥78.07 Million | CN¥15.99 Million | ▼ -9.9 pp |
| 2014 | 52.0% | CN¥71.85 Million | CN¥138.28 Million | CN¥88.22 Million | CN¥16.37 Million | ▼ -1.3 pp |
| 2013 | 53.2% | CN¥64.50 Million | CN¥121.15 Million | CN¥78.22 Million | CN¥13.73 Million | ▲ +1.2 pp |
| 2012 | 52.0% | CN¥53.66 Million | CN¥103.11 Million | CN¥64.79 Million | CN¥11.13 Million | — |