Shanghai W Ibeda High Tech Group Co Ltd (688071) — Working Capital to Net Assets Ratio
Shanghai W Ibeda High Tech Group Co Ltd (688071) has a Working Capital to Net Assets ratio of -6.5% as of September 2025. Working capital of CN¥-69.46 Million (current assets of CN¥874.40 Million minus current liabilities of CN¥943.86 Million) is measured against net assets of CN¥1.07 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how many days can Shanghai W Ibeda High Tech Group Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Shanghai W Ibeda High Tech Group Co Ltd Working Capital to Net Assets (2017–2024)
This chart shows how Shanghai W Ibeda High Tech Group Co Ltd's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2017 to 2024. As of September 2025, the ratio stands at -6.5%, reflecting working capital of CN¥-69.46 Million against net assets of CN¥1.07 Billion CNY. For the complete balance sheet picture, see 688071 total asset value.
Annual Working Capital to Net Assets for Shanghai W Ibeda High Tech Group Co Ltd (2017–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Shanghai W Ibeda High Tech Group Co Ltd from 2017 to 2024, covering 8 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. Read Shanghai W Ibeda High Tech Group Co Ltd debt and liabilities for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -14.3% | CN¥-141.27 Million | CN¥987.68 Million | CN¥744.00 Million | CN¥885.27 Million | ▼ -19.6 pp |
| 2023 | 5.3% | CN¥55.44 Million | CN¥1.04 Billion | CN¥745.57 Million | CN¥690.12 Million | ▲ +20.0 pp |
| 2022 | -14.7% | CN¥-74.46 Million | CN¥506.44 Million | CN¥560.76 Million | CN¥635.21 Million | ▼ -34.8 pp |
| 2021 | 20.1% | CN¥93.65 Million | CN¥466.46 Million | CN¥548.90 Million | CN¥455.25 Million | ▲ +41.1 pp |
| 2020 | -21.0% | CN¥-44.89 Million | CN¥213.48 Million | CN¥302.53 Million | CN¥347.42 Million | ▼ -7.6 pp |
| 2019 | -13.4% | CN¥-22.60 Million | CN¥168.50 Million | CN¥237.42 Million | CN¥260.02 Million | ▲ +167.9 pp |
| 2018 | -181.3% | CN¥-86.90 Million | CN¥47.94 Million | CN¥225.37 Million | CN¥312.27 Million | ▼ -59.5 pp |
| 2017 | -121.8% | CN¥-43.34 Million | CN¥35.58 Million | CN¥230.56 Million | CN¥273.90 Million | — |