Western Superconducting Tech Co Ltd Working Capital to Net Assets Ratio
Western Superconducting Tech Co Ltd working capital to net assets ratio. Western Superconducting Tech Co Ltd (688122) has a Working Capital to Net Assets ratio of 97.2% as of June 2026. Working capital of CN¥7.78 Billion (current assets of CN¥13.22 Billion minus current liabilities of CN¥5.44 Billion) is measured against net assets of CN¥8.01 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Western Superconducting Tech Co Ltd tangible equity quality 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 Western Superconducting Tech Co Ltd (2005–2025)
Working capital to net assets ratio of Western Superconducting Tech Co Ltd from 2005 to 2025. This chart shows how Western Superconducting Tech Co Ltd's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2005 to 2025. As of June 2026, the ratio stands at 97.2%, reflecting working capital of CN¥7.78 Billion against net assets of CN¥8.01 Billion CNY. See 688122 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Western Superconducting Tech Co Ltd Working Capital to Net Assets Ratio by Year (2005–2025)
Western Superconducting Tech Co Ltd working capital to net assets ratio by year from 2005 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Western Superconducting Tech Co Ltd from 2005 to 2025, covering 21 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 total assets of Western Superconducting Tech Co Ltd.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 27.1% | CN¥6.14 Billion | CN¥22.68 Billion | CN¥11.75 Billion | CN¥5.61 Billion | ▼ -50.6 pp |
| 2024 | 77.7% | CN¥5.64 Billion | CN¥7.27 Billion | CN¥10.60 Billion | CN¥4.96 Billion | ▼ -12.4 pp |
| 2023 | 90.1% | CN¥6.07 Billion | CN¥6.74 Billion | CN¥9.49 Billion | CN¥3.42 Billion | ▼ -0.4 pp |
| 2022 | 90.6% | CN¥5.76 Billion | CN¥6.36 Billion | CN¥9.17 Billion | CN¥3.41 Billion | ▲ +7.6 pp |
| 2021 | 82.9% | CN¥4.51 Billion | CN¥5.44 Billion | CN¥7.10 Billion | CN¥2.58 Billion | ▲ +10.6 pp |
| 2020 | 72.4% | CN¥2.09 Billion | CN¥2.89 Billion | CN¥4.09 Billion | CN¥2.00 Billion | ▲ +0.3 pp |
| 2019 | 72.1% | CN¥1.89 Billion | CN¥2.62 Billion | CN¥3.51 Billion | CN¥1.62 Billion | ▲ +4.5 pp |
| 2018 | 67.6% | CN¥1.34 Billion | CN¥1.98 Billion | CN¥2.80 Billion | CN¥1.46 Billion | ▲ +6.8 pp |
| 2017 | 60.9% | CN¥1.19 Billion | CN¥1.96 Billion | CN¥2.39 Billion | CN¥1.20 Billion | ▼ -9.7 pp |
| 2016 | 70.6% | CN¥1.35 Billion | CN¥1.92 Billion | CN¥2.39 Billion | CN¥1.04 Billion | ▲ +9.2 pp |
| 2015 | 61.4% | CN¥640.03 Million | CN¥1.04 Billion | CN¥1.60 Billion | CN¥958.88 Million | ▲ +18.7 pp |
| 2014 | 42.7% | CN¥312.64 Million | CN¥732.64 Million | CN¥1.25 Billion | CN¥934.99 Million | ▲ +15.1 pp |
| 2013 | 27.6% | CN¥173.07 Million | CN¥627.54 Million | CN¥1.12 Billion | CN¥946.30 Million | ▼ -12.8 pp |
| 2012 | 40.4% | CN¥241.29 Million | CN¥597.32 Million | CN¥1.36 Billion | CN¥1.11 Billion | ▲ +21.8 pp |
| 2011 | 18.6% | CN¥92.42 Million | CN¥497.70 Million | CN¥998.45 Million | CN¥906.04 Million | ▼ -2.2 pp |
| 2010 | 20.8% | CN¥101.06 Million | CN¥486.56 Million | CN¥782.43 Million | CN¥681.37 Million | ▲ +23.1 pp |
| 2009 | -2.4% | CN¥-7.79 Million | CN¥329.36 Million | CN¥564.82 Million | CN¥572.62 Million | ▼ -28.5 pp |
| 2008 | 26.1% | CN¥80.22 Million | CN¥307.27 Million | CN¥380.48 Million | CN¥300.26 Million | ▼ -8.8 pp |
| 2007 | 34.9% | CN¥102.52 Million | CN¥293.49 Million | CN¥309.92 Million | CN¥207.40 Million | ▲ +12.1 pp |
| 2006 | 22.8% | CN¥37.03 Million | CN¥162.10 Million | CN¥289.15 Million | CN¥252.13 Million | ▲ +26.3 pp |
| 2005 | -3.5% | CN¥-5.06 Million | CN¥146.19 Million | CN¥98.55 Million | CN¥103.61 Million | — |