Joulwatt Technology Co. Ltd. A (688141) — Working Capital to Net Assets Ratio
Joulwatt Technology Co. Ltd. A (688141) has a Working Capital to Net Assets ratio of 14.8% as of March 2026. Working capital of CN¥232.37 Million (current assets of CN¥2.72 Billion minus current liabilities of CN¥2.49 Billion) is measured against net assets of CN¥1.57 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 688141 FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Joulwatt Technology Co. Ltd. A Working Capital to Net Assets (2018–2025)
This chart shows how Joulwatt Technology Co. Ltd. A's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2018 to 2025. As of March 2026, the ratio stands at 14.8%, reflecting working capital of CN¥232.37 Million against net assets of CN¥1.57 Billion CNY. See how many days can Joulwatt Technology Co. Ltd. A fund operations to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Joulwatt Technology Co. Ltd. A (2018–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Joulwatt Technology Co. Ltd. A from 2018 to 2025, 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. For live market cap and the full company profile, see Joulwatt Technology Co. Ltd. A stock valuation.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 7.1% | CN¥538.52 Million | CN¥7.53 Billion | CN¥2.55 Billion | CN¥2.01 Billion | ▼ -61.3 pp |
| 2024 | 68.5% | CN¥1.45 Billion | CN¥2.12 Billion | CN¥2.84 Billion | CN¥1.38 Billion | ▼ -26.3 pp |
| 2023 | 94.8% | CN¥2.53 Billion | CN¥2.67 Billion | CN¥3.36 Billion | CN¥836.67 Million | ▲ +1.3 pp |
| 2022 | 93.5% | CN¥2.94 Billion | CN¥3.14 Billion | CN¥3.63 Billion | CN¥688.83 Million | ▲ +25.3 pp |
| 2021 | 68.2% | CN¥638.94 Million | CN¥937.08 Million | CN¥868.48 Million | CN¥229.54 Million | ▼ -20.8 pp |
| 2020 | 89.0% | CN¥411.03 Million | CN¥461.95 Million | CN¥602.27 Million | CN¥191.23 Million | ▲ +15.6 pp |
| 2019 | 73.4% | CN¥17.31 Million | CN¥23.59 Million | CN¥257.48 Million | CN¥240.18 Million | ▲ +5.0 pp |
| 2018 | 68.3% | CN¥-34.57 Million | CN¥-50.60 Million | CN¥134.36 Million | CN¥168.92 Million | — |