Vanchip (Tianjin) Technology Co. Ltd. A Working Capital to Net Assets Ratio
Vanchip (Tianjin) Technology Co. Ltd. A working capital to net assets ratio. Vanchip (Tianjin) Technology Co. Ltd. A (688153) has a Working Capital to Net Assets ratio of 84.4% as of June 2025. Working capital of CN¥3.33 Billion (current assets of CN¥3.69 Billion minus current liabilities of CN¥359.42 Million) is measured against net assets of CN¥3.95 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Vanchip (Tianjin) Technology Co. Ltd. A 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 Vanchip (Tianjin) Technology Co. Ltd. A (2019–2024)
Working capital to net assets ratio of Vanchip (Tianjin) Technology Co. Ltd. A from 2019 to 2024. This chart shows how Vanchip (Tianjin) Technology Co. Ltd. A's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2019 to 2024. As of June 2025, the ratio stands at 84.4%, reflecting working capital of CN¥3.33 Billion against net assets of CN¥3.95 Billion CNY. See defensive interval ratio of Vanchip (Tianjin) Technology Co. Ltd. A to measure how many days the company can operate on defensive assets alone.
Vanchip (Tianjin) Technology Co. Ltd. A Working Capital to Net Assets Ratio by Year (2019–2024)
Vanchip (Tianjin) Technology Co. Ltd. A working capital to net assets ratio by year from 2019 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Vanchip (Tianjin) Technology Co. Ltd. A from 2019 to 2024, 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 the complete balance sheet picture, see 688153 asset base.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 85.3% | CN¥3.40 Billion | CN¥3.99 Billion | CN¥3.95 Billion | CN¥550.37 Million | ▼ -3.6 pp |
| 2023 | 88.9% | CN¥3.59 Billion | CN¥4.03 Billion | CN¥4.33 Billion | CN¥748.05 Million | ▼ -0.6 pp |
| 2022 | 89.5% | CN¥3.43 Billion | CN¥3.83 Billion | CN¥3.80 Billion | CN¥365.16 Million | ▲ +9.5 pp |
| 2021 | 80.0% | CN¥879.42 Million | CN¥1.10 Billion | CN¥1.74 Billion | CN¥861.74 Million | ▼ -9.9 pp |
| 2020 | 90.0% | CN¥504.08 Million | CN¥560.22 Million | CN¥1.11 Billion | CN¥610.23 Million | ▲ +16.8 pp |
| 2019 | 73.2% | CN¥129.14 Million | CN¥176.47 Million | CN¥388.42 Million | CN¥259.27 Million | — |