Road Environment Technology Co. Ltd. A (688156) — Working Capital to Net Assets Ratio
Road Environment Technology Co. Ltd. A (688156) has a Working Capital to Net Assets ratio of -17.0% as of June 2026. Working capital of CN¥-137.73 Million (current assets of CN¥622.65 Million minus current liabilities of CN¥760.37 Million) is measured against net assets of CN¥811.18 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See 688156 days of operational coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Road Environment Technology Co. Ltd. A Working Capital to Net Assets (2019–2025)
This chart shows how Road Environment Technology Co. Ltd. A's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2019 to 2025. As of June 2026, the ratio stands at -17.0%, reflecting working capital of CN¥-137.73 Million against net assets of CN¥811.18 Million CNY. For the complete balance sheet picture, see Road Environment Technology Co. Ltd. A assets under control.
Annual Working Capital to Net Assets for Road Environment Technology Co. Ltd. A (2019–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Road Environment Technology Co. Ltd. A from 2019 to 2025, covering 7 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. Check Road Environment Technology Co. Ltd. A asset resilience ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -13.9% | CN¥-111.17 Million | CN¥801.24 Million | CN¥730.14 Million | CN¥841.31 Million | ▼ -27.1 pp |
| 2024 | 13.3% | CN¥115.79 Million | CN¥872.87 Million | CN¥656.14 Million | CN¥540.35 Million | ▼ -14.3 pp |
| 2023 | 27.5% | CN¥260.64 Million | CN¥946.08 Million | CN¥765.45 Million | CN¥504.81 Million | ▼ -31.7 pp |
| 2022 | 59.3% | CN¥492.36 Million | CN¥830.95 Million | CN¥767.69 Million | CN¥275.33 Million | ▼ -8.8 pp |
| 2021 | 68.0% | CN¥553.29 Million | CN¥813.19 Million | CN¥741.25 Million | CN¥187.95 Million | ▼ -2.3 pp |
| 2020 | 70.4% | CN¥522.01 Million | CN¥741.93 Million | CN¥654.80 Million | CN¥132.78 Million | ▲ +30.5 pp |
| 2019 | 39.8% | CN¥147.88 Million | CN¥371.45 Million | CN¥296.70 Million | CN¥148.81 Million | — |