Zhiyang Innovation Technology Co. Ltd. A (688191) — Working Capital to Net Assets Ratio
Zhiyang Innovation Technology Co. Ltd. A (688191) has a Working Capital to Net Assets ratio of 76.3% as of September 2025. Working capital of CN¥667.68 Million (current assets of CN¥1.19 Billion minus current liabilities of CN¥524.24 Million) is measured against net assets of CN¥874.89 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See 688191 net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Zhiyang Innovation Technology Co. Ltd. A Working Capital to Net Assets (2012–2024)
This chart shows how Zhiyang Innovation Technology Co. Ltd. A's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2012 to 2024. As of September 2025, the ratio stands at 76.3%, reflecting working capital of CN¥667.68 Million against net assets of CN¥874.89 Million CNY. Check how tangible is Zhiyang Innovation Technology Co. Ltd. A's equity to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Zhiyang Innovation Technology Co. Ltd. A (2012–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Zhiyang Innovation Technology Co. Ltd. A from 2012 to 2024, covering 11 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 how much is Zhiyang Innovation Technology Co. Ltd. A worth.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 62.0% | CN¥550.56 Million | CN¥887.40 Million | CN¥1.17 Billion | CN¥616.11 Million | ▼ -7.7 pp |
| 2023 | 69.8% | CN¥607.30 Million | CN¥870.42 Million | CN¥1.12 Billion | CN¥517.47 Million | ▼ -11.5 pp |
| 2022 | 81.2% | CN¥675.15 Million | CN¥831.24 Million | CN¥1.04 Billion | CN¥365.94 Million | ▼ -3.2 pp |
| 2021 | 84.4% | CN¥689.32 Million | CN¥816.50 Million | CN¥1.10 Billion | CN¥415.43 Million | ▼ -8.2 pp |
| 2020 | 92.6% | CN¥365.27 Million | CN¥394.31 Million | CN¥688.42 Million | CN¥323.15 Million | ▼ -2.9 pp |
| 2019 | 95.5% | CN¥288.60 Million | CN¥302.13 Million | CN¥500.97 Million | CN¥212.37 Million | ▲ +2.3 pp |
| 2018 | 93.2% | CN¥206.36 Million | CN¥221.32 Million | CN¥337.27 Million | CN¥130.91 Million | ▲ +0.2 pp |
| 2017 | 93.1% | CN¥122.64 Million | CN¥131.75 Million | CN¥196.93 Million | CN¥74.29 Million | ▲ +5.4 pp |
| 2014 | 87.7% | CN¥26.79 Million | CN¥30.56 Million | CN¥43.42 Million | CN¥16.63 Million | ▼ -6.7 pp |
| 2013 | 94.4% | CN¥18.73 Million | CN¥19.85 Million | CN¥36.36 Million | CN¥17.63 Million | ▼ -0.8 pp |
| 2012 | 95.1% | CN¥17.75 Million | CN¥18.65 Million | CN¥24.20 Million | CN¥6.45 Million | — |