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 operational self-sufficiency of Zhiyang Innovation Technology Co. Ltd. A to measure how many days the company can operate on defensive assets alone.
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. For the complete balance sheet picture, see total assets of Zhiyang Innovation Technology Co. Ltd. A.
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. Check Zhiyang Innovation Technology Co. Ltd. A liquidity resilience to evaluate the company's liquid asset resilience ratio.
| 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 | — |