iRay Technology Co Ltd Working Capital to Net Assets Ratio
iRay Technology Co Ltd working capital to net assets ratio. iRay Technology Co Ltd (688301) has a Working Capital to Net Assets ratio of 63.8% as of September 2025. Working capital of CN¥3.87 Billion (current assets of CN¥5.22 Billion minus current liabilities of CN¥1.35 Billion) is measured against net assets of CN¥6.07 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check iRay Technology Co Ltd 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 iRay Technology Co Ltd (2015–2024)
Working capital to net assets ratio of iRay Technology Co Ltd from 2015 to 2024. This chart shows how iRay Technology Co Ltd's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2015 to 2024. As of September 2025, the ratio stands at 63.8%, reflecting working capital of CN¥3.87 Billion against net assets of CN¥6.07 Billion CNY. See iRay Technology Co Ltd (688301) defensive interval to measure how many days the company can operate on defensive assets alone.
iRay Technology Co Ltd Working Capital to Net Assets Ratio by Year (2015–2024)
iRay Technology Co Ltd working capital to net assets ratio by year from 2015 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for iRay Technology Co Ltd from 2015 to 2024, covering 10 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 688301 asset base.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 65.7% | CN¥3.05 Billion | CN¥4.65 Billion | CN¥3.95 Billion | CN¥900.18 Million | ▲ +11.7 pp |
| 2023 | 54.0% | CN¥2.35 Billion | CN¥4.35 Billion | CN¥3.72 Billion | CN¥1.37 Billion | ▼ -48.6 pp |
| 2022 | 102.6% | CN¥4.01 Billion | CN¥3.90 Billion | CN¥4.53 Billion | CN¥523.01 Million | ▲ +15.8 pp |
| 2021 | 86.8% | CN¥2.67 Billion | CN¥3.08 Billion | CN¥3.05 Billion | CN¥376.47 Million | ▼ -7.8 pp |
| 2020 | 94.6% | CN¥2.49 Billion | CN¥2.63 Billion | CN¥2.73 Billion | CN¥235.50 Million | ▲ +28.8 pp |
| 2019 | 65.7% | CN¥279.73 Million | CN¥425.61 Million | CN¥514.29 Million | CN¥234.56 Million | ▼ -0.4 pp |
| 2018 | 66.2% | CN¥218.97 Million | CN¥331.02 Million | CN¥365.02 Million | CN¥146.05 Million | ▼ -4.5 pp |
| 2017 | 70.6% | CN¥177.62 Million | CN¥251.42 Million | CN¥294.51 Million | CN¥116.89 Million | ▼ -10.3 pp |
| 2016 | 80.9% | CN¥143.80 Million | CN¥177.70 Million | CN¥218.10 Million | CN¥74.30 Million | ▼ -5.3 pp |
| 2015 | 86.2% | CN¥116.31 Million | CN¥134.92 Million | CN¥157.57 Million | CN¥41.26 Million | — |