QingCloud Technologies Corp. Working Capital to Net Assets Ratio
QingCloud Technologies Corp. working capital to net assets ratio. QingCloud Technologies Corp. (688316) has a Working Capital to Net Assets ratio of -148.8% as of June 2026. Working capital of CN¥-104.66 Million (current assets of CN¥130.95 Million minus current liabilities of CN¥235.61 Million) is measured against net assets of CN¥70.34 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check how tangible is QingCloud Technologies Corp.'s equity 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 QingCloud Technologies Corp. (2017–2025)
Working capital to net assets ratio of QingCloud Technologies Corp. from 2017 to 2025. This chart shows how QingCloud Technologies Corp.'s Working Capital to Net Assets ratio has evolved across 9 annual periods from 2017 to 2025. As of June 2026, the ratio stands at -148.8%, reflecting working capital of CN¥-104.66 Million against net assets of CN¥70.34 Million CNY. See how many days can QingCloud Technologies Corp. fund operations to measure how many days the company can operate on defensive assets alone.
QingCloud Technologies Corp. Working Capital to Net Assets Ratio by Year (2017–2025)
QingCloud Technologies Corp. working capital to net assets ratio by year from 2017 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for QingCloud Technologies Corp. from 2017 to 2025, covering 9 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 QingCloud Technologies Corp. total assets.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -620.6% | CN¥-141.25 Million | CN¥22.76 Million | CN¥154.77 Million | CN¥296.02 Million | ▼ -519.3 pp |
| 2024 | -101.3% | CN¥-88.49 Million | CN¥87.32 Million | CN¥347.42 Million | CN¥435.91 Million | ▼ -128.8 pp |
| 2023 | 27.5% | CN¥49.37 Million | CN¥179.79 Million | CN¥479.03 Million | CN¥429.66 Million | ▼ -5.1 pp |
| 2022 | 32.6% | CN¥107.53 Million | CN¥329.95 Million | CN¥355.36 Million | CN¥247.83 Million | ▼ -22.1 pp |
| 2021 | 54.7% | CN¥318.47 Million | CN¥582.47 Million | CN¥613.28 Million | CN¥294.81 Million | ▲ +41.4 pp |
| 2020 | 13.3% | CN¥23.42 Million | CN¥176.63 Million | CN¥222.39 Million | CN¥198.97 Million | ▼ -31.4 pp |
| 2019 | 44.6% | CN¥138.71 Million | CN¥310.88 Million | CN¥263.96 Million | CN¥125.25 Million | ▼ -85.8 pp |
| 2018 | 130.5% | CN¥-689.14 Million | CN¥-528.21 Million | CN¥1.06 Billion | CN¥1.75 Billion | ▲ +7.4 pp |
| 2017 | 123.1% | CN¥-810.25 Million | CN¥-658.34 Million | CN¥1.17 Billion | CN¥1.98 Billion | — |