Shanghai Bright Power Semiconductor (688368) — Working Capital to Net Assets Ratio
Shanghai Bright Power Semiconductor (688368) has a Working Capital to Net Assets ratio of -0.9% as of March 2026. Working capital of CN¥-28.69 Million (current assets of CN¥2.21 Billion minus current liabilities of CN¥2.24 Billion) is measured against net assets of CN¥3.24 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 688368 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Shanghai Bright Power Semiconductor Working Capital to Net Assets (2014–2025)
This chart shows how Shanghai Bright Power Semiconductor's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2014 to 2025. As of March 2026, the ratio stands at -0.9%, reflecting working capital of CN¥-28.69 Million against net assets of CN¥3.24 Billion CNY. For the complete balance sheet picture, see Shanghai Bright Power Semiconductor total assets.
Annual Working Capital to Net Assets for Shanghai Bright Power Semiconductor (2014–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Shanghai Bright Power Semiconductor from 2014 to 2025, covering 12 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 688368 cash and liquid asset 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 | 7.9% | CN¥250.08 Million | CN¥3.17 Billion | CN¥985.49 Million | CN¥735.41 Million | ▼ -19.3 pp |
| 2024 | 27.2% | CN¥358.53 Million | CN¥1.32 Billion | CN¥1.10 Billion | CN¥741.75 Million | ▼ -4.0 pp |
| 2023 | 31.2% | CN¥459.33 Million | CN¥1.47 Billion | CN¥1.14 Billion | CN¥683.43 Million | ▼ -8.9 pp |
| 2022 | 40.1% | CN¥612.73 Million | CN¥1.53 Billion | CN¥1.29 Billion | CN¥679.45 Million | ▼ -23.2 pp |
| 2021 | 63.3% | CN¥1.21 Billion | CN¥1.91 Billion | CN¥2.01 Billion | CN¥806.12 Million | ▼ -15.2 pp |
| 2020 | 78.5% | CN¥1.00 Billion | CN¥1.28 Billion | CN¥1.35 Billion | CN¥344.09 Million | ▼ -19.8 pp |
| 2019 | 98.4% | CN¥1.11 Billion | CN¥1.13 Billion | CN¥1.34 Billion | CN¥223.35 Million | ▲ +4.1 pp |
| 2018 | 94.3% | CN¥238.12 Million | CN¥252.57 Million | CN¥363.02 Million | CN¥124.90 Million | ▲ +2.5 pp |
| 2017 | 91.8% | CN¥191.00 Million | CN¥208.15 Million | CN¥335.33 Million | CN¥144.33 Million | ▲ +24.3 pp |
| 2016 | 67.4% | CN¥66.96 Million | CN¥99.33 Million | CN¥238.50 Million | CN¥171.53 Million | ▼ -17.0 pp |
| 2015 | 84.4% | CN¥167.37 Million | CN¥198.32 Million | CN¥240.22 Million | CN¥72.85 Million | ▼ -7.1 pp |
| 2014 | 91.5% | CN¥158.23 Million | CN¥172.96 Million | CN¥239.14 Million | CN¥80.91 Million | — |