Shanghai V-Test Semiconductor Tech Co. Ltd. A (688372) — Working Capital to Net Assets Ratio
Shanghai V-Test Semiconductor Tech Co. Ltd. A (688372) has a Working Capital to Net Assets ratio of 0.9% as of March 2026. Working capital of CN¥36.55 Million (current assets of CN¥1.72 Billion minus current liabilities of CN¥1.68 Billion) is measured against net assets of CN¥4.18 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 688372 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 V-Test Semiconductor Tech Co. Ltd. A Working Capital to Net Assets (2020–2025)
This chart shows how Shanghai V-Test Semiconductor Tech Co. Ltd. A's Working Capital to Net Assets ratio has evolved across 6 annual periods from 2020 to 2025. As of March 2026, the ratio stands at 0.9%, reflecting working capital of CN¥36.55 Million against net assets of CN¥4.18 Billion CNY. For the complete balance sheet picture, see how large is Shanghai V-Test Semiconductor Tech Co. L's balance sheet.
Annual Working Capital to Net Assets for Shanghai V-Test Semiconductor Tech Co. Ltd. A (2020–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Shanghai V-Test Semiconductor Tech Co. Ltd. A from 2020 to 2025, covering 6 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 Shanghai V-Test Semiconductor Tech Co. L (688372) liquid assets 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 | 0.1% | CN¥1.79 Million | CN¥2.97 Billion | CN¥1.49 Billion | CN¥1.49 Billion | ▼ -9.7 pp |
| 2024 | 9.7% | CN¥254.56 Million | CN¥2.62 Billion | CN¥1.04 Billion | CN¥786.01 Million | ▼ -3.8 pp |
| 2023 | 13.5% | CN¥331.93 Million | CN¥2.46 Billion | CN¥854.94 Million | CN¥523.01 Million | ▼ -38.4 pp |
| 2022 | 51.9% | CN¥1.24 Billion | CN¥2.38 Billion | CN¥1.65 Billion | CN¥411.23 Million | ▲ +52.2 pp |
| 2021 | -0.2% | CN¥-2.08 Million | CN¥898.96 Million | CN¥393.18 Million | CN¥395.26 Million | ▼ -8.2 pp |
| 2020 | 8.0% | CN¥45.36 Million | CN¥566.78 Million | CN¥253.43 Million | CN¥208.06 Million | — |