Shenzhen Newway Photomask Making Co. Ltd. A Working Capital to Net Assets Ratio
Shenzhen Newway Photomask Making Co. Ltd. A working capital to net assets ratio. Shenzhen Newway Photomask Making Co. Ltd. A (688401) has a Working Capital to Net Assets ratio of 47.4% as of March 2026. Working capital of CN¥821.45 Million (current assets of CN¥1.34 Billion minus current liabilities of CN¥513.97 Million) is measured against net assets of CN¥1.73 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check 688401 tangible net worth ratio 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 Shenzhen Newway Photomask Making Co. Ltd. A (2020–2025)
Working capital to net assets ratio of Shenzhen Newway Photomask Making Co. Ltd. A from 2020 to 2025. This chart shows how Shenzhen Newway Photomask Making 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 47.4%, reflecting working capital of CN¥821.45 Million against net assets of CN¥1.73 Billion CNY. See 688401 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Shenzhen Newway Photomask Making Co. Ltd. A Working Capital to Net Assets Ratio by Year (2020–2025)
Shenzhen Newway Photomask Making Co. Ltd. A working capital to net assets ratio by year from 2020 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Shenzhen Newway Photomask Making 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. For the complete balance sheet picture, see how large is Shenzhen Newway Photomask Making Co. Ltd's balance sheet.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 43.3% | CN¥720.19 Million | CN¥1.66 Billion | CN¥1.33 Billion | CN¥612.16 Million | ▲ +29.2 pp |
| 2024 | 14.2% | CN¥197.33 Million | CN¥1.39 Billion | CN¥694.51 Million | CN¥497.18 Million | ▼ -19.7 pp |
| 2023 | 33.9% | CN¥512.00 Million | CN¥1.51 Billion | CN¥937.98 Million | CN¥425.99 Million | ▼ -25.2 pp |
| 2022 | 59.1% | CN¥823.13 Million | CN¥1.39 Billion | CN¥1.12 Billion | CN¥297.69 Million | ▲ +25.0 pp |
| 2021 | 34.0% | CN¥177.73 Million | CN¥522.34 Million | CN¥473.92 Million | CN¥296.19 Million | ▲ +14.5 pp |
| 2020 | 19.5% | CN¥86.81 Million | CN¥444.26 Million | CN¥456.07 Million | CN¥369.25 Million | — |