Nextool Technology Co. Ltd. A (688419) — Working Capital to Net Assets Ratio
Nextool Technology Co. Ltd. A (688419) has a Working Capital to Net Assets ratio of 84.2% as of June 2025. Working capital of CN¥842.45 Million (current assets of CN¥1.04 Billion minus current liabilities of CN¥199.72 Million) is measured against net assets of CN¥1.00 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Nextool Technology Co. Ltd. A (688419) liquidity interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Nextool Technology Co. Ltd. A Working Capital to Net Assets (2020–2024)
This chart shows how Nextool Technology Co. Ltd. A's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2020 to 2024. As of June 2025, the ratio stands at 84.2%, reflecting working capital of CN¥842.45 Million against net assets of CN¥1.00 Billion CNY. For the complete balance sheet picture, see 688419 current and non-current assets.
Annual Working Capital to Net Assets for Nextool Technology Co. Ltd. A (2020–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Nextool Technology Co. Ltd. A from 2020 to 2024, covering 5 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 asset resilience ratio of Nextool Technology Co. Ltd. A to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 87.6% | CN¥885.20 Million | CN¥1.01 Billion | CN¥1.08 Billion | CN¥194.70 Million | ▼ -3.4 pp |
| 2023 | 91.0% | CN¥883.25 Million | CN¥970.79 Million | CN¥1.05 Billion | CN¥163.46 Million | ▼ -1.6 pp |
| 2022 | 92.6% | CN¥873.18 Million | CN¥942.96 Million | CN¥1.04 Billion | CN¥170.82 Million | ▲ +25.9 pp |
| 2021 | 66.7% | CN¥122.95 Million | CN¥184.42 Million | CN¥307.60 Million | CN¥184.64 Million | ▲ +11.6 pp |
| 2020 | 55.0% | CN¥72.25 Million | CN¥131.29 Million | CN¥170.21 Million | CN¥97.96 Million | — |