GRINM Semiconductor Materials Co. Ltd. A (688432) — Working Capital to Net Assets Ratio
GRINM Semiconductor Materials Co. Ltd. A (688432) has a Working Capital to Net Assets ratio of 59.3% as of June 2025. Working capital of CN¥2.88 Billion (current assets of CN¥3.15 Billion minus current liabilities of CN¥274.42 Million) is measured against net assets of CN¥4.85 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See GRINM Semiconductor Materials Co. Ltd. A (688432) defensive interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
GRINM Semiconductor Materials Co. Ltd. A Working Capital to Net Assets (2020–2024)
This chart shows how GRINM Semiconductor Materials 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 59.3%, reflecting working capital of CN¥2.88 Billion against net assets of CN¥4.85 Billion CNY. For the complete balance sheet picture, see 688432 current and non-current assets.
Annual Working Capital to Net Assets for GRINM Semiconductor Materials Co. Ltd. A (2020–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for GRINM Semiconductor Materials 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 GRINM Semiconductor Materials Co. Ltd. A asset resilience 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) |
|---|---|---|---|---|---|---|
| 2024 | 66.9% | CN¥3.21 Billion | CN¥4.80 Billion | CN¥3.59 Billion | CN¥378.02 Million | ▼ -1.7 pp |
| 2023 | 68.6% | CN¥3.14 Billion | CN¥4.58 Billion | CN¥3.37 Billion | CN¥228.28 Million | ▼ -4.4 pp |
| 2022 | 73.0% | CN¥3.21 Billion | CN¥4.40 Billion | CN¥3.50 Billion | CN¥285.93 Million | ▲ +19.1 pp |
| 2021 | 53.8% | CN¥1.24 Billion | CN¥2.31 Billion | CN¥1.61 Billion | CN¥365.53 Million | ▲ +16.7 pp |
| 2020 | 37.1% | CN¥557.65 Million | CN¥1.50 Billion | CN¥1.07 Billion | CN¥517.14 Million | — |