Semiconductor Manufacturing Electronics (Shaoxing) Corp. A (688469) — Working Capital to Net Assets Ratio
Semiconductor Manufacturing Electronics (Shaoxing) Corp. A (688469) has a Working Capital to Net Assets ratio of 14.2% as of June 2025. Working capital of CN¥2.79 Billion (current assets of CN¥9.09 Billion minus current liabilities of CN¥6.29 Billion) is measured against net assets of CN¥19.70 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 688469 free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Semiconductor Manufacturing Electronics (Shaoxing) Corp. A Working Capital to Net Assets (2021–2024)
This chart shows how Semiconductor Manufacturing Electronics (Shaoxing) Corp. A's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2021 to 2024. As of June 2025, the ratio stands at 14.2%, reflecting working capital of CN¥2.79 Billion against net assets of CN¥19.70 Billion CNY. See 688469 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Semiconductor Manufacturing Electronics (Shaoxing) Corp. A (2021–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Semiconductor Manufacturing Electronics (Shaoxing) Corp. A from 2021 to 2024, covering 4 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 live market cap and the full company profile, see Semiconductor Manufacturing Electronics (688469) total market value.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 24.0% | CN¥4.79 Billion | CN¥19.95 Billion | CN¥10.86 Billion | CN¥6.07 Billion | ▲ +22.6 pp |
| 2023 | 1.4% | CN¥228.52 Million | CN¥15.85 Billion | CN¥7.04 Billion | CN¥6.81 Billion | ▲ +33.6 pp |
| 2022 | -32.1% | CN¥-2.28 Billion | CN¥7.11 Billion | CN¥6.51 Billion | CN¥8.80 Billion | ▼ -14.8 pp |
| 2021 | -17.4% | CN¥-747.83 Million | CN¥4.31 Billion | CN¥2.80 Billion | CN¥3.55 Billion | — |