Sichuan Tianwei Electronic Co Ltd (688511) — Working Capital to Net Assets Ratio
Sichuan Tianwei Electronic Co Ltd (688511) has a Working Capital to Net Assets ratio of 88.2% as of September 2025. Working capital of CN¥757.81 Million (current assets of CN¥833.09 Million minus current liabilities of CN¥75.29 Million) is measured against net assets of CN¥859.13 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Sichuan Tianwei Electronic Co Ltd (688511) financial flexibility to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Sichuan Tianwei Electronic Co Ltd Working Capital to Net Assets (2017–2024)
This chart shows how Sichuan Tianwei Electronic Co Ltd's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2017 to 2024. As of September 2025, the ratio stands at 88.2%, reflecting working capital of CN¥757.81 Million against net assets of CN¥859.13 Million CNY. See 688511 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Sichuan Tianwei Electronic Co Ltd (2017–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Sichuan Tianwei Electronic Co Ltd from 2017 to 2024, covering 8 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 Sichuan Tianwei Electronic Co Ltd stock valuation.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 87.8% | CN¥710.03 Million | CN¥808.97 Million | CN¥801.75 Million | CN¥91.72 Million | ▼ -3.2 pp |
| 2023 | 91.0% | CN¥774.99 Million | CN¥851.87 Million | CN¥853.57 Million | CN¥78.57 Million | ▼ -1.8 pp |
| 2022 | 92.8% | CN¥739.03 Million | CN¥796.16 Million | CN¥790.51 Million | CN¥51.48 Million | ▼ -0.6 pp |
| 2021 | 93.5% | CN¥787.63 Million | CN¥842.64 Million | CN¥873.23 Million | CN¥85.60 Million | ▲ +17.9 pp |
| 2020 | 75.6% | CN¥165.96 Million | CN¥219.56 Million | CN¥276.14 Million | CN¥110.19 Million | ▲ +10.3 pp |
| 2019 | 65.3% | CN¥88.96 Million | CN¥136.28 Million | CN¥198.42 Million | CN¥109.46 Million | ▼ -2.9 pp |
| 2018 | 68.2% | CN¥52.44 Million | CN¥76.94 Million | CN¥106.36 Million | CN¥53.92 Million | ▲ +19.8 pp |
| 2017 | 48.4% | CN¥32.56 Million | CN¥67.31 Million | CN¥57.40 Million | CN¥24.84 Million | — |