Smarter Microelectronics (Guangzhou) Co. Ltd. A Working Capital to Net Assets Ratio
Smarter Microelectronics (Guangzhou) Co. Ltd. A working capital to net assets ratio. Smarter Microelectronics (Guangzhou) Co. Ltd. A (688512) has a Working Capital to Net Assets ratio of 86.4% as of March 2026. Working capital of CN¥1.37 Billion (current assets of CN¥1.66 Billion minus current liabilities of CN¥286.31 Million) is measured against net assets of CN¥1.59 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Smarter Microelectronics (Guangzhou) Co. tangible equity quality 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 Smarter Microelectronics (Guangzhou) Co. Ltd. A (2021–2025)
Working capital to net assets ratio of Smarter Microelectronics (Guangzhou) Co. Ltd. A from 2021 to 2025. This chart shows how Smarter Microelectronics (Guangzhou) Co. Ltd. A's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2021 to 2025. As of March 2026, the ratio stands at 86.4%, reflecting working capital of CN¥1.37 Billion against net assets of CN¥1.59 Billion CNY. See 688512 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Smarter Microelectronics (Guangzhou) Co. Ltd. A Working Capital to Net Assets Ratio by Year (2021–2025)
Smarter Microelectronics (Guangzhou) Co. Ltd. A working capital to net assets ratio by year from 2021 to 2025. The table below presents the year-by-year Working Capital to Net Assets ratio for Smarter Microelectronics (Guangzhou) Co. Ltd. A from 2021 to 2025, 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. For the complete balance sheet picture, see Smarter Microelectronics (Guangzhou) Co. (688512) total assets.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 86.1% | CN¥1.41 Billion | CN¥1.64 Billion | CN¥1.59 Billion | CN¥180.43 Million | ▲ +17.8 pp |
| 2024 | 68.3% | CN¥1.23 Billion | CN¥1.81 Billion | CN¥1.49 Billion | CN¥251.85 Million | ▲ +2.8 pp |
| 2023 | 65.5% | CN¥1.42 Billion | CN¥2.17 Billion | CN¥1.53 Billion | CN¥106.98 Million | ▼ -19.7 pp |
| 2022 | 85.2% | CN¥1.21 Billion | CN¥1.43 Billion | CN¥1.29 Billion | CN¥80.61 Million | ▼ -11.1 pp |
| 2021 | 96.3% | CN¥1.50 Billion | CN¥1.56 Billion | CN¥1.59 Billion | CN¥83.12 Million | — |