GCH Technology Co. Ltd. A (688625) — Working Capital to Net Assets Ratio
GCH Technology Co. Ltd. A (688625) has a Working Capital to Net Assets ratio of -8.4% as of March 2026. Working capital of CN¥-133.09 Million (current assets of CN¥1.43 Billion minus current liabilities of CN¥1.57 Billion) is measured against net assets of CN¥1.59 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 688625 net asset quality score to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
GCH Technology Co. Ltd. A Working Capital to Net Assets (2014–2025)
This chart shows how GCH Technology Co. Ltd. A's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2014 to 2025. As of March 2026, the ratio stands at -8.4%, reflecting working capital of CN¥-133.09 Million against net assets of CN¥1.59 Billion CNY. Check 688625 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for GCH Technology Co. Ltd. A (2014–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for GCH Technology Co. Ltd. A from 2014 to 2025, covering 12 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 688625 market cap.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -0.9% | CN¥-14.15 Million | CN¥1.51 Billion | CN¥1.51 Billion | CN¥1.53 Billion | ▼ -24.0 pp |
| 2024 | 23.0% | CN¥313.24 Million | CN¥1.36 Billion | CN¥2.21 Billion | CN¥1.89 Billion | ▲ +60.4 pp |
| 2023 | -37.4% | CN¥-477.67 Million | CN¥1.28 Billion | CN¥1.55 Billion | CN¥2.03 Billion | ▲ +15.8 pp |
| 2022 | -53.2% | CN¥-562.07 Million | CN¥1.06 Billion | CN¥763.34 Million | CN¥1.33 Billion | ▼ -113.5 pp |
| 2021 | 60.3% | CN¥548.34 Million | CN¥908.80 Million | CN¥790.30 Million | CN¥241.96 Million | ▲ +4.2 pp |
| 2020 | 56.2% | CN¥172.81 Million | CN¥307.59 Million | CN¥270.50 Million | CN¥97.69 Million | ▲ +1.2 pp |
| 2019 | 55.0% | CN¥126.47 Million | CN¥229.95 Million | CN¥214.76 Million | CN¥88.29 Million | ▲ +4.9 pp |
| 2018 | 50.1% | CN¥79.20 Million | CN¥158.05 Million | CN¥155.91 Million | CN¥76.71 Million | ▲ +21.5 pp |
| 2017 | 28.7% | CN¥28.83 Million | CN¥100.63 Million | CN¥95.12 Million | CN¥66.29 Million | ▼ -55.6 pp |
| 2016 | 84.2% | CN¥82.18 Million | CN¥97.58 Million | CN¥96.18 Million | CN¥14.00 Million | ▲ +4.9 pp |
| 2015 | 79.4% | CN¥55.63 Million | CN¥70.09 Million | CN¥80.73 Million | CN¥25.10 Million | ▲ +19.2 pp |
| 2014 | 60.1% | CN¥38.16 Million | CN¥63.48 Million | CN¥67.54 Million | CN¥29.37 Million | — |