Qingdao NovelBeam Technology Co. Ltd. A (688677) — Working Capital to Net Assets Ratio
Qingdao NovelBeam Technology Co. Ltd. A (688677) has a Working Capital to Net Assets ratio of 55.8% as of June 2025. Working capital of CN¥702.35 Million (current assets of CN¥889.48 Million minus current liabilities of CN¥187.13 Million) is measured against net assets of CN¥1.26 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Qingdao NovelBeam Technology Co. Ltd. A balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Qingdao NovelBeam Technology Co. Ltd. A Working Capital to Net Assets (2013–2024)
This chart shows how Qingdao NovelBeam Technology Co. Ltd. A's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2013 to 2024. As of June 2025, the ratio stands at 55.8%, reflecting working capital of CN¥702.35 Million against net assets of CN¥1.26 Billion CNY. Check Qingdao NovelBeam Technology Co. Ltd. A tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Qingdao NovelBeam Technology Co. Ltd. A (2013–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Qingdao NovelBeam Technology Co. Ltd. A from 2013 to 2024, 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 market value of Qingdao NovelBeam Technology Co. Ltd. A.
| Year | WC/NA Ratio | Working Capital (CNY) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 54.6% | CN¥712.78 Million | CN¥1.31 Billion | CN¥851.29 Million | CN¥138.51 Million | ▼ -8.8 pp |
| 2023 | 63.4% | CN¥819.52 Million | CN¥1.29 Billion | CN¥904.92 Million | CN¥85.41 Million | ▲ +2.0 pp |
| 2022 | 61.4% | CN¥751.08 Million | CN¥1.22 Billion | CN¥918.35 Million | CN¥167.27 Million | ▼ -11.0 pp |
| 2021 | 72.5% | CN¥793.28 Million | CN¥1.09 Billion | CN¥861.29 Million | CN¥68.01 Million | ▲ +36.1 pp |
| 2020 | 36.3% | CN¥116.18 Million | CN¥319.69 Million | CN¥194.34 Million | CN¥78.16 Million | ▲ +10.2 pp |
| 2019 | 26.1% | CN¥58.75 Million | CN¥224.80 Million | CN¥152.67 Million | CN¥93.91 Million | ▼ -16.0 pp |
| 2018 | 42.2% | CN¥96.79 Million | CN¥229.45 Million | CN¥139.04 Million | CN¥42.25 Million | ▼ -1.3 pp |
| 2017 | 43.5% | CN¥84.27 Million | CN¥193.68 Million | CN¥120.07 Million | CN¥35.80 Million | ▲ +11.8 pp |
| 2016 | 31.7% | CN¥45.02 Million | CN¥142.21 Million | CN¥98.64 Million | CN¥53.62 Million | ▲ +20.4 pp |
| 2015 | 11.3% | CN¥10.69 Million | CN¥94.77 Million | CN¥77.89 Million | CN¥67.20 Million | ▲ +17.0 pp |
| 2014 | -5.8% | CN¥-4.01 Million | CN¥69.64 Million | CN¥56.69 Million | CN¥60.70 Million | ▼ -31.0 pp |
| 2013 | 25.2% | CN¥15.93 Million | CN¥63.19 Million | CN¥58.30 Million | CN¥42.37 Million | — |