Forest Water Environmental Eng Co Ltd (8473) — Tangible Net Worth Ratio
Forest Water Environmental Eng Co Ltd (8473) has a Tangible Net Worth Ratio of 76.8% as of December 2025. This metric is calculated by deducting intangible assets (NT$1.91 Billion) from net assets (NT$8.21 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See 8473 working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Forest Water Environmental Eng Co Ltd Tangible Net Worth Ratio (2012–2025)
This chart shows how Forest Water Environmental Eng Co Ltd's Tangible Net Worth Ratio has changed across 14 annual periods from 2012 to 2025. As of December 2025, the ratio stands at 76.8%, reflecting net assets of NT$8.21 Billion with intangible assets of NT$1.91 Billion TWD. See Forest Water Environmental Eng Co Ltd (8473) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Forest Water Environmental Eng Co Ltd (2012–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Forest Water Environmental Eng Co Ltd from 2012 to 2025, covering 14 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see 8473 company net worth.
| Year | Tangible NW Ratio | Net Assets (TWD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 76.8% | NT$8.21 Billion | NT$1.91 Billion | NT$16.69 Billion | ▲ +2.8 pp |
| 2024 | 74.0% | NT$7.83 Billion | NT$2.04 Billion | NT$15.68 Billion | ▲ +3.4 pp |
| 2023 | 70.6% | NT$7.46 Billion | NT$2.19 Billion | NT$15.44 Billion | ▲ +3.6 pp |
| 2022 | 67.0% | NT$6.94 Billion | NT$2.29 Billion | NT$15.38 Billion | ▲ +0.1 pp |
| 2021 | 67.0% | NT$7.36 Billion | NT$2.43 Billion | NT$15.61 Billion | ▲ +2.8 pp |
| 2020 | 64.2% | NT$7.22 Billion | NT$2.58 Billion | NT$15.96 Billion | ▼ -2.3 pp |
| 2019 | 66.5% | NT$7.15 Billion | NT$2.40 Billion | NT$14.40 Billion | ▼ -8.0 pp |
| 2018 | 74.5% | NT$6.94 Billion | NT$1.77 Billion | NT$13.46 Billion | ▼ -4.7 pp |
| 2017 | 79.2% | NT$6.71 Billion | NT$1.40 Billion | NT$11.63 Billion | ▼ -7.9 pp |
| 2016 | 87.1% | NT$6.38 Billion | NT$823.39 Million | NT$10.17 Billion | ▲ +0.7 pp |
| 2015 | 86.4% | NT$5.54 Billion | NT$752.62 Million | NT$9.43 Billion | ▼ 0.0 pp |
| 2014 | 86.4% | NT$5.28 Billion | NT$717.64 Million | NT$9.23 Billion | ▲ +0.3 pp |
| 2013 | 86.1% | NT$4.77 Billion | NT$660.45 Million | NT$8.55 Billion | ▼ -1.0 pp |
| 2012 | 87.1% | NT$4.16 Billion | NT$534.83 Million | NT$8.50 Billion | — |