Universal Cement Corp (1104) — Working Capital to Net Assets Ratio
Universal Cement Corp (1104) has a Working Capital to Net Assets ratio of 14.7% as of September 2025. Working capital of NT$3.53 Billion (current assets of NT$7.38 Billion minus current liabilities of NT$3.86 Billion) is measured against net assets of NT$24.00 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 1104 equity financing ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Universal Cement Corp Working Capital to Net Assets (2006–2024)
This chart shows how Universal Cement Corp's Working Capital to Net Assets ratio has evolved across 19 annual periods from 2006 to 2024. As of September 2025, the ratio stands at 14.7%, reflecting working capital of NT$3.53 Billion against net assets of NT$24.00 Billion TWD. Check how tangible is Universal Cement Corp's equity to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Universal Cement Corp (2006–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Universal Cement Corp from 2006 to 2024, covering 19 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 Universal Cement Corp stock valuation.
| Year | WC/NA Ratio | Working Capital (TWD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 13.8% | NT$3.38 Billion | NT$24.46 Billion | NT$7.18 Billion | NT$3.80 Billion | ▲ +1.7 pp |
| 2023 | 12.2% | NT$2.76 Billion | NT$22.68 Billion | NT$6.84 Billion | NT$4.08 Billion | ▲ +8.0 pp |
| 2022 | 4.2% | NT$897.28 Million | NT$21.53 Billion | NT$5.65 Billion | NT$4.75 Billion | ▲ +0.2 pp |
| 2021 | 3.9% | NT$759.62 Million | NT$19.38 Billion | NT$5.00 Billion | NT$4.25 Billion | ▲ +0.7 pp |
| 2020 | 3.2% | NT$596.22 Million | NT$18.79 Billion | NT$4.39 Billion | NT$3.80 Billion | ▲ +0.8 pp |
| 2019 | 2.4% | NT$435.41 Million | NT$18.10 Billion | NT$4.27 Billion | NT$3.83 Billion | ▼ -1.1 pp |
| 2018 | 3.5% | NT$623.13 Million | NT$17.83 Billion | NT$4.06 Billion | NT$3.44 Billion | ▼ -3.1 pp |
| 2017 | 6.6% | NT$1.13 Billion | NT$17.15 Billion | NT$3.86 Billion | NT$2.73 Billion | ▲ +0.0 pp |
| 2016 | 6.6% | NT$1.08 Billion | NT$16.40 Billion | NT$3.64 Billion | NT$2.57 Billion | ▲ +2.9 pp |
| 2015 | 3.6% | NT$578.73 Million | NT$16.00 Billion | NT$3.04 Billion | NT$2.46 Billion | ▼ -0.1 pp |
| 2014 | 3.7% | NT$584.06 Million | NT$15.80 Billion | NT$2.65 Billion | NT$2.07 Billion | ▼ -2.7 pp |
| 2013 | 6.4% | NT$930.69 Million | NT$14.54 Billion | NT$2.63 Billion | NT$1.70 Billion | ▼ -1.1 pp |
| 2012 | 7.5% | NT$1.00 Billion | NT$13.38 Billion | NT$2.13 Billion | NT$1.13 Billion | ▼ -1.0 pp |
| 2011 | 8.4% | NT$1.10 Billion | NT$13.06 Billion | NT$2.33 Billion | NT$1.23 Billion | ▼ -15.8 pp |
| 2010 | 24.3% | NT$3.11 Billion | NT$12.81 Billion | NT$4.81 Billion | NT$1.70 Billion | ▲ +11.7 pp |
| 2009 | 12.5% | NT$1.58 Billion | NT$12.58 Billion | NT$3.47 Billion | NT$1.89 Billion | ▲ +10.4 pp |
| 2008 | 2.2% | NT$266.62 Million | NT$12.25 Billion | NT$4.62 Billion | NT$4.35 Billion | ▼ -12.7 pp |
| 2007 | 14.8% | NT$1.80 Billion | NT$12.11 Billion | NT$4.82 Billion | NT$3.02 Billion | ▼ -0.6 pp |
| 2006 | 15.5% | NT$1.76 Billion | NT$11.38 Billion | NT$4.44 Billion | NT$2.68 Billion | — |