Victory New Materials Ltd Co (1340) — Working Capital to Net Assets Ratio
Victory New Materials Ltd Co (1340) has a Working Capital to Net Assets ratio of 23.6% as of March 2026. Working capital of NT$623.60 Million (current assets of NT$785.50 Million minus current liabilities of NT$161.90 Million) is measured against net assets of NT$2.65 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Victory New Materials Ltd Co leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Victory New Materials Ltd Co Working Capital to Net Assets (2010–2025)
This chart shows how Victory New Materials Ltd Co's Working Capital to Net Assets ratio has evolved across 16 annual periods from 2010 to 2025. As of March 2026, the ratio stands at 23.6%, reflecting working capital of NT$623.60 Million against net assets of NT$2.65 Billion TWD. See Victory New Materials Ltd Co (1340) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Victory New Materials Ltd Co (2010–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Victory New Materials Ltd Co from 2010 to 2025, covering 16 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 Victory New Materials Ltd Co.
| Year | WC/NA Ratio | Working Capital (TWD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 26.2% | NT$683.81 Million | NT$2.61 Billion | NT$783.22 Million | NT$99.41 Million | ▼ -1.5 pp |
| 2024 | 27.7% | NT$831.86 Million | NT$3.00 Billion | NT$969.05 Million | NT$137.20 Million | ▼ -3.5 pp |
| 2023 | 31.2% | NT$1.16 Billion | NT$3.72 Billion | NT$1.34 Billion | NT$177.17 Million | ▼ -12.1 pp |
| 2022 | 43.3% | NT$2.01 Billion | NT$4.65 Billion | NT$2.15 Billion | NT$137.62 Million | ▼ -11.1 pp |
| 2021 | 54.4% | NT$2.71 Billion | NT$4.99 Billion | NT$2.88 Billion | NT$163.53 Million | ▼ -8.0 pp |
| 2020 | 62.4% | NT$3.38 Billion | NT$5.42 Billion | NT$3.53 Billion | NT$143.32 Million | ▼ -6.0 pp |
| 2019 | 68.4% | NT$4.01 Billion | NT$5.86 Billion | NT$4.24 Billion | NT$229.47 Million | ▼ -7.7 pp |
| 2018 | 76.1% | NT$4.99 Billion | NT$6.55 Billion | NT$5.22 Billion | NT$233.03 Million | ▼ -5.5 pp |
| 2017 | 81.6% | NT$5.38 Billion | NT$6.59 Billion | NT$5.78 Billion | NT$398.91 Million | ▼ -3.2 pp |
| 2016 | 84.8% | NT$5.05 Billion | NT$5.95 Billion | NT$5.54 Billion | NT$493.79 Million | ▼ -10.8 pp |
| 2015 | 95.5% | NT$5.40 Billion | NT$5.65 Billion | NT$6.13 Billion | NT$736.26 Million | ▲ +1.4 pp |
| 2014 | 94.2% | NT$4.77 Billion | NT$5.06 Billion | NT$5.40 Billion | NT$627.41 Million | ▲ +3.5 pp |
| 2013 | 90.7% | NT$2.91 Billion | NT$3.20 Billion | NT$3.52 Billion | NT$615.94 Million | ▲ +8.8 pp |
| 2012 | 81.9% | NT$1.48 Billion | NT$1.81 Billion | NT$1.80 Billion | NT$315.88 Million | ▲ +7.3 pp |
| 2011 | 74.6% | NT$978.45 Million | NT$1.31 Billion | NT$1.50 Billion | NT$526.54 Million | ▲ +4.2 pp |
| 2010 | 70.4% | NT$544.85 Million | NT$773.95 Million | NT$968.04 Million | NT$423.19 Million | — |