HORNG SHIUE HOLDING Co Ltd (2243) — Working Capital to Net Assets Ratio
HORNG SHIUE HOLDING Co Ltd (2243) has a Working Capital to Net Assets ratio of 59.5% as of March 2026. Working capital of NT$528.52 Million (current assets of NT$2.60 Billion minus current liabilities of NT$2.07 Billion) is measured against net assets of NT$888.64 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See 2243 days of operational coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
HORNG SHIUE HOLDING Co Ltd Working Capital to Net Assets (2014–2025)
This chart shows how HORNG SHIUE HOLDING Co Ltd'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 59.5%, reflecting working capital of NT$528.52 Million against net assets of NT$888.64 Million TWD. For the complete balance sheet picture, see HORNG SHIUE HOLDING Co Ltd balance sheet assets.
Annual Working Capital to Net Assets for HORNG SHIUE HOLDING Co Ltd (2014–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for HORNG SHIUE HOLDING Co Ltd 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. Check 2243 cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (TWD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 45.0% | NT$363.27 Million | NT$807.09 Million | NT$2.77 Billion | NT$2.40 Billion | ▼ -11.2 pp |
| 2024 | 56.2% | NT$418.15 Million | NT$744.01 Million | NT$2.57 Billion | NT$2.15 Billion | ▲ +27.0 pp |
| 2023 | 29.2% | NT$198.30 Million | NT$678.61 Million | NT$2.49 Billion | NT$2.29 Billion | ▲ +20.8 pp |
| 2022 | 8.4% | NT$41.45 Million | NT$490.97 Million | NT$2.56 Billion | NT$2.51 Billion | ▲ +50.8 pp |
| 2021 | -42.4% | NT$-208.04 Million | NT$491.11 Million | NT$2.73 Billion | NT$2.94 Billion | ▲ +2.6 pp |
| 2020 | -45.0% | NT$-248.02 Million | NT$551.11 Million | NT$2.44 Billion | NT$2.68 Billion | ▼ -139.5 pp |
| 2019 | 94.5% | NT$780.11 Million | NT$825.35 Million | NT$2.53 Billion | NT$1.75 Billion | ▼ -5.7 pp |
| 2018 | 100.3% | NT$967.58 Million | NT$965.12 Million | NT$3.28 Billion | NT$2.32 Billion | ▲ +65.3 pp |
| 2017 | 34.9% | NT$352.75 Million | NT$1.01 Billion | NT$3.31 Billion | NT$2.95 Billion | ▼ -0.3 pp |
| 2016 | 35.2% | NT$305.79 Million | NT$868.73 Million | NT$3.20 Billion | NT$2.90 Billion | ▲ +69.9 pp |
| 2015 | -34.7% | NT$-166.57 Million | NT$479.82 Million | NT$3.42 Billion | NT$3.58 Billion | ▲ +46.8 pp |
| 2014 | -81.5% | NT$-302.90 Million | NT$371.69 Million | NT$3.02 Billion | NT$3.32 Billion | — |