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 32.3% as of September 2025. Working capital of NT$221.29 Million (current assets of NT$2.62 Billion minus current liabilities of NT$2.40 Billion) is measured against net assets of NT$684.94 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See 2243 FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
HORNG SHIUE HOLDING Co Ltd Working Capital to Net Assets (2014–2024)
This chart shows how HORNG SHIUE HOLDING Co Ltd's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2014 to 2024. As of September 2025, the ratio stands at 32.3%, reflecting working capital of NT$221.29 Million against net assets of NT$684.94 Million TWD. See HORNG SHIUE HOLDING Co Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for HORNG SHIUE HOLDING Co Ltd (2014–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for HORNG SHIUE HOLDING Co Ltd from 2014 to 2024, covering 11 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 cap of HORNG SHIUE HOLDING Co Ltd.
| Year | WC/NA Ratio | Working Capital (TWD) | Net Assets | Current Assets | Current Liabilities | Change (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 | — |