Chunghwa Telecom Co (2412) — Working Capital to Net Assets Ratio
Chunghwa Telecom Co (2412) has a Working Capital to Net Assets ratio of 9.5% as of December 2025. Working capital of NT$38.09 Billion (current assets of NT$117.03 Billion minus current liabilities of NT$78.94 Billion) is measured against net assets of NT$400.79 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Chunghwa Telecom Co free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Chunghwa Telecom Co Working Capital to Net Assets (2001–2025)
This chart shows how Chunghwa Telecom Co's Working Capital to Net Assets ratio has evolved across 25 annual periods from 2001 to 2025. As of December 2025, the ratio stands at 9.5%, reflecting working capital of NT$38.09 Billion against net assets of NT$400.79 Billion TWD. See 2412 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Chunghwa Telecom Co (2001–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Chunghwa Telecom Co from 2001 to 2025, covering 25 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 Chunghwa Telecom Co.
| Year | WC/NA Ratio | Working Capital (TWD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 9.5% | NT$38.09 Billion | NT$400.79 Billion | NT$117.03 Billion | NT$78.94 Billion | ▲ +1.7 pp |
| 2024 | 7.8% | NT$30.97 Billion | NT$395.81 Billion | NT$112.97 Billion | NT$82.00 Billion | ▼ -1.2 pp |
| 2023 | 9.0% | NT$35.45 Billion | NT$392.72 Billion | NT$103.20 Billion | NT$67.75 Billion | ▲ +0.3 pp |
| 2022 | 8.7% | NT$34.16 Billion | NT$391.74 Billion | NT$101.90 Billion | NT$67.74 Billion | ▲ +1.9 pp |
| 2021 | 6.8% | NT$26.73 Billion | NT$391.26 Billion | NT$91.02 Billion | NT$64.29 Billion | ▲ +4.2 pp |
| 2020 | 2.7% | NT$10.37 Billion | NT$389.26 Billion | NT$81.80 Billion | NT$71.44 Billion | ▼ -0.2 pp |
| 2019 | 2.8% | NT$10.58 Billion | NT$376.11 Billion | NT$69.97 Billion | NT$59.38 Billion | ▼ -5.0 pp |
| 2018 | 7.8% | NT$30.30 Billion | NT$386.57 Billion | NT$91.69 Billion | NT$61.39 Billion | ▲ +2.7 pp |
| 2017 | 5.2% | NT$19.34 Billion | NT$373.58 Billion | NT$79.33 Billion | NT$59.99 Billion | ▼ -0.6 pp |
| 2016 | 5.8% | NT$21.51 Billion | NT$371.20 Billion | NT$81.62 Billion | NT$60.11 Billion | ▲ +1.1 pp |
| 2015 | 4.7% | NT$17.68 Billion | NT$374.01 Billion | NT$76.21 Billion | NT$58.53 Billion | ▲ +1.9 pp |
| 2014 | 2.8% | NT$10.51 Billion | NT$369.51 Billion | NT$69.41 Billion | NT$58.90 Billion | ▲ +2.4 pp |
| 2013 | 0.5% | NT$1.69 Billion | NT$365.34 Billion | NT$60.51 Billion | NT$58.83 Billion | ▼ -11.5 pp |
| 2012 | 12.0% | NT$44.21 Billion | NT$369.91 Billion | NT$101.00 Billion | NT$56.78 Billion | ▼ -0.7 pp |
| 2011 | 12.7% | NT$47.26 Billion | NT$373.04 Billion | NT$106.54 Billion | NT$59.28 Billion | ▼ -0.5 pp |
| 2010 | 13.1% | NT$48.45 Billion | NT$368.60 Billion | NT$120.79 Billion | NT$72.34 Billion | ▼ -1.3 pp |
| 2009 | 14.5% | NT$54.79 Billion | NT$378.96 Billion | NT$114.49 Billion | NT$59.70 Billion | ▲ +1.7 pp |
| 2008 | 12.7% | NT$48.27 Billion | NT$379.69 Billion | NT$118.21 Billion | NT$69.94 Billion | ▼ -1.8 pp |
| 2007 | 14.5% | NT$46.44 Billion | NT$320.56 Billion | NT$120.94 Billion | NT$74.50 Billion | ▲ +3.9 pp |
| 2006 | 10.6% | NT$33.79 Billion | NT$320.08 Billion | NT$100.88 Billion | NT$67.09 Billion | ▲ +3.0 pp |
| 2005 | 7.5% | NT$24.73 Billion | NT$328.82 Billion | NT$81.59 Billion | NT$56.86 Billion | ▲ +18.9 pp |
| 2004 | -11.4% | NT$-36.19 Billion | NT$318.74 Billion | NT$73.00 Billion | NT$109.20 Billion | ▲ +7.2 pp |
| 2003 | -18.5% | NT$-57.52 Billion | NT$310.22 Billion | NT$48.69 Billion | NT$106.21 Billion | ▼ -1.3 pp |
| 2002 | -17.2% | NT$-51.79 Billion | NT$300.73 Billion | NT$45.39 Billion | NT$97.18 Billion | ▼ -5.1 pp |
| 2001 | -12.1% | NT$-40.45 Billion | NT$334.35 Billion | NT$4.60 Billion | NT$45.05 Billion | — |