First Hotel Co Ltd (2706) — Working Capital to Net Assets Ratio
First Hotel Co Ltd (2706) has a Working Capital to Net Assets ratio of 29.4% as of September 2025. Working capital of NT$2.88 Billion (current assets of NT$3.19 Billion minus current liabilities of NT$307.07 Million) is measured against net assets of NT$9.79 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial agility of First Hotel Co Ltd to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
First Hotel Co Ltd Working Capital to Net Assets (2004–2024)
This chart shows how First Hotel Co Ltd's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2004 to 2024. As of September 2025, the ratio stands at 29.4%, reflecting working capital of NT$2.88 Billion against net assets of NT$9.79 Billion TWD. See 2706 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for First Hotel Co Ltd (2004–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for First Hotel Co Ltd from 2004 to 2024, covering 21 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 2706 stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (TWD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 27.8% | NT$2.83 Billion | NT$10.18 Billion | NT$2.97 Billion | NT$136.73 Million | ▲ +0.1 pp |
| 2023 | 27.7% | NT$2.75 Billion | NT$9.90 Billion | NT$2.91 Billion | NT$168.28 Million | ▼ -0.1 pp |
| 2022 | 27.8% | NT$2.68 Billion | NT$9.63 Billion | NT$2.82 Billion | NT$139.08 Million | ▼ -0.3 pp |
| 2021 | 28.1% | NT$2.53 Billion | NT$8.99 Billion | NT$2.67 Billion | NT$145.07 Million | ▲ +1.4 pp |
| 2020 | 26.7% | NT$2.41 Billion | NT$9.03 Billion | NT$2.55 Billion | NT$139.18 Million | ▲ +0.7 pp |
| 2019 | 26.1% | NT$2.44 Billion | NT$9.37 Billion | NT$2.56 Billion | NT$123.54 Million | ▼ -0.8 pp |
| 2018 | 26.9% | NT$2.41 Billion | NT$8.98 Billion | NT$2.54 Billion | NT$132.54 Million | ▼ -1.8 pp |
| 2017 | 28.7% | NT$2.39 Billion | NT$8.35 Billion | NT$2.49 Billion | NT$94.49 Million | ▲ +0.8 pp |
| 2016 | 27.8% | NT$2.25 Billion | NT$8.10 Billion | NT$2.34 Billion | NT$89.56 Million | ▲ +0.5 pp |
| 2015 | 27.3% | NT$2.12 Billion | NT$7.77 Billion | NT$2.21 Billion | NT$91.31 Million | ▲ +0.3 pp |
| 2014 | 27.1% | NT$1.96 Billion | NT$7.25 Billion | NT$2.05 Billion | NT$89.71 Million | ▲ +1.2 pp |
| 2013 | 25.9% | NT$1.74 Billion | NT$6.71 Billion | NT$1.82 Billion | NT$80.96 Million | ▼ -0.3 pp |
| 2012 | 26.2% | NT$1.66 Billion | NT$6.32 Billion | NT$1.73 Billion | NT$74.10 Million | ▲ +2.0 pp |
| 2011 | 24.2% | NT$1.46 Billion | NT$6.03 Billion | NT$1.53 Billion | NT$72.18 Million | ▲ +2.8 pp |
| 2010 | 21.4% | NT$1.28 Billion | NT$5.98 Billion | NT$1.34 Billion | NT$62.87 Million | ▲ +1.7 pp |
| 2009 | 19.7% | NT$1.13 Billion | NT$5.72 Billion | NT$1.20 Billion | NT$69.60 Million | ▼ -0.3 pp |
| 2008 | 20.0% | NT$1.03 Billion | NT$5.14 Billion | NT$1.09 Billion | NT$64.20 Million | ▲ +3.8 pp |
| 2007 | 16.2% | NT$828.10 Million | NT$5.11 Billion | NT$889.31 Million | NT$61.21 Million | ▼ -1.8 pp |
| 2006 | 18.0% | NT$898.13 Million | NT$4.99 Billion | NT$963.67 Million | NT$65.54 Million | ▼ -0.9 pp |
| 2005 | 18.9% | NT$747.93 Million | NT$3.95 Billion | NT$796.74 Million | NT$48.81 Million | ▲ +1.2 pp |
| 2004 | 17.7% | NT$594.99 Million | NT$3.36 Billion | NT$646.40 Million | NT$51.41 Million | — |