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. For the complete balance sheet picture, see 2706 current and non-current assets.
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. Explore 2706 capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
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. Explore 2706 long-term investments to assets to see how much of total assets are deployed in long-term investments.
| 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 | — |