Shinkong Insurance Co Ltd (2850) — Working Capital to Net Assets Ratio
Shinkong Insurance Co Ltd (2850) has a Working Capital to Net Assets ratio of 19.1% as of June 2024. Working capital of NT$3.41 Billion (current assets of NT$17.70 Billion minus current liabilities of NT$14.29 Billion) is measured against net assets of NT$17.87 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Shinkong Insurance Co Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Shinkong Insurance Co Ltd Working Capital to Net Assets (2006–2023)
This chart shows how Shinkong Insurance Co Ltd's Working Capital to Net Assets ratio has evolved across 18 annual periods from 2006 to 2023. As of June 2024, the ratio stands at 19.1%, reflecting working capital of NT$3.41 Billion against net assets of NT$17.87 Billion TWD. For the complete balance sheet picture, see how large is Shinkong Insurance Co Ltd's balance sheet.
Annual Working Capital to Net Assets for Shinkong Insurance Co Ltd (2006–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Shinkong Insurance Co Ltd from 2006 to 2023, covering 18 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 financial resilience of Shinkong Insurance Co Ltd to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (TWD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 12.6% | NT$2.21 Billion | NT$17.52 Billion | NT$12.91 Billion | NT$10.70 Billion | ▼ -50.7 pp |
| 2022 | 63.3% | NT$9.51 Billion | NT$15.03 Billion | NT$12.20 Billion | NT$2.69 Billion | ▼ -4.0 pp |
| 2021 | 67.3% | NT$10.26 Billion | NT$15.26 Billion | NT$13.16 Billion | NT$2.89 Billion | ▼ -7.3 pp |
| 2020 | 74.5% | NT$9.86 Billion | NT$13.22 Billion | NT$12.29 Billion | NT$2.44 Billion | ▲ +3.8 pp |
| 2019 | 70.7% | NT$8.26 Billion | NT$11.67 Billion | NT$10.96 Billion | NT$2.70 Billion | ▼ -18.2 pp |
| 2018 | 89.0% | NT$9.42 Billion | NT$10.59 Billion | NT$11.69 Billion | NT$2.26 Billion | ▼ -37.2 pp |
| 2017 | 126.2% | NT$12.38 Billion | NT$9.81 Billion | NT$14.90 Billion | NT$2.52 Billion | ▼ -9.6 pp |
| 2016 | 135.8% | NT$11.55 Billion | NT$8.51 Billion | NT$13.58 Billion | NT$2.02 Billion | ▼ -9.3 pp |
| 2015 | 145.1% | NT$12.14 Billion | NT$8.37 Billion | NT$13.95 Billion | NT$1.80 Billion | ▲ +95.9 pp |
| 2014 | 49.2% | NT$3.78 Billion | NT$7.69 Billion | NT$5.54 Billion | NT$1.76 Billion | ▼ -103.2 pp |
| 2013 | 152.4% | NT$10.55 Billion | NT$6.92 Billion | NT$12.17 Billion | NT$1.62 Billion | ▲ +66.7 pp |
| 2012 | 85.7% | NT$5.26 Billion | NT$6.13 Billion | NT$6.41 Billion | NT$1.15 Billion | ▼ -15.0 pp |
| 2011 | 100.7% | NT$5.43 Billion | NT$5.39 Billion | NT$6.51 Billion | NT$1.08 Billion | ▲ +29.5 pp |
| 2010 | 71.2% | NT$4.64 Billion | NT$6.52 Billion | NT$5.49 Billion | NT$843.72 Million | ▲ +2.2 pp |
| 2009 | 69.1% | NT$3.67 Billion | NT$5.31 Billion | NT$4.57 Billion | NT$901.32 Million | ▼ -8.6 pp |
| 2008 | 77.7% | NT$2.49 Billion | NT$3.21 Billion | NT$2.59 Billion | NT$92.70 Million | ▲ +15.6 pp |
| 2007 | 62.1% | NT$2.65 Billion | NT$4.27 Billion | NT$2.74 Billion | NT$85.71 Million | ▲ +22.4 pp |
| 2006 | 39.8% | NT$1.81 Billion | NT$4.55 Billion | NT$1.88 Billion | NT$66.28 Million | — |