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 financial flexibility index to measure the company's free cash flow as a share of total liabilities.
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. See Shinkong Insurance Co Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
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. For live market cap and the full company profile, see 2850 market cap overview.
| 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 | — |