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 balance sheet quality to measure how much of total assets are equity-financed.
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. Check 2850 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
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 how much is Shinkong Insurance Co Ltd worth.
| 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 | — |