China Development Financial Holding Corp (2883) — Working Capital to Net Assets Ratio
China Development Financial Holding Corp (2883) has a Working Capital to Net Assets ratio of -112.5% as of June 2024. Working capital of NT$-335.31 Billion (current assets of NT$434.77 Billion minus current liabilities of NT$770.08 Billion) is measured against net assets of NT$298.05 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See China Development Financial Holding Corp leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
China Development Financial Holding Corp Working Capital to Net Assets (2009–2023)
This chart shows how China Development Financial Holding Corp's Working Capital to Net Assets ratio has evolved across 15 annual periods from 2009 to 2023. As of June 2024, the ratio stands at -112.5%, reflecting working capital of NT$-335.31 Billion against net assets of NT$298.05 Billion TWD. See 2883 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for China Development Financial Holding Corp (2009–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for China Development Financial Holding Corp from 2009 to 2023, covering 15 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see market value of China Development Financial Holding Corp.
| Year | WC/NA Ratio | Working Capital (TWD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | -82.7% | NT$-217.53 Billion | NT$262.95 Billion | NT$259.05 Billion | NT$476.57 Billion | ▼ -182.2 pp |
| 2022 | 99.5% | NT$207.64 Billion | NT$208.79 Billion | NT$298.36 Billion | NT$90.72 Billion | ▲ +16.1 pp |
| 2021 | 83.4% | NT$244.38 Billion | NT$293.11 Billion | NT$347.23 Billion | NT$102.85 Billion | ▲ +28.2 pp |
| 2020 | 55.2% | NT$183.51 Billion | NT$332.63 Billion | NT$286.60 Billion | NT$103.10 Billion | ▲ +5.6 pp |
| 2019 | 49.6% | NT$146.91 Billion | NT$296.47 Billion | NT$233.75 Billion | NT$86.84 Billion | ▲ +6.8 pp |
| 2018 | 42.7% | NT$95.50 Billion | NT$223.56 Billion | NT$185.14 Billion | NT$89.64 Billion | ▲ +190.6 pp |
| 2017 | -147.9% | NT$-368.68 Billion | NT$249.22 Billion | NT$197.86 Billion | NT$566.54 Billion | ▼ -31.3 pp |
| 2016 | -116.6% | NT$-194.91 Billion | NT$167.10 Billion | NT$192.39 Billion | NT$387.30 Billion | ▼ -26.3 pp |
| 2015 | -90.3% | NT$-152.47 Billion | NT$168.77 Billion | NT$212.97 Billion | NT$365.44 Billion | ▼ -202.2 pp |
| 2014 | 111.8% | NT$194.51 Billion | NT$173.91 Billion | NT$198.61 Billion | NT$4.10 Billion | ▲ +4.3 pp |
| 2013 | 107.5% | NT$181.81 Billion | NT$169.10 Billion | NT$185.47 Billion | NT$3.65 Billion | ▲ +54.5 pp |
| 2012 | 53.0% | NT$87.85 Billion | NT$165.84 Billion | NT$109.47 Billion | NT$21.61 Billion | ▲ +13.4 pp |
| 2011 | 39.6% | NT$47.07 Billion | NT$118.99 Billion | NT$54.74 Billion | NT$7.67 Billion | ▼ -17.7 pp |
| 2010 | 57.3% | NT$74.32 Billion | NT$129.77 Billion | NT$84.17 Billion | NT$9.85 Billion | ▲ +17.1 pp |
| 2009 | 40.2% | NT$53.01 Billion | NT$131.88 Billion | NT$63.57 Billion | NT$10.56 Billion | — |