Shin Kong Financial Holding Co Ltd (2888) — Working Capital to Net Assets Ratio
Shin Kong Financial Holding Co Ltd (2888) has a Working Capital to Net Assets ratio of 226.3% as of June 2024. Working capital of NT$611.52 Billion (current assets of NT$670.52 Billion minus current liabilities of NT$58.99 Billion) is measured against net assets of NT$270.22 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See debt-free asset ratio of Shin Kong Financial Holding Co Ltd to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Shin Kong Financial Holding Co Ltd Working Capital to Net Assets (2006–2023)
This chart shows how Shin Kong Financial Holding Co Ltd's Working Capital to Net Assets ratio has evolved across 16 annual periods from 2006 to 2023. As of June 2024, the ratio stands at 226.3%, reflecting working capital of NT$611.52 Billion against net assets of NT$270.22 Billion TWD. Check Shin Kong Financial Holding Co Ltd (2888) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Shin Kong Financial Holding Co Ltd (2006–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Shin Kong Financial Holding Co Ltd from 2006 to 2023, covering 16 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 Shin Kong Financial Holding Co Ltd.
| Year | WC/NA Ratio | Working Capital (TWD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 30.5% | NT$74.95 Billion | NT$246.08 Billion | NT$168.48 Billion | NT$93.52 Billion | ▼ -44.7 pp |
| 2022 | 75.2% | NT$159.46 Billion | NT$212.13 Billion | NT$233.87 Billion | NT$74.42 Billion | ▲ +72.4 pp |
| 2021 | 2.7% | NT$126.49 Billion | NT$4.61 Trillion | NT$242.66 Billion | NT$116.17 Billion | ▼ -1.1 pp |
| 2020 | 3.9% | NT$165.23 Billion | NT$4.28 Trillion | NT$268.29 Billion | NT$103.06 Billion | ▼ -2.1 pp |
| 2019 | 6.0% | NT$234.51 Billion | NT$3.92 Trillion | NT$326.40 Billion | NT$91.89 Billion | ▼ -37.8 pp |
| 2018 | 43.8% | NT$63.36 Billion | NT$144.62 Billion | NT$167.16 Billion | NT$103.79 Billion | ▼ -38.9 pp |
| 2017 | 82.7% | NT$129.06 Billion | NT$155.97 Billion | NT$210.19 Billion | NT$81.13 Billion | ▼ -13.5 pp |
| 2016 | 96.2% | NT$130.48 Billion | NT$135.57 Billion | NT$213.35 Billion | NT$82.87 Billion | ▼ -13.6 pp |
| 2015 | 109.9% | NT$135.31 Billion | NT$123.13 Billion | NT$246.87 Billion | NT$111.56 Billion | ▼ -83.8 pp |
| 2014 | 193.7% | NT$243.03 Billion | NT$125.47 Billion | NT$249.81 Billion | NT$6.79 Billion | ▼ -2.5 pp |
| 2013 | 196.1% | NT$225.17 Billion | NT$114.80 Billion | NT$229.65 Billion | NT$4.48 Billion | ▼ -74.4 pp |
| 2012 | 270.5% | NT$252.18 Billion | NT$93.22 Billion | NT$256.60 Billion | NT$4.41 Billion | ▲ +46.2 pp |
| 2009 | 224.3% | NT$207.90 Billion | NT$92.68 Billion | NT$225.55 Billion | NT$17.65 Billion | ▼ -73.1 pp |
| 2008 | 297.4% | NT$167.13 Billion | NT$56.19 Billion | NT$178.01 Billion | NT$10.89 Billion | ▲ +120.4 pp |
| 2007 | 177.0% | NT$177.20 Billion | NT$100.11 Billion | NT$190.86 Billion | NT$13.66 Billion | ▲ +48.1 pp |
| 2006 | 128.9% | NT$117.14 Billion | NT$90.85 Billion | NT$127.75 Billion | NT$10.62 Billion | — |