Shin Kong Financial Holding Co Ltd Working Capital to Net Assets Ratio
Shin Kong Financial Holding Co Ltd 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. Check Shin Kong Financial Holding Co Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Shin Kong Financial Holding Co Ltd (2006–2023)
Working capital to net assets ratio of Shin Kong Financial Holding Co Ltd from 2006 to 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. See 2888 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Shin Kong Financial Holding Co Ltd Working Capital to Net Assets Ratio by Year (2006–2023)
Shin Kong Financial Holding Co Ltd working capital to net assets ratio by year from 2006 to 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 the complete balance sheet picture, see 2888 total asset value.
| 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 | — |