Sinopac Financial Holdings Co Ltd (2890) — Working Capital to Net Assets Ratio
Sinopac Financial Holdings Co Ltd (2890) has a Working Capital to Net Assets ratio of -604.4% as of June 2024. Working capital of NT$-1.17 Trillion (current assets of NT$38.22 Billion minus current liabilities of NT$1.21 Trillion) is measured against net assets of NT$193.93 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial agility of Sinopac Financial Holdings Co Ltd to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Sinopac Financial Holdings Co Ltd Working Capital to Net Assets (2006–2023)
This chart shows how Sinopac Financial Holdings Co Ltd's Working Capital to Net Assets ratio has evolved across 18 annual periods from 2006 to 2023. As of June 2024, the ratio stands at -604.4%, reflecting working capital of NT$-1.17 Trillion against net assets of NT$193.93 Billion TWD. See how many days can Sinopac Financial Holdings Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Sinopac Financial Holdings Co Ltd (2006–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Sinopac Financial Holdings Co Ltd from 2006 to 2023, covering 18 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see market value of Sinopac Financial Holdings Co Ltd.
| Year | WC/NA Ratio | Working Capital (TWD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | -587.1% | NT$-1.11 Trillion | NT$188.34 Billion | NT$30.64 Billion | NT$1.14 Trillion | ▼ -838.9 pp |
| 2022 | 251.8% | NT$387.84 Billion | NT$154.02 Billion | NT$438.36 Billion | NT$50.52 Billion | ▲ +54.9 pp |
| 2021 | 196.9% | NT$320.51 Billion | NT$162.80 Billion | NT$376.23 Billion | NT$55.72 Billion | ▲ +61.6 pp |
| 2020 | 135.3% | NT$210.87 Billion | NT$155.87 Billion | NT$261.33 Billion | NT$50.46 Billion | ▼ -1.8 pp |
| 2019 | 137.1% | NT$203.42 Billion | NT$148.37 Billion | NT$242.72 Billion | NT$39.29 Billion | ▲ +7.8 pp |
| 2018 | 129.3% | NT$183.44 Billion | NT$141.82 Billion | NT$202.46 Billion | NT$19.02 Billion | ▼ -4.3 pp |
| 2017 | 133.6% | NT$184.72 Billion | NT$138.26 Billion | NT$207.70 Billion | NT$22.98 Billion | ▼ -39.9 pp |
| 2016 | 173.5% | NT$232.38 Billion | NT$133.90 Billion | NT$249.13 Billion | NT$16.76 Billion | ▲ +6.2 pp |
| 2015 | 167.4% | NT$220.45 Billion | NT$131.71 Billion | NT$235.31 Billion | NT$14.86 Billion | ▼ -80.3 pp |
| 2014 | 247.7% | NT$311.07 Billion | NT$125.61 Billion | NT$328.63 Billion | NT$17.56 Billion | ▲ +39.6 pp |
| 2013 | 208.0% | NT$225.73 Billion | NT$108.51 Billion | NT$244.70 Billion | NT$18.97 Billion | ▲ +21.5 pp |
| 2012 | 186.5% | NT$184.03 Billion | NT$98.68 Billion | NT$191.91 Billion | NT$7.88 Billion | ▲ +2.4 pp |
| 2011 | 184.1% | NT$165.83 Billion | NT$90.09 Billion | NT$173.45 Billion | NT$7.62 Billion | ▲ +17.6 pp |
| 2010 | 166.4% | NT$144.38 Billion | NT$86.74 Billion | NT$150.16 Billion | NT$5.78 Billion | ▼ -8.6 pp |
| 2009 | 175.1% | NT$145.08 Billion | NT$82.86 Billion | NT$161.26 Billion | NT$16.18 Billion | ▼ -1219.9 pp |
| 2008 | 1395.0% | NT$801.33 Billion | NT$57.44 Billion | NT$835.04 Billion | NT$33.71 Billion | ▲ +42.3 pp |
| 2007 | 1352.7% | NT$833.25 Billion | NT$61.60 Billion | NT$856.01 Billion | NT$22.76 Billion | ▲ +161.0 pp |
| 2006 | 1191.7% | NT$772.51 Billion | NT$64.83 Billion | NT$801.98 Billion | NT$29.47 Billion | — |