Shin Shin Co Ltd (2901) — Working Capital to Net Assets Ratio
Shin Shin Co Ltd (2901) has a Working Capital to Net Assets ratio of 48.7% as of December 2025. Working capital of NT$431.04 Million (current assets of NT$495.57 Million minus current liabilities of NT$64.54 Million) is measured against net assets of NT$884.32 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Shin Shin Co Ltd balance sheet independence to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Shin Shin Co Ltd Working Capital to Net Assets (2004–2025)
This chart shows how Shin Shin Co Ltd's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2004 to 2025. As of December 2025, the ratio stands at 48.7%, reflecting working capital of NT$431.04 Million against net assets of NT$884.32 Million TWD. Check 2901 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Shin Shin Co Ltd (2004–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Shin Shin Co Ltd from 2004 to 2025, covering 22 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 2901 market cap.
| Year | WC/NA Ratio | Working Capital (TWD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 48.7% | NT$431.04 Million | NT$884.32 Million | NT$495.57 Million | NT$64.54 Million | ▲ +0.3 pp |
| 2024 | 48.4% | NT$428.03 Million | NT$883.73 Million | NT$482.06 Million | NT$54.03 Million | ▲ +2.2 pp |
| 2023 | 46.2% | NT$406.82 Million | NT$880.35 Million | NT$469.95 Million | NT$63.13 Million | ▲ +2.5 pp |
| 2022 | 43.7% | NT$378.29 Million | NT$866.38 Million | NT$434.00 Million | NT$55.72 Million | ▲ +1.6 pp |
| 2021 | 42.1% | NT$359.53 Million | NT$854.60 Million | NT$411.21 Million | NT$51.68 Million | ▼ -0.3 pp |
| 2020 | 42.3% | NT$364.24 Million | NT$860.59 Million | NT$411.93 Million | NT$47.68 Million | ▲ +0.7 pp |
| 2019 | 41.6% | NT$364.03 Million | NT$875.30 Million | NT$413.21 Million | NT$49.19 Million | ▲ +1.7 pp |
| 2018 | 39.9% | NT$347.40 Million | NT$870.50 Million | NT$399.51 Million | NT$52.12 Million | ▲ +1.4 pp |
| 2017 | 38.5% | NT$334.67 Million | NT$868.48 Million | NT$385.82 Million | NT$51.15 Million | ▲ +2.9 pp |
| 2016 | 35.6% | NT$307.27 Million | NT$863.11 Million | NT$352.27 Million | NT$45.00 Million | ▼ -3.5 pp |
| 2015 | 39.1% | NT$339.00 Million | NT$867.91 Million | NT$383.23 Million | NT$44.23 Million | ▲ +2.4 pp |
| 2014 | 36.7% | NT$315.77 Million | NT$860.35 Million | NT$356.66 Million | NT$40.89 Million | ▲ +1.4 pp |
| 2013 | 35.3% | NT$300.72 Million | NT$852.40 Million | NT$343.94 Million | NT$43.21 Million | ▲ +2.0 pp |
| 2012 | 33.3% | NT$281.97 Million | NT$846.30 Million | NT$325.12 Million | NT$43.15 Million | ▲ +3.0 pp |
| 2011 | 30.3% | NT$256.49 Million | NT$845.89 Million | NT$302.42 Million | NT$45.92 Million | ▲ +3.5 pp |
| 2010 | 26.9% | NT$223.69 Million | NT$832.85 Million | NT$261.10 Million | NT$37.41 Million | ▲ +2.0 pp |
| 2009 | 24.8% | NT$207.22 Million | NT$835.00 Million | NT$247.07 Million | NT$39.85 Million | ▲ +2.6 pp |
| 2008 | 22.3% | NT$184.83 Million | NT$830.28 Million | NT$222.31 Million | NT$37.48 Million | ▲ +3.8 pp |
| 2007 | 18.4% | NT$151.55 Million | NT$821.76 Million | NT$215.54 Million | NT$63.99 Million | ▼ -10.5 pp |
| 2006 | 28.9% | NT$233.76 Million | NT$808.75 Million | NT$295.03 Million | NT$61.27 Million | ▲ +0.2 pp |
| 2005 | 28.7% | NT$236.52 Million | NT$822.77 Million | NT$293.72 Million | NT$57.20 Million | ▼ -1.5 pp |
| 2004 | 30.3% | NT$240.28 Million | NT$793.97 Million | NT$299.17 Million | NT$58.89 Million | — |