Test Rite International Co Ltd (2908) — Working Capital to Net Assets Ratio
Test Rite International Co Ltd (2908) has a Working Capital to Net Assets ratio of 39.2% as of December 2025. Working capital of NT$3.43 Billion (current assets of NT$17.95 Billion minus current liabilities of NT$14.52 Billion) is measured against net assets of NT$8.77 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Test Rite International Co Ltd balance sheet quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Test Rite International Co Ltd Working Capital to Net Assets (2004–2025)
This chart shows how Test Rite International 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 39.2%, reflecting working capital of NT$3.43 Billion against net assets of NT$8.77 Billion TWD. Check Test Rite International Co Ltd (2908) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Test Rite International Co Ltd (2004–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Test Rite International 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 2908 stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (TWD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 39.2% | NT$3.43 Billion | NT$8.77 Billion | NT$17.95 Billion | NT$14.52 Billion | ▼ -14.2 pp |
| 2024 | 53.4% | NT$4.08 Billion | NT$7.65 Billion | NT$17.57 Billion | NT$13.49 Billion | ▲ +15.3 pp |
| 2023 | 38.1% | NT$2.59 Billion | NT$6.79 Billion | NT$15.77 Billion | NT$13.18 Billion | ▼ -1.1 pp |
| 2022 | 39.2% | NT$2.77 Billion | NT$7.08 Billion | NT$17.09 Billion | NT$14.32 Billion | ▲ +15.5 pp |
| 2021 | 23.7% | NT$1.65 Billion | NT$6.98 Billion | NT$17.62 Billion | NT$15.97 Billion | ▲ +13.4 pp |
| 2020 | 10.2% | NT$695.00 Million | NT$6.78 Billion | NT$16.26 Billion | NT$15.57 Billion | ▼ -14.0 pp |
| 2019 | 24.3% | NT$1.56 Billion | NT$6.44 Billion | NT$13.60 Billion | NT$12.04 Billion | ▲ +6.6 pp |
| 2018 | 17.7% | NT$1.31 Billion | NT$7.41 Billion | NT$13.36 Billion | NT$12.05 Billion | ▼ -3.4 pp |
| 2017 | 21.1% | NT$1.62 Billion | NT$7.67 Billion | NT$11.85 Billion | NT$10.23 Billion | ▼ -3.9 pp |
| 2016 | 25.0% | NT$1.85 Billion | NT$7.42 Billion | NT$12.66 Billion | NT$10.81 Billion | ▲ +12.5 pp |
| 2015 | 12.5% | NT$929.60 Million | NT$7.43 Billion | NT$13.02 Billion | NT$12.09 Billion | ▼ -12.3 pp |
| 2014 | 24.8% | NT$1.83 Billion | NT$7.36 Billion | NT$13.19 Billion | NT$11.37 Billion | ▲ +7.0 pp |
| 2013 | 17.8% | NT$1.21 Billion | NT$6.79 Billion | NT$12.01 Billion | NT$10.80 Billion | ▲ +5.0 pp |
| 2012 | 12.7% | NT$860.63 Million | NT$6.77 Billion | NT$10.48 Billion | NT$9.62 Billion | ▼ -4.5 pp |
| 2011 | 17.3% | NT$1.25 Billion | NT$7.23 Billion | NT$12.73 Billion | NT$11.48 Billion | ▼ -2.0 pp |
| 2010 | 19.3% | NT$1.30 Billion | NT$6.73 Billion | NT$9.88 Billion | NT$8.58 Billion | ▲ +11.4 pp |
| 2009 | 7.8% | NT$504.18 Million | NT$6.45 Billion | NT$8.97 Billion | NT$8.46 Billion | ▲ +6.5 pp |
| 2008 | 1.3% | NT$78.19 Million | NT$5.91 Billion | NT$10.20 Billion | NT$10.12 Billion | ▼ -23.1 pp |
| 2007 | 24.4% | NT$1.99 Billion | NT$8.18 Billion | NT$13.09 Billion | NT$11.09 Billion | ▲ +24.3 pp |
| 2006 | 0.1% | NT$4.85 Million | NT$8.11 Billion | NT$9.57 Billion | NT$9.56 Billion | ▼ -18.0 pp |
| 2005 | 18.0% | NT$1.26 Billion | NT$6.99 Billion | NT$9.88 Billion | NT$8.62 Billion | ▼ -36.3 pp |
| 2004 | 54.4% | NT$3.18 Billion | NT$5.85 Billion | NT$6.43 Billion | NT$3.25 Billion | — |