United Renewable Energy Co Ltd (3576) — Working Capital to Net Assets Ratio
United Renewable Energy Co Ltd (3576) has a Working Capital to Net Assets ratio of 23.0% as of March 2026. Working capital of NT$3.01 Billion (current assets of NT$9.49 Billion minus current liabilities of NT$6.48 Billion) is measured against net assets of NT$13.11 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 3576 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
United Renewable Energy Co Ltd Working Capital to Net Assets (2006–2025)
This chart shows how United Renewable Energy Co Ltd's Working Capital to Net Assets ratio has evolved across 20 annual periods from 2006 to 2025. As of March 2026, the ratio stands at 23.0%, reflecting working capital of NT$3.01 Billion against net assets of NT$13.11 Billion TWD. For the complete balance sheet picture, see United Renewable Energy Co Ltd (3576) total assets.
Annual Working Capital to Net Assets for United Renewable Energy Co Ltd (2006–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for United Renewable Energy Co Ltd from 2006 to 2025, covering 20 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check United Renewable Energy Co Ltd (3576) asset resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (TWD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -10.3% | NT$-1.07 Billion | NT$10.42 Billion | NT$8.02 Billion | NT$9.09 Billion | ▼ -42.4 pp |
| 2024 | 32.0% | NT$3.63 Billion | NT$11.32 Billion | NT$10.70 Billion | NT$7.07 Billion | ▲ +24.1 pp |
| 2023 | 8.0% | NT$1.05 Billion | NT$13.11 Billion | NT$10.33 Billion | NT$9.28 Billion | ▼ -36.0 pp |
| 2022 | 44.0% | NT$7.52 Billion | NT$17.10 Billion | NT$15.86 Billion | NT$8.35 Billion | ▼ -2.8 pp |
| 2021 | 46.8% | NT$7.41 Billion | NT$15.83 Billion | NT$15.39 Billion | NT$7.98 Billion | ▲ +27.8 pp |
| 2020 | 19.0% | NT$2.86 Billion | NT$15.02 Billion | NT$14.10 Billion | NT$11.24 Billion | ▼ -4.2 pp |
| 2019 | 23.2% | NT$4.98 Billion | NT$21.48 Billion | NT$17.50 Billion | NT$12.52 Billion | ▲ +17.8 pp |
| 2018 | 5.4% | NT$1.40 Billion | NT$25.81 Billion | NT$23.48 Billion | NT$22.08 Billion | ▲ +41.6 pp |
| 2017 | -36.2% | NT$-4.11 Billion | NT$11.34 Billion | NT$12.57 Billion | NT$16.68 Billion | ▼ -65.1 pp |
| 2016 | 28.9% | NT$4.82 Billion | NT$16.68 Billion | NT$17.65 Billion | NT$12.83 Billion | ▼ -3.9 pp |
| 2015 | 32.8% | NT$6.68 Billion | NT$20.36 Billion | NT$19.30 Billion | NT$12.62 Billion | ▼ -13.1 pp |
| 2014 | 45.9% | NT$9.98 Billion | NT$21.72 Billion | NT$18.96 Billion | NT$8.98 Billion | ▲ +21.5 pp |
| 2013 | 24.4% | NT$4.69 Billion | NT$19.21 Billion | NT$14.24 Billion | NT$9.54 Billion | ▲ +3.3 pp |
| 2012 | 21.1% | NT$2.34 Billion | NT$11.08 Billion | NT$9.16 Billion | NT$6.81 Billion | ▼ -0.4 pp |
| 2011 | 21.5% | NT$3.14 Billion | NT$14.56 Billion | NT$8.44 Billion | NT$5.31 Billion | ▼ -18.1 pp |
| 2010 | 39.7% | NT$5.59 Billion | NT$14.08 Billion | NT$11.32 Billion | NT$5.73 Billion | ▼ -21.4 pp |
| 2009 | 61.1% | NT$3.48 Billion | NT$5.70 Billion | NT$6.22 Billion | NT$2.74 Billion | ▼ -15.1 pp |
| 2008 | 76.2% | NT$4.20 Billion | NT$5.51 Billion | NT$5.90 Billion | NT$1.71 Billion | ▲ +46.3 pp |
| 2007 | 29.8% | NT$785.70 Million | NT$2.63 Billion | NT$2.24 Billion | NT$1.45 Billion | ▼ -3.0 pp |
| 2006 | 32.8% | NT$203.02 Million | NT$618.35 Million | NT$515.55 Million | NT$312.53 Million | — |