Hiwin Mikrosystem Corp (4576) — Working Capital to Net Assets Ratio
Hiwin Mikrosystem Corp (4576) has a Working Capital to Net Assets ratio of 34.0% as of March 2026. Working capital of NT$1.53 Billion (current assets of NT$2.99 Billion minus current liabilities of NT$1.47 Billion) is measured against net assets of NT$4.50 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 4576 financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Hiwin Mikrosystem Corp Working Capital to Net Assets (2015–2025)
This chart shows how Hiwin Mikrosystem Corp's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2015 to 2025. As of March 2026, the ratio stands at 34.0%, reflecting working capital of NT$1.53 Billion against net assets of NT$4.50 Billion TWD. See 4576 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Hiwin Mikrosystem Corp (2015–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Hiwin Mikrosystem Corp from 2015 to 2025, covering 11 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 Hiwin Mikrosystem Corp stock valuation.
| Year | WC/NA Ratio | Working Capital (TWD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 33.3% | NT$1.48 Billion | NT$4.44 Billion | NT$2.82 Billion | NT$1.34 Billion | ▲ +3.9 pp |
| 2024 | 29.4% | NT$1.22 Billion | NT$4.15 Billion | NT$2.37 Billion | NT$1.15 Billion | ▲ +3.6 pp |
| 2023 | 25.8% | NT$1.04 Billion | NT$4.02 Billion | NT$2.24 Billion | NT$1.20 Billion | ▼ -8.8 pp |
| 2022 | 34.6% | NT$1.42 Billion | NT$4.11 Billion | NT$2.45 Billion | NT$1.03 Billion | ▲ +0.8 pp |
| 2021 | 33.8% | NT$1.30 Billion | NT$3.85 Billion | NT$2.42 Billion | NT$1.12 Billion | ▲ +6.3 pp |
| 2020 | 27.5% | NT$978.72 Million | NT$3.56 Billion | NT$1.90 Billion | NT$921.93 Million | ▲ +3.2 pp |
| 2019 | 24.3% | NT$827.21 Million | NT$3.41 Billion | NT$1.81 Billion | NT$978.96 Million | ▼ -14.8 pp |
| 2018 | 39.1% | NT$1.03 Billion | NT$2.63 Billion | NT$2.07 Billion | NT$1.04 Billion | ▲ +10.6 pp |
| 2017 | 28.5% | NT$567.99 Million | NT$1.99 Billion | NT$1.58 Billion | NT$1.02 Billion | ▲ +4.4 pp |
| 2016 | 24.1% | NT$450.59 Million | NT$1.87 Billion | NT$1.26 Billion | NT$809.42 Million | ▲ +2.3 pp |
| 2015 | 21.9% | NT$404.55 Million | NT$1.85 Billion | NT$1.29 Billion | NT$881.89 Million | — |