TSEC Corp (6443) — Working Capital to Net Assets Ratio
TSEC Corp (6443) has a Working Capital to Net Assets ratio of 21.4% as of September 2025. Working capital of NT$1.25 Billion (current assets of NT$2.66 Billion minus current liabilities of NT$1.41 Billion) is measured against net assets of NT$5.86 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 6443 equity financing ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
TSEC Corp Working Capital to Net Assets (2012–2024)
This chart shows how TSEC Corp's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2012 to 2024. As of September 2025, the ratio stands at 21.4%, reflecting working capital of NT$1.25 Billion against net assets of NT$5.86 Billion TWD. Check TSEC Corp tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for TSEC Corp (2012–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for TSEC Corp from 2012 to 2024, covering 13 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 TSEC Corp (6443) market capitalisation.
| Year | WC/NA Ratio | Working Capital (TWD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 28.2% | NT$1.93 Billion | NT$6.83 Billion | NT$3.24 Billion | NT$1.31 Billion | ▼ -1.8 pp |
| 2023 | 30.0% | NT$2.30 Billion | NT$7.65 Billion | NT$4.33 Billion | NT$2.03 Billion | ▲ +11.9 pp |
| 2022 | 18.1% | NT$1.12 Billion | NT$6.15 Billion | NT$4.03 Billion | NT$2.91 Billion | ▼ -2.9 pp |
| 2021 | 21.0% | NT$1.08 Billion | NT$5.13 Billion | NT$3.73 Billion | NT$2.65 Billion | ▼ -7.1 pp |
| 2020 | 28.1% | NT$1.34 Billion | NT$4.78 Billion | NT$3.45 Billion | NT$2.11 Billion | ▲ +78.4 pp |
| 2019 | -50.3% | NT$-1.62 Billion | NT$3.23 Billion | NT$1.31 Billion | NT$2.94 Billion | ▼ -7.4 pp |
| 2018 | -42.9% | NT$-1.27 Billion | NT$2.96 Billion | NT$1.23 Billion | NT$2.50 Billion | ▼ -19.5 pp |
| 2017 | -23.4% | NT$-1.01 Billion | NT$4.31 Billion | NT$2.25 Billion | NT$3.26 Billion | ▼ -14.3 pp |
| 2016 | -9.1% | NT$-424.91 Million | NT$4.67 Billion | NT$2.31 Billion | NT$2.74 Billion | ▼ -9.9 pp |
| 2015 | 0.8% | NT$29.70 Million | NT$3.73 Billion | NT$1.95 Billion | NT$1.92 Billion | ▲ +9.5 pp |
| 2014 | -8.7% | NT$-263.68 Million | NT$3.02 Billion | NT$1.38 Billion | NT$1.65 Billion | ▲ +20.2 pp |
| 2013 | -29.0% | NT$-771.30 Million | NT$2.66 Billion | NT$1.17 Billion | NT$1.94 Billion | ▼ -10.2 pp |
| 2012 | -18.8% | NT$-448.99 Million | NT$2.39 Billion | NT$788.74 Million | NT$1.24 Billion | — |