HD Renewable Energy Co. Ltd. (6873) — Working Capital to Net Assets Ratio
HD Renewable Energy Co. Ltd. (6873) has a Working Capital to Net Assets ratio of 48.6% as of December 2024. Working capital of NT$4.51 Billion (current assets of NT$11.04 Billion minus current liabilities of NT$6.53 Billion) is measured against net assets of NT$9.28 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 6873 equity financing ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
HD Renewable Energy Co. Ltd. Working Capital to Net Assets (2018–2024)
This chart shows how HD Renewable Energy Co. Ltd.'s Working Capital to Net Assets ratio has evolved across 7 annual periods from 2018 to 2024. As of December 2024, the ratio stands at 48.6%, reflecting working capital of NT$4.51 Billion against net assets of NT$9.28 Billion TWD. Check HD Renewable Energy Co. Ltd. (6873) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for HD Renewable Energy Co. Ltd. (2018–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for HD Renewable Energy Co. Ltd. from 2018 to 2024, covering 7 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 6873 stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (TWD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 48.6% | NT$4.51 Billion | NT$9.28 Billion | NT$11.04 Billion | NT$6.53 Billion | ▼ -47.1 pp |
| 2023 | 95.7% | NT$5.60 Billion | NT$5.85 Billion | NT$9.79 Billion | NT$4.19 Billion | ▲ +38.2 pp |
| 2022 | 57.4% | NT$1.95 Billion | NT$3.39 Billion | NT$4.39 Billion | NT$2.44 Billion | ▼ -5.5 pp |
| 2021 | 63.0% | NT$1.03 Billion | NT$1.64 Billion | NT$2.41 Billion | NT$1.38 Billion | ▲ +19.5 pp |
| 2020 | 43.5% | NT$311.88 Million | NT$717.51 Million | NT$1.30 Billion | NT$987.87 Million | ▲ +10.3 pp |
| 2019 | 33.1% | NT$207.07 Million | NT$625.21 Million | NT$639.07 Million | NT$431.99 Million | ▼ -60.9 pp |
| 2018 | 94.0% | NT$127.94 Million | NT$136.14 Million | NT$320.86 Million | NT$192.91 Million | — |