Shin Shin Natural Gas Co Ltd (9918) — Working Capital to Net Assets Ratio
Shin Shin Natural Gas Co Ltd (9918) has a Working Capital to Net Assets ratio of 30.4% as of December 2025. Working capital of NT$1.01 Billion (current assets of NT$2.04 Billion minus current liabilities of NT$1.03 Billion) is measured against net assets of NT$3.31 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 9918 days of operational coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Shin Shin Natural Gas Co Ltd Working Capital to Net Assets (2004–2025)
This chart shows how Shin Shin Natural Gas 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 30.4%, reflecting working capital of NT$1.01 Billion against net assets of NT$3.31 Billion TWD. For the complete balance sheet picture, see Shin Shin Natural Gas Co Ltd total assets.
Annual Working Capital to Net Assets for Shin Shin Natural Gas Co Ltd (2004–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Shin Shin Natural Gas 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. Check Shin Shin Natural Gas Co Ltd (9918) 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 | 30.4% | NT$1.01 Billion | NT$3.31 Billion | NT$2.04 Billion | NT$1.03 Billion | ▼ -2.8 pp |
| 2024 | 33.2% | NT$1.10 Billion | NT$3.31 Billion | NT$2.28 Billion | NT$1.18 Billion | ▼ -16.9 pp |
| 2023 | 50.1% | NT$1.59 Billion | NT$3.17 Billion | NT$2.76 Billion | NT$1.17 Billion | ▲ +6.0 pp |
| 2022 | 44.1% | NT$1.32 Billion | NT$2.99 Billion | NT$2.31 Billion | NT$988.75 Million | ▼ -5.7 pp |
| 2021 | 49.8% | NT$1.56 Billion | NT$3.13 Billion | NT$2.49 Billion | NT$930.62 Million | ▲ +3.1 pp |
| 2020 | 46.7% | NT$1.44 Billion | NT$3.07 Billion | NT$2.36 Billion | NT$924.76 Million | ▲ +3.4 pp |
| 2019 | 43.3% | NT$1.29 Billion | NT$2.99 Billion | NT$2.37 Billion | NT$1.07 Billion | ▲ +2.7 pp |
| 2018 | 40.6% | NT$1.18 Billion | NT$2.91 Billion | NT$2.15 Billion | NT$965.23 Million | ▲ +0.0 pp |
| 2017 | 40.6% | NT$1.17 Billion | NT$2.89 Billion | NT$2.13 Billion | NT$959.37 Million | ▼ -19.8 pp |
| 2016 | 60.3% | NT$1.72 Billion | NT$2.85 Billion | NT$2.60 Billion | NT$880.11 Million | ▼ -1.4 pp |
| 2015 | 61.7% | NT$1.75 Billion | NT$2.84 Billion | NT$2.58 Billion | NT$827.89 Million | ▲ +3.5 pp |
| 2014 | 58.2% | NT$1.65 Billion | NT$2.83 Billion | NT$2.39 Billion | NT$743.45 Million | ▲ +3.2 pp |
| 2013 | 55.1% | NT$1.57 Billion | NT$2.85 Billion | NT$2.39 Billion | NT$818.94 Million | ▲ +3.2 pp |
| 2012 | 51.8% | NT$1.47 Billion | NT$2.83 Billion | NT$2.18 Billion | NT$716.72 Million | ▲ +2.9 pp |
| 2011 | 48.9% | NT$1.37 Billion | NT$2.80 Billion | NT$2.12 Billion | NT$744.97 Million | ▼ -2.7 pp |
| 2010 | 51.6% | NT$1.37 Billion | NT$2.66 Billion | NT$2.07 Billion | NT$698.56 Million | ▲ +2.0 pp |
| 2009 | 49.6% | NT$1.22 Billion | NT$2.47 Billion | NT$1.89 Billion | NT$669.03 Million | ▲ +3.6 pp |
| 2008 | 46.0% | NT$1.06 Billion | NT$2.30 Billion | NT$1.78 Billion | NT$725.29 Million | ▼ -2.6 pp |
| 2007 | 48.6% | NT$1.15 Billion | NT$2.37 Billion | NT$1.88 Billion | NT$731.34 Million | ▲ +1.2 pp |
| 2006 | 47.4% | NT$1.11 Billion | NT$2.34 Billion | NT$1.81 Billion | NT$706.65 Million | ▲ +7.2 pp |
| 2005 | 40.2% | NT$864.20 Million | NT$2.15 Billion | NT$1.87 Billion | NT$1.00 Billion | ▼ -16.9 pp |
| 2004 | 57.1% | NT$1.22 Billion | NT$2.13 Billion | NT$1.59 Billion | NT$371.81 Million | — |