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 Shin Shin Natural Gas Co Ltd leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.
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. See Shin Shin Natural Gas Co Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
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. For live market cap and the full company profile, see market value of Shin Shin Natural Gas Co Ltd.
| 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 | — |