Shin Hai Gas Corp (9926) — Working Capital to Net Assets Ratio
Shin Hai Gas Corp (9926) has a Working Capital to Net Assets ratio of 31.9% as of September 2025. Working capital of NT$1.33 Billion (current assets of NT$3.59 Billion minus current liabilities of NT$2.26 Billion) is measured against net assets of NT$4.18 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 9926 financial flexibility score to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Shin Hai Gas Corp Working Capital to Net Assets (2009–2024)
This chart shows how Shin Hai Gas Corp's Working Capital to Net Assets ratio has evolved across 16 annual periods from 2009 to 2024. As of September 2025, the ratio stands at 31.9%, reflecting working capital of NT$1.33 Billion against net assets of NT$4.18 Billion TWD. See operational self-sufficiency of Shin Hai Gas Corp to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Shin Hai Gas Corp (2009–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Shin Hai Gas Corp from 2009 to 2024, covering 16 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 Hai Gas Corp.
| Year | WC/NA Ratio | Working Capital (TWD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 33.3% | NT$1.37 Billion | NT$4.11 Billion | NT$3.71 Billion | NT$2.35 Billion | ▲ +1.8 pp |
| 2023 | 31.5% | NT$1.23 Billion | NT$3.90 Billion | NT$3.45 Billion | NT$2.22 Billion | ▲ +2.8 pp |
| 2022 | 28.6% | NT$1.01 Billion | NT$3.53 Billion | NT$2.97 Billion | NT$1.96 Billion | ▼ -2.7 pp |
| 2021 | 31.3% | NT$1.13 Billion | NT$3.60 Billion | NT$2.82 Billion | NT$1.70 Billion | ▼ -0.2 pp |
| 2020 | 31.5% | NT$1.03 Billion | NT$3.28 Billion | NT$2.53 Billion | NT$1.49 Billion | ▼ -7.2 pp |
| 2019 | 38.7% | NT$1.19 Billion | NT$3.09 Billion | NT$2.34 Billion | NT$1.15 Billion | ▼ -0.5 pp |
| 2018 | 39.2% | NT$1.15 Billion | NT$2.93 Billion | NT$2.16 Billion | NT$1.01 Billion | ▼ -3.8 pp |
| 2017 | 42.9% | NT$1.24 Billion | NT$2.89 Billion | NT$2.19 Billion | NT$954.11 Million | ▲ +3.7 pp |
| 2016 | 39.2% | NT$1.09 Billion | NT$2.79 Billion | NT$2.10 Billion | NT$1.01 Billion | ▼ -3.1 pp |
| 2015 | 42.4% | NT$1.15 Billion | NT$2.72 Billion | NT$2.19 Billion | NT$1.04 Billion | ▲ +5.4 pp |
| 2014 | 37.0% | NT$964.42 Million | NT$2.60 Billion | NT$2.33 Billion | NT$1.37 Billion | ▲ +1.1 pp |
| 2013 | 35.9% | NT$912.71 Million | NT$2.54 Billion | NT$1.95 Billion | NT$1.03 Billion | ▲ +0.2 pp |
| 2012 | 35.7% | NT$889.96 Million | NT$2.49 Billion | NT$1.77 Billion | NT$882.82 Million | ▲ +2.4 pp |
| 2011 | 33.3% | NT$775.53 Million | NT$2.33 Billion | NT$1.50 Billion | NT$722.67 Million | ▲ +1.1 pp |
| 2010 | 32.2% | NT$723.96 Million | NT$2.25 Billion | NT$1.43 Billion | NT$710.91 Million | ▲ +9.2 pp |
| 2009 | 23.0% | NT$472.81 Million | NT$2.05 Billion | NT$1.27 Billion | NT$792.81 Million | — |