Morn Sun Feed Mill Corp (1240) — Working Capital to Net Assets Ratio
Morn Sun Feed Mill Corp (1240) has a Working Capital to Net Assets ratio of 37.7% as of March 2026. Working capital of NT$610.18 Million (current assets of NT$1.22 Billion minus current liabilities of NT$610.59 Million) is measured against net assets of NT$1.62 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how many days can Morn Sun Feed Mill Corp fund operations to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Morn Sun Feed Mill Corp Working Capital to Net Assets (2017–2025)
This chart shows how Morn Sun Feed Mill Corp's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2017 to 2025. As of March 2026, the ratio stands at 37.7%, reflecting working capital of NT$610.18 Million against net assets of NT$1.62 Billion TWD. For the complete balance sheet picture, see 1240 asset base.
Annual Working Capital to Net Assets for Morn Sun Feed Mill Corp (2017–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Morn Sun Feed Mill Corp from 2017 to 2025, covering 9 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 1240 asset resilience ratio 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 | 36.8% | NT$575.05 Million | NT$1.56 Billion | NT$1.18 Billion | NT$607.74 Million | ▼ -3.4 pp |
| 2024 | 40.1% | NT$599.81 Million | NT$1.49 Billion | NT$1.18 Billion | NT$576.70 Million | ▲ +3.9 pp |
| 2023 | 36.3% | NT$513.50 Million | NT$1.41 Billion | NT$1.25 Billion | NT$737.04 Million | ▲ +0.8 pp |
| 2022 | 35.5% | NT$467.43 Million | NT$1.32 Billion | NT$1.33 Billion | NT$864.56 Million | ▼ -0.8 pp |
| 2021 | 36.3% | NT$500.49 Million | NT$1.38 Billion | NT$1.20 Billion | NT$694.54 Million | ▲ +4.4 pp |
| 2020 | 31.8% | NT$401.27 Million | NT$1.26 Billion | NT$983.70 Million | NT$582.43 Million | ▼ -5.5 pp |
| 2019 | 37.3% | NT$382.89 Million | NT$1.03 Billion | NT$958.38 Million | NT$575.49 Million | ▼ -8.3 pp |
| 2018 | 45.6% | NT$532.76 Million | NT$1.17 Billion | NT$953.43 Million | NT$420.67 Million | ▲ +14.7 pp |
| 2017 | 30.9% | NT$284.50 Million | NT$919.69 Million | NT$909.64 Million | NT$625.14 Million | — |