Kwang Ming Silk Mill Co Ltd (4420) — Working Capital to Net Assets Ratio
Kwang Ming Silk Mill Co Ltd (4420) has a Working Capital to Net Assets ratio of 18.1% as of December 2025. Working capital of NT$273.04 Million (current assets of NT$519.00 Million minus current liabilities of NT$245.96 Million) is measured against net assets of NT$1.51 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Kwang Ming Silk Mill Co Ltd free cash flow to debt ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Kwang Ming Silk Mill Co Ltd Working Capital to Net Assets (2016–2025)
This chart shows how Kwang Ming Silk Mill Co Ltd's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2016 to 2025. As of December 2025, the ratio stands at 18.1%, reflecting working capital of NT$273.04 Million against net assets of NT$1.51 Billion TWD. See how many days can Kwang Ming Silk Mill Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Kwang Ming Silk Mill Co Ltd (2016–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Kwang Ming Silk Mill Co Ltd from 2016 to 2025, covering 10 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 4420 company net worth.
| Year | WC/NA Ratio | Working Capital (TWD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 18.1% | NT$273.04 Million | NT$1.51 Billion | NT$519.00 Million | NT$245.96 Million | ▼ -10.8 pp |
| 2024 | 28.9% | NT$436.39 Million | NT$1.51 Billion | NT$684.50 Million | NT$248.11 Million | ▼ -33.9 pp |
| 2023 | 62.8% | NT$1.70 Billion | NT$2.72 Billion | NT$2.23 Billion | NT$522.40 Million | ▲ +61.2 pp |
| 2022 | 1.5% | NT$17.68 Million | NT$1.16 Billion | NT$369.58 Million | NT$351.90 Million | ▼ -18.4 pp |
| 2021 | 20.0% | NT$248.92 Million | NT$1.25 Billion | NT$468.07 Million | NT$219.15 Million | ▼ -3.2 pp |
| 2020 | 23.1% | NT$286.87 Million | NT$1.24 Billion | NT$548.71 Million | NT$261.84 Million | ▼ -7.7 pp |
| 2019 | 30.8% | NT$412.75 Million | NT$1.34 Billion | NT$543.53 Million | NT$130.78 Million | ▼ -0.6 pp |
| 2018 | 31.3% | NT$281.36 Million | NT$897.49 Million | NT$461.14 Million | NT$179.78 Million | ▲ +14.4 pp |
| 2017 | 16.9% | NT$147.38 Million | NT$870.14 Million | NT$487.53 Million | NT$340.15 Million | ▼ -17.8 pp |
| 2016 | 34.7% | NT$298.47 Million | NT$859.14 Million | NT$445.40 Million | NT$146.93 Million | — |