WINSON Machinery Co Ltd (4538) — Working Capital to Net Assets Ratio
WINSON Machinery Co Ltd (4538) has a Working Capital to Net Assets ratio of 46.6% as of December 2025. Working capital of NT$407.02 Million (current assets of NT$468.08 Million minus current liabilities of NT$61.06 Million) is measured against net assets of NT$873.28 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See operational self-sufficiency of WINSON Machinery Co Ltd to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
WINSON Machinery Co Ltd Working Capital to Net Assets (2015–2025)
This chart shows how WINSON Machinery Co Ltd's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2015 to 2025. As of December 2025, the ratio stands at 46.6%, reflecting working capital of NT$407.02 Million against net assets of NT$873.28 Million TWD. For the complete balance sheet picture, see WINSON Machinery Co Ltd total assets.
Annual Working Capital to Net Assets for WINSON Machinery Co Ltd (2015–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for WINSON Machinery Co Ltd from 2015 to 2025, covering 11 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 asset resilience ratio of WINSON Machinery Co Ltd 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 | 46.6% | NT$407.02 Million | NT$873.28 Million | NT$468.08 Million | NT$61.06 Million | ▲ +5.9 pp |
| 2024 | 40.7% | NT$353.40 Million | NT$867.34 Million | NT$422.08 Million | NT$68.68 Million | ▲ +0.1 pp |
| 2023 | 40.6% | NT$357.77 Million | NT$880.36 Million | NT$458.28 Million | NT$100.51 Million | ▼ -10.0 pp |
| 2022 | 50.6% | NT$381.28 Million | NT$752.92 Million | NT$488.80 Million | NT$107.52 Million | ▲ +22.5 pp |
| 2021 | 28.1% | NT$193.79 Million | NT$689.82 Million | NT$285.40 Million | NT$91.62 Million | ▼ -1.0 pp |
| 2020 | 29.1% | NT$201.01 Million | NT$691.64 Million | NT$255.59 Million | NT$54.58 Million | ▼ -11.5 pp |
| 2019 | 40.6% | NT$313.49 Million | NT$772.45 Million | NT$315.51 Million | NT$2.02 Million | ▲ +0.8 pp |
| 2018 | 39.8% | NT$234.37 Million | NT$589.34 Million | NT$334.41 Million | NT$100.05 Million | ▲ +6.7 pp |
| 2017 | 33.1% | NT$186.88 Million | NT$564.29 Million | NT$336.28 Million | NT$149.40 Million | ▲ +5.4 pp |
| 2016 | 27.7% | NT$146.05 Million | NT$526.62 Million | NT$233.87 Million | NT$87.82 Million | ▼ -2.5 pp |
| 2015 | 30.2% | NT$181.96 Million | NT$601.97 Million | NT$237.29 Million | NT$55.33 Million | — |