Tainet Communication System (4905) — Working Capital to Net Assets Ratio
Tainet Communication System (4905) has a Working Capital to Net Assets ratio of 22.5% as of September 2025. Working capital of NT$684.43 Million (current assets of NT$1.95 Billion minus current liabilities of NT$1.27 Billion) is measured against net assets of NT$3.04 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 4905 financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Tainet Communication System Working Capital to Net Assets (2017–2024)
This chart shows how Tainet Communication System's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2017 to 2024. As of September 2025, the ratio stands at 22.5%, reflecting working capital of NT$684.43 Million against net assets of NT$3.04 Billion TWD. See Tainet Communication System (4905) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Tainet Communication System (2017–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Tainet Communication System from 2017 to 2024, covering 8 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 4905 market cap.
| Year | WC/NA Ratio | Working Capital (TWD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 27.7% | NT$840.49 Million | NT$3.04 Billion | NT$2.05 Billion | NT$1.21 Billion | ▼ -5.1 pp |
| 2023 | 32.7% | NT$925.07 Million | NT$2.83 Billion | NT$1.60 Billion | NT$670.28 Million | ▼ -25.6 pp |
| 2022 | 58.3% | NT$1.57 Billion | NT$2.68 Billion | NT$1.59 Billion | NT$27.47 Million | ▼ -2.9 pp |
| 2021 | 61.2% | NT$1.73 Billion | NT$2.82 Billion | NT$1.77 Billion | NT$46.12 Million | ▼ -23.7 pp |
| 2020 | 84.9% | NT$2.41 Billion | NT$2.84 Billion | NT$2.45 Billion | NT$40.83 Million | ▼ -2.2 pp |
| 2019 | 87.2% | NT$2.58 Billion | NT$2.96 Billion | NT$2.71 Billion | NT$127.22 Million | ▼ -2.6 pp |
| 2018 | 89.8% | NT$2.77 Billion | NT$3.08 Billion | NT$3.01 Billion | NT$236.51 Million | ▲ +50.8 pp |
| 2017 | 39.0% | NT$1.51 Billion | NT$3.86 Billion | NT$1.70 Billion | NT$198.38 Million | — |