Cheng Fwa Industrial Ltd (5426) — Working Capital to Net Assets Ratio
Cheng Fwa Industrial Ltd (5426) has a Working Capital to Net Assets ratio of 43.3% as of June 2026. Working capital of NT$996.39 Million (current assets of NT$1.63 Billion minus current liabilities of NT$631.29 Million) is measured against net assets of NT$2.30 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Cheng Fwa Industrial Ltd (5426) defensive interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Cheng Fwa Industrial Ltd Working Capital to Net Assets (2017–2025)
This chart shows how Cheng Fwa Industrial Ltd's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2017 to 2025. As of June 2026, the ratio stands at 43.3%, reflecting working capital of NT$996.39 Million against net assets of NT$2.30 Billion TWD. For the complete balance sheet picture, see Cheng Fwa Industrial Ltd assets under control.
Annual Working Capital to Net Assets for Cheng Fwa Industrial Ltd (2017–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Cheng Fwa Industrial Ltd 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 asset resilience ratio of Cheng Fwa Industrial 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 | 45.6% | NT$1.03 Billion | NT$2.26 Billion | NT$1.76 Billion | NT$729.83 Million | ▼ -6.5 pp |
| 2024 | 52.1% | NT$1.19 Billion | NT$2.28 Billion | NT$1.71 Billion | NT$524.75 Million | ▲ +5.5 pp |
| 2023 | 46.6% | NT$962.93 Million | NT$2.07 Billion | NT$1.37 Billion | NT$405.91 Million | ▲ +1.4 pp |
| 2022 | 45.1% | NT$947.69 Million | NT$2.10 Billion | NT$1.69 Billion | NT$742.06 Million | ▲ +7.8 pp |
| 2021 | 37.3% | NT$708.99 Million | NT$1.90 Billion | NT$1.78 Billion | NT$1.07 Billion | ▼ -0.6 pp |
| 2020 | 37.9% | NT$757.59 Million | NT$2.00 Billion | NT$1.39 Billion | NT$631.98 Million | ▼ -2.2 pp |
| 2019 | 40.2% | NT$843.31 Million | NT$2.10 Billion | NT$1.25 Billion | NT$404.62 Million | ▼ -7.0 pp |
| 2018 | 47.2% | NT$1.09 Billion | NT$2.30 Billion | NT$1.50 Billion | NT$415.61 Million | ▼ -2.1 pp |
| 2017 | 49.3% | NT$1.08 Billion | NT$2.18 Billion | NT$1.81 Billion | NT$730.05 Million | — |