Sung Gang Asset Management Ltd (6240) — Working Capital to Net Assets Ratio
Sung Gang Asset Management Ltd (6240) has a Working Capital to Net Assets ratio of -51.9% as of September 2025. Working capital of NT$-195.08 Million (current assets of NT$208.63 Million minus current liabilities of NT$403.71 Million) is measured against net assets of NT$376.22 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See net asset quality index of Sung Gang Asset Management Ltd to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Sung Gang Asset Management Ltd Working Capital to Net Assets (2017–2024)
This chart shows how Sung Gang Asset Management Ltd's Working Capital to Net Assets ratio has evolved across 8 annual periods from 2017 to 2024. As of September 2025, the ratio stands at -51.9%, reflecting working capital of NT$-195.08 Million against net assets of NT$376.22 Million TWD. Check how tangible is Sung Gang Asset Management Ltd's equity to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Sung Gang Asset Management Ltd (2017–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Sung Gang Asset Management Ltd from 2017 to 2024, covering 8 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see how much is Sung Gang Asset Management Ltd worth.
| Year | WC/NA Ratio | Working Capital (TWD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -41.0% | NT$-167.75 Million | NT$409.42 Million | NT$245.11 Million | NT$412.86 Million | ▲ +2.6 pp |
| 2023 | -43.6% | NT$-172.92 Million | NT$396.66 Million | NT$235.35 Million | NT$408.27 Million | ▼ -6.0 pp |
| 2022 | -37.6% | NT$-147.68 Million | NT$392.99 Million | NT$270.27 Million | NT$417.95 Million | ▲ +40.9 pp |
| 2021 | -78.5% | NT$-270.13 Million | NT$344.25 Million | NT$135.66 Million | NT$405.79 Million | ▼ -24.0 pp |
| 2020 | -54.5% | NT$-179.04 Million | NT$328.64 Million | NT$228.82 Million | NT$407.86 Million | ▼ -29.3 pp |
| 2019 | -25.2% | NT$-83.38 Million | NT$330.66 Million | NT$342.84 Million | NT$426.22 Million | ▲ +35.3 pp |
| 2018 | -60.5% | NT$-225.36 Million | NT$372.19 Million | NT$220.64 Million | NT$446.00 Million | ▲ +20.1 pp |
| 2017 | -80.6% | NT$-216.75 Million | NT$268.81 Million | NT$270.41 Million | NT$487.16 Million | — |