Forward Graphic Enterprise Co Ltd (8906) — Working Capital to Net Assets Ratio
Forward Graphic Enterprise Co Ltd (8906) has a Working Capital to Net Assets ratio of -40.6% as of June 2026. Working capital of NT$-189.25 Million (current assets of NT$188.62 Million minus current liabilities of NT$377.87 Million) is measured against net assets of NT$466.68 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See 8906 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Forward Graphic Enterprise Co Ltd Working Capital to Net Assets (2017–2025)
This chart shows how Forward Graphic Enterprise Co Ltd's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2017 to 2025. As of June 2026, the ratio stands at -40.6%, reflecting working capital of NT$-189.25 Million against net assets of NT$466.68 Million TWD. For the complete balance sheet picture, see Forward Graphic Enterprise Co Ltd (8906) total assets.
Annual Working Capital to Net Assets for Forward Graphic Enterprise Co Ltd (2017–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Forward Graphic Enterprise Co Ltd from 2017 to 2025, covering 9 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check asset resilience ratio of Forward Graphic Enterprise Co Ltd to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (TWD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -422.0% | NT$-1.99 Billion | NT$471.47 Million | NT$254.42 Million | NT$2.24 Billion | ▼ -404.2 pp |
| 2024 | -17.8% | NT$-83.71 Million | NT$470.77 Million | NT$224.26 Million | NT$307.97 Million | ▼ -32.8 pp |
| 2023 | 15.0% | NT$71.06 Million | NT$473.97 Million | NT$208.09 Million | NT$137.03 Million | ▲ +3.2 pp |
| 2022 | 11.8% | NT$42.33 Million | NT$358.39 Million | NT$142.28 Million | NT$99.95 Million | ▲ +113.0 pp |
| 2021 | -101.2% | NT$-369.37 Million | NT$364.99 Million | NT$121.20 Million | NT$490.57 Million | ▼ -16.2 pp |
| 2020 | -85.0% | NT$-309.54 Million | NT$363.96 Million | NT$108.22 Million | NT$417.76 Million | ▼ -20.8 pp |
| 2019 | -64.3% | NT$-232.16 Million | NT$361.24 Million | NT$126.55 Million | NT$358.71 Million | ▼ -50.4 pp |
| 2018 | -13.8% | NT$-48.48 Million | NT$350.44 Million | NT$105.20 Million | NT$153.68 Million | ▼ -27.4 pp |
| 2017 | 13.6% | NT$47.28 Million | NT$347.51 Million | NT$111.10 Million | NT$63.83 Million | — |