China Times Publishing Co (8923) — Working Capital to Net Assets Ratio
China Times Publishing Co (8923) has a Working Capital to Net Assets ratio of 45.0% as of June 2025. Working capital of NT$199.61 Million (current assets of NT$573.86 Million minus current liabilities of NT$374.24 Million) is measured against net assets of NT$443.91 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial flexibility index of China Times Publishing Co to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
China Times Publishing Co Working Capital to Net Assets (2016–2024)
This chart shows how China Times Publishing Co's Working Capital to Net Assets ratio has evolved across 9 annual periods from 2016 to 2024. As of June 2025, the ratio stands at 45.0%, reflecting working capital of NT$199.61 Million against net assets of NT$443.91 Million TWD. See how many days can China Times Publishing Co fund operations to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for China Times Publishing Co (2016–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for China Times Publishing Co from 2016 to 2024, 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. For live market cap and the full company profile, see market value of China Times Publishing Co.
| Year | WC/NA Ratio | Working Capital (TWD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 45.0% | NT$204.29 Million | NT$454.44 Million | NT$574.93 Million | NT$370.65 Million | ▼ -0.4 pp |
| 2023 | 45.4% | NT$203.82 Million | NT$449.08 Million | NT$560.95 Million | NT$357.13 Million | ▼ -0.9 pp |
| 2022 | 46.3% | NT$209.52 Million | NT$452.42 Million | NT$583.94 Million | NT$374.42 Million | ▼ -1.6 pp |
| 2021 | 47.9% | NT$212.65 Million | NT$443.67 Million | NT$554.30 Million | NT$341.65 Million | ▲ +1.5 pp |
| 2020 | 46.4% | NT$203.56 Million | NT$438.80 Million | NT$525.56 Million | NT$322.00 Million | ▼ -0.6 pp |
| 2019 | 47.0% | NT$205.60 Million | NT$437.70 Million | NT$516.44 Million | NT$310.83 Million | ▼ -1.8 pp |
| 2018 | 48.8% | NT$212.90 Million | NT$436.30 Million | NT$528.30 Million | NT$315.40 Million | ▲ +1.4 pp |
| 2017 | 47.4% | NT$205.72 Million | NT$434.44 Million | NT$519.09 Million | NT$313.36 Million | ▲ +1.4 pp |
| 2016 | 46.0% | NT$201.15 Million | NT$437.52 Million | NT$483.87 Million | NT$282.72 Million | — |