Macauto Industrial Co Ltd (9951) — Working Capital to Net Assets Ratio
Macauto Industrial Co Ltd (9951) has a Working Capital to Net Assets ratio of 59.8% as of December 2025. Working capital of NT$2.29 Billion (current assets of NT$4.61 Billion minus current liabilities of NT$2.33 Billion) is measured against net assets of NT$3.82 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial agility of Macauto Industrial Co Ltd to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Macauto Industrial Co Ltd Working Capital to Net Assets (2005–2025)
This chart shows how Macauto Industrial Co Ltd's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2005 to 2025. As of December 2025, the ratio stands at 59.8%, reflecting working capital of NT$2.29 Billion against net assets of NT$3.82 Billion TWD. See defensive interval ratio of Macauto Industrial Co Ltd to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Macauto Industrial Co Ltd (2005–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Macauto Industrial Co Ltd from 2005 to 2025, covering 21 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 Macauto Industrial Co Ltd stock valuation.
| Year | WC/NA Ratio | Working Capital (TWD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 59.8% | NT$2.29 Billion | NT$3.82 Billion | NT$4.61 Billion | NT$2.33 Billion | ▲ +1.5 pp |
| 2024 | 58.3% | NT$2.14 Billion | NT$3.68 Billion | NT$4.20 Billion | NT$2.06 Billion | ▲ +6.2 pp |
| 2023 | 52.2% | NT$1.88 Billion | NT$3.61 Billion | NT$3.93 Billion | NT$2.05 Billion | ▼ -5.2 pp |
| 2022 | 57.4% | NT$1.94 Billion | NT$3.37 Billion | NT$3.94 Billion | NT$2.00 Billion | ▲ +1.4 pp |
| 2021 | 56.0% | NT$1.74 Billion | NT$3.11 Billion | NT$3.62 Billion | NT$1.88 Billion | ▲ +0.6 pp |
| 2020 | 55.4% | NT$1.72 Billion | NT$3.10 Billion | NT$3.54 Billion | NT$1.82 Billion | ▲ +4.1 pp |
| 2019 | 51.3% | NT$1.47 Billion | NT$2.87 Billion | NT$3.45 Billion | NT$1.98 Billion | ▲ +4.9 pp |
| 2018 | 46.4% | NT$1.24 Billion | NT$2.66 Billion | NT$3.73 Billion | NT$2.50 Billion | ▼ -18.1 pp |
| 2017 | 64.5% | NT$1.62 Billion | NT$2.51 Billion | NT$3.58 Billion | NT$1.96 Billion | ▼ -3.0 pp |
| 2016 | 67.4% | NT$1.56 Billion | NT$2.31 Billion | NT$3.05 Billion | NT$1.49 Billion | ▲ +0.4 pp |
| 2015 | 67.0% | NT$1.38 Billion | NT$2.06 Billion | NT$2.42 Billion | NT$1.05 Billion | ▲ +8.1 pp |
| 2014 | 58.9% | NT$1.07 Billion | NT$1.82 Billion | NT$2.08 Billion | NT$1.01 Billion | ▲ +16.5 pp |
| 2013 | 42.4% | NT$672.15 Million | NT$1.59 Billion | NT$1.74 Billion | NT$1.07 Billion | ▼ -3.1 pp |
| 2012 | 45.5% | NT$552.03 Million | NT$1.21 Billion | NT$1.25 Billion | NT$702.76 Million | ▼ -2.0 pp |
| 2011 | 47.4% | NT$508.37 Million | NT$1.07 Billion | NT$1.17 Billion | NT$663.84 Million | ▼ -4.3 pp |
| 2010 | 51.7% | NT$480.16 Million | NT$928.15 Million | NT$1.04 Billion | NT$561.18 Million | ▼ -29.9 pp |
| 2009 | 81.6% | NT$652.24 Million | NT$798.94 Million | NT$1.14 Billion | NT$484.27 Million | ▲ +111.1 pp |
| 2008 | -29.5% | NT$-132.70 Million | NT$450.18 Million | NT$845.25 Million | NT$977.95 Million | ▼ -58.1 pp |
| 2007 | 28.6% | NT$243.31 Million | NT$850.54 Million | NT$861.06 Million | NT$617.74 Million | ▼ -13.0 pp |
| 2006 | 41.6% | NT$317.86 Million | NT$763.41 Million | NT$789.52 Million | NT$471.67 Million | ▼ -0.2 pp |
| 2005 | 41.9% | NT$270.00 Million | NT$644.73 Million | NT$605.33 Million | NT$335.32 Million | — |