Yieh United Steel (9957) — Working Capital to Net Assets Ratio
Yieh United Steel (9957) has a Working Capital to Net Assets ratio of -91.4% as of June 2025. Working capital of NT$-13.68 Billion (current assets of NT$15.27 Billion minus current liabilities of NT$28.95 Billion) is measured against net assets of NT$14.96 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Yieh United Steel (9957) net asset quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Yieh United Steel Working Capital to Net Assets (2015–2024)
This chart shows how Yieh United Steel's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2015 to 2024. As of June 2025, the ratio stands at -91.4%, reflecting working capital of NT$-13.68 Billion against net assets of NT$14.96 Billion TWD. Check 9957 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Yieh United Steel (2015–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Yieh United Steel from 2015 to 2024, covering 10 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Yieh United Steel (9957) market capitalisation.
| Year | WC/NA Ratio | Working Capital (TWD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -57.2% | NT$-10.77 Billion | NT$18.84 Billion | NT$17.81 Billion | NT$28.58 Billion | ▼ -9.4 pp |
| 2023 | -47.8% | NT$-10.13 Billion | NT$21.19 Billion | NT$16.37 Billion | NT$26.49 Billion | ▼ -29.5 pp |
| 2022 | -18.2% | NT$-4.47 Billion | NT$24.48 Billion | NT$16.89 Billion | NT$21.36 Billion | ▲ +12.4 pp |
| 2021 | -30.7% | NT$-7.25 Billion | NT$23.64 Billion | NT$19.07 Billion | NT$26.31 Billion | ▲ +45.3 pp |
| 2020 | -76.0% | NT$-10.96 Billion | NT$14.43 Billion | NT$14.65 Billion | NT$25.61 Billion | ▼ -98.2 pp |
| 2019 | 22.2% | NT$11.00 Billion | NT$49.58 Billion | NT$15.18 Billion | NT$4.19 Billion | ▲ +66.6 pp |
| 2018 | -44.4% | NT$-8.52 Billion | NT$19.19 Billion | NT$15.65 Billion | NT$24.17 Billion | ▼ -17.2 pp |
| 2017 | -27.1% | NT$-5.34 Billion | NT$19.68 Billion | NT$15.33 Billion | NT$20.67 Billion | ▲ +37.6 pp |
| 2016 | -64.7% | NT$-12.05 Billion | NT$18.62 Billion | NT$13.40 Billion | NT$25.45 Billion | ▼ -17.2 pp |
| 2015 | -47.5% | NT$-8.74 Billion | NT$18.39 Billion | NT$12.99 Billion | NT$21.73 Billion | — |