World Fitness Services Ltd
World Gym Corporation engages in the physical fitness, sports, and sauna business in Taiwan and the United States. The company is also involved in fitness brand trademark management; and trademark licensing for fitness brands. In addition, it manages leisure sports and fitness centers; and offers sports and physical fitness related services. The company was formerly known as World Fitness Service… Read more
World Fitness Services Ltd (2762) - Total Assets
Latest total assets as of September 2025: NT$18.71 Billion TWD
Based on the latest financial reports, World Fitness Services Ltd (2762) holds total assets worth NT$18.71 Billion TWD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
World Fitness Services Ltd - Total Assets Trend (2020–2024)
This chart illustrates how World Fitness Services Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
World Fitness Services Ltd - Asset Composition Analysis
Current Asset Composition (December 2024)
World Fitness Services Ltd's total assets of NT$18.71 Billion consist of 8.1% current assets and 91.9% non-current assets.
| Asset Category | Amount (TWD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 3.3% |
| Accounts Receivable | NT$74.16 Million | 0.4% |
| Inventory | NT$21.69 Million | 0.1% |
| Property, Plant & Equipment | NT$0.00 | 0.0% |
| Intangible Assets | NT$406.82 Million | 2.3% |
| Goodwill | NT$48.91 Million | 0.3% |
Asset Composition Trend (2020–2024)
This chart illustrates how World Fitness Services Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: World Fitness Services Ltd's current assets represent 8.1% of total assets in 2024, a decrease from 10.3% in 2020.
- Cash Position: Cash and equivalents constituted 3.3% of total assets in 2024, down from 7.0% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 0.0% in 2020.
- Asset Diversification: The largest asset category is intangible assets at 2.3% of total assets.
World Fitness Services Ltd Competitors by Total Assets
Key competitors of World Fitness Services Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China Bicycle Co Holdings Ltd
SHE:000017
|
China | CN¥466.52 Million |
|
Sportsoul Co. Ltd. A
SHE:001300
|
China | CN¥1.27 Billion |
|
HL Corp Shenzhen
SHE:002105
|
China | CN¥1.61 Billion |
|
Goldlok Toys Holdings Guangdong Co Ltd
SHE:002348
|
China | CN¥715.63 Million |
|
Guangdong Qunxing Toys Joint-Stock Co Ltd
SHE:002575
|
China | CN¥929.34 Million |
|
Shanghai Yaoji Playing Card Co Ltd
SHE:002605
|
China | CN¥5.25 Billion |
|
Xiamen Comfort Science&Technology Group Co Ltd
SHE:002614
|
China | CN¥7.61 Billion |
|
Shifeng Cultural Development Co Ltd
SHE:002862
|
China | CN¥707.49 Million |
World Fitness Services Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - World Fitness Services Ltd generates 0.57x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, World Fitness Services Ltd generates $ 2.03 in net profit.
World Fitness Services Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.30 | 0.38 | 0.34 |
| Quick Ratio | 0.30 | 0.38 | 0.34 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | NT$-4.24 Billion | NT$ -3.02 Billion | NT$ -3.75 Billion |
World Fitness Services Ltd - Advanced Valuation Insights
This section examines the relationship between World Fitness Services Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 2.8% |
| Total Assets | NT$17.35 Billion |
| Market Capitalization | $22.31K USD |
Valuation Analysis
Below Book Valuation: The market values World Fitness Services Ltd's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: World Fitness Services Ltd's assets grew by 2.8% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for World Fitness Services Ltd (2020–2024)
The table below shows the annual total assets of World Fitness Services Ltd from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | NT$17.35 Billion | +2.82% |
| 2023-12-31 | NT$16.88 Billion | -4.15% |
| 2022-12-31 | NT$17.61 Billion | -1.74% |
| 2021-12-31 | NT$17.92 Billion | +4.72% |
| 2020-12-31 | NT$17.11 Billion | -- |