Pioneer Motor Public Company Limited (PIMO) — Working Capital to Net Assets Ratio
Pioneer Motor Public Company Limited (PIMO) has a Working Capital to Net Assets ratio of 66.6% as of September 2025. Working capital of ฿717.75 Million (current assets of ฿920.55 Million minus current liabilities of ฿202.80 Million) is measured against net assets of ฿1.08 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See PIMO net asset quality score to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Pioneer Motor Public Company Limited Working Capital to Net Assets (2013–2024)
This chart shows how Pioneer Motor Public Company Limited's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2013 to 2024. As of September 2025, the ratio stands at 66.6%, reflecting working capital of ฿717.75 Million against net assets of ฿1.08 Billion THB. Check tangible equity quality of Pioneer Motor Public Company Limited to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Pioneer Motor Public Company Limited (2013–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Pioneer Motor Public Company Limited from 2013 to 2024, covering 12 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 PIMO market cap overview.
| Year | WC/NA Ratio | Working Capital (THB) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 66.3% | ฿731.24 Million | ฿1.10 Billion | ฿964.61 Million | ฿233.38 Million | ▲ +4.1 pp |
| 2023 | 62.3% | ฿638.53 Million | ฿1.03 Billion | ฿837.10 Million | ฿198.58 Million | ▲ +10.4 pp |
| 2022 | 51.8% | ฿431.18 Million | ฿831.89 Million | ฿665.07 Million | ฿233.89 Million | ▲ +7.1 pp |
| 2021 | 44.7% | ฿302.59 Million | ฿676.50 Million | ฿596.42 Million | ฿293.82 Million | ▼ -13.5 pp |
| 2020 | 58.2% | ฿297.78 Million | ฿511.54 Million | ฿513.48 Million | ฿215.70 Million | ▼ -0.2 pp |
| 2019 | 58.4% | ฿265.70 Million | ฿454.85 Million | ฿409.48 Million | ฿143.78 Million | ▲ +17.4 pp |
| 2018 | 41.0% | ฿131.68 Million | ฿320.86 Million | ฿246.92 Million | ฿115.23 Million | ▲ +1.4 pp |
| 2017 | 39.6% | ฿124.20 Million | ฿313.35 Million | ฿246.12 Million | ฿121.93 Million | ▼ -16.6 pp |
| 2016 | 56.2% | ฿174.28 Million | ฿310.02 Million | ฿292.17 Million | ฿117.89 Million | ▼ -1.1 pp |
| 2015 | 57.3% | ฿160.48 Million | ฿280.06 Million | ฿286.59 Million | ฿126.11 Million | ▲ +16.3 pp |
| 2014 | 41.0% | ฿80.35 Million | ฿196.10 Million | ฿229.82 Million | ฿149.47 Million | ▼ -3.8 pp |
| 2013 | 44.8% | ฿69.62 Million | ฿155.52 Million | ฿207.20 Million | ฿137.58 Million | — |