Asia Poly Holdings Bhd (0105) — Working Capital to Net Assets Ratio
Asia Poly Holdings Bhd (0105) has a Working Capital to Net Assets ratio of 27.4% as of September 2025. Working capital of RM33.55 Million (current assets of RM80.45 Million minus current liabilities of RM46.90 Million) is measured against net assets of RM122.42 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See operational self-sufficiency of Asia Poly Holdings Bhd to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Asia Poly Holdings Bhd Working Capital to Net Assets (2015–2024)
This chart shows how Asia Poly Holdings Bhd's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2015 to 2024. As of September 2025, the ratio stands at 27.4%, reflecting working capital of RM33.55 Million against net assets of RM122.42 Million MYR. For the complete balance sheet picture, see 0105 asset base.
Annual Working Capital to Net Assets for Asia Poly Holdings Bhd (2015–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Asia Poly Holdings Bhd 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. Check how resilient are Asia Poly Holdings Bhd's assets to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 21.6% | RM26.17 Million | RM120.93 Million | RM80.68 Million | RM54.51 Million | ▼ -6.4 pp |
| 2023 | 28.1% | RM35.92 Million | RM127.89 Million | RM88.50 Million | RM52.59 Million | ▲ +0.1 pp |
| 2022 | 28.0% | RM39.64 Million | RM141.59 Million | RM95.98 Million | RM56.34 Million | ▼ -8.4 pp |
| 2021 | 36.3% | RM59.78 Million | RM164.45 Million | RM106.06 Million | RM46.28 Million | ▼ -2.2 pp |
| 2020 | 38.5% | RM55.77 Million | RM144.68 Million | RM107.64 Million | RM51.87 Million | ▲ +6.8 pp |
| 2019 | 31.7% | RM25.10 Million | RM79.12 Million | RM46.66 Million | RM21.56 Million | ▼ -10.2 pp |
| 2018 | 42.0% | RM35.40 Million | RM84.35 Million | RM56.71 Million | RM21.30 Million | ▼ -15.4 pp |
| 2017 | 57.4% | RM45.60 Million | RM79.45 Million | RM69.52 Million | RM23.92 Million | ▲ +16.2 pp |
| 2016 | 41.2% | RM24.49 Million | RM59.50 Million | RM40.04 Million | RM15.54 Million | ▲ +8.6 pp |
| 2015 | 32.5% | RM11.37 Million | RM34.93 Million | RM40.02 Million | RM28.65 Million | — |