WCE Holdings Bhd (3565) — Working Capital to Net Assets Ratio
WCE Holdings Bhd (3565) has a Working Capital to Net Assets ratio of -9.2% as of September 2025. Working capital of RM-70.77 Million (current assets of RM555.84 Million minus current liabilities of RM626.61 Million) is measured against net assets of RM766.95 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See WCE Holdings Bhd (3565) net asset quality to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
WCE Holdings Bhd Working Capital to Net Assets (2014–2025)
This chart shows how WCE Holdings Bhd's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2014 to 2025. As of September 2025, the ratio stands at -9.2%, reflecting working capital of RM-70.77 Million against net assets of RM766.95 Million MYR. Check 3565 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for WCE Holdings Bhd (2014–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for WCE Holdings Bhd from 2014 to 2025, covering 13 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 3565 stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (MYR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -27.2% | RM-230.49 Million | RM846.75 Million | RM430.13 Million | RM660.62 Million | ▼ -33.7 pp |
| 2024 | 6.5% | RM58.38 Million | RM895.16 Million | RM499.68 Million | RM441.29 Million | ▼ -46.5 pp |
| 2023 | 53.0% | RM558.33 Million | RM1.05 Billion | RM969.01 Million | RM410.68 Million | ▲ +44.2 pp |
| 2022 | 8.9% | RM87.06 Million | RM980.17 Million | RM479.56 Million | RM392.50 Million | ▼ -34.8 pp |
| 2021 | 43.7% | RM471.04 Million | RM1.08 Billion | RM877.44 Million | RM406.40 Million | ▼ -0.2 pp |
| 2020 | 43.8% | RM516.81 Million | RM1.18 Billion | RM835.84 Million | RM319.03 Million | ▼ -29.3 pp |
| 2019 | 73.2% | RM512.27 Million | RM700.26 Million | RM1.05 Billion | RM538.43 Million | ▼ -62.6 pp |
| 2018 | 135.7% | RM922.61 Million | RM679.79 Million | RM1.39 Billion | RM463.92 Million | ▼ -3.9 pp |
| 2017 | 139.6% | RM957.20 Million | RM685.66 Million | RM1.25 Billion | RM288.86 Million | ▼ -19.4 pp |
| 2016 | 159.0% | RM1.10 Billion | RM693.00 Million | RM1.59 Billion | RM486.00 Million | ▲ +92.3 pp |
| 2015 | 66.8% | RM444.00 Million | RM665.00 Million | RM534.00 Million | RM90.00 Million | ▲ +127.1 pp |
| 2014 | -60.4% | RM-102.00 Million | RM169.00 Million | RM139.00 Million | RM241.00 Million | ▼ -25.4 pp |
| 2014 | -34.9% | RM-87.00 Million | RM249.00 Million | RM151.00 Million | RM238.00 Million | — |