Taiwan Pelican Express Co Ltd (2642) — Working Capital to Net Assets Ratio
Taiwan Pelican Express Co Ltd (2642) has a Working Capital to Net Assets ratio of 22.7% as of June 2026. Working capital of NT$414.38 Million (current assets of NT$1.16 Billion minus current liabilities of NT$746.66 Million) is measured against net assets of NT$1.83 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 2642 days of operational coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Taiwan Pelican Express Co Ltd Working Capital to Net Assets (2010–2025)
This chart shows how Taiwan Pelican Express Co Ltd's Working Capital to Net Assets ratio has evolved across 16 annual periods from 2010 to 2025. As of June 2026, the ratio stands at 22.7%, reflecting working capital of NT$414.38 Million against net assets of NT$1.83 Billion TWD. For the complete balance sheet picture, see Taiwan Pelican Express Co Ltd total assets.
Annual Working Capital to Net Assets for Taiwan Pelican Express Co Ltd (2010–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Taiwan Pelican Express Co Ltd from 2010 to 2025, covering 16 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 Taiwan Pelican Express Co Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (TWD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 21.7% | NT$445.80 Million | NT$2.05 Billion | NT$1.32 Billion | NT$876.22 Million | ▼ -2.3 pp |
| 2024 | 24.0% | NT$492.35 Million | NT$2.05 Billion | NT$1.42 Billion | NT$927.62 Million | ▼ -6.9 pp |
| 2023 | 30.9% | NT$688.53 Million | NT$2.23 Billion | NT$1.69 Billion | NT$996.97 Million | ▲ +0.9 pp |
| 2022 | 30.1% | NT$661.07 Million | NT$2.20 Billion | NT$1.83 Billion | NT$1.17 Billion | ▲ +3.2 pp |
| 2021 | 26.9% | NT$740.33 Million | NT$2.75 Billion | NT$1.86 Billion | NT$1.12 Billion | ▼ -10.8 pp |
| 2020 | 37.8% | NT$749.11 Million | NT$1.98 Billion | NT$1.72 Billion | NT$966.12 Million | ▼ -13.0 pp |
| 2019 | 50.7% | NT$877.47 Million | NT$1.73 Billion | NT$1.75 Billion | NT$871.70 Million | ▼ -4.8 pp |
| 2018 | 55.5% | NT$896.33 Million | NT$1.61 Billion | NT$1.64 Billion | NT$741.78 Million | ▼ -6.3 pp |
| 2017 | 61.8% | NT$1.03 Billion | NT$1.66 Billion | NT$1.79 Billion | NT$759.86 Million | ▼ -1.2 pp |
| 2016 | 63.0% | NT$1.02 Billion | NT$1.62 Billion | NT$1.63 Billion | NT$603.61 Million | ▲ +2.4 pp |
| 2015 | 60.6% | NT$983.90 Million | NT$1.62 Billion | NT$1.52 Billion | NT$536.90 Million | ▲ +3.7 pp |
| 2014 | 56.9% | NT$1.03 Billion | NT$1.81 Billion | NT$1.56 Billion | NT$532.56 Million | ▼ -10.6 pp |
| 2013 | 67.4% | NT$1.01 Billion | NT$1.50 Billion | NT$1.50 Billion | NT$488.37 Million | ▲ +21.3 pp |
| 2012 | 46.1% | NT$508.45 Million | NT$1.10 Billion | NT$1.22 Billion | NT$710.44 Million | ▲ +11.4 pp |
| 2011 | 34.8% | NT$300.77 Million | NT$865.49 Million | NT$1.01 Billion | NT$704.96 Million | ▼ -11.2 pp |
| 2010 | 45.9% | NT$298.27 Million | NT$649.15 Million | NT$936.92 Million | NT$638.65 Million | — |