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 22.2% as of March 2026. Working capital of NT$400.09 Million (current assets of NT$1.18 Billion minus current liabilities of NT$779.79 Million) is measured against net assets of NT$1.80 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial flexibility index of Taiwan Pelican Express Co Ltd to measure the company's free cash flow as a share of total liabilities.
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 March 2026, the ratio stands at 22.2%, reflecting working capital of NT$400.09 Million against net assets of NT$1.80 Billion TWD. See Taiwan Pelican Express Co Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
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. For live market cap and the full company profile, see Taiwan Pelican Express Co Ltd market cap and net worth.
| 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 | — |