TOPBI International Holdings Ltd (2929) — Working Capital to Net Assets Ratio
TOPBI International Holdings Ltd (2929) has a Working Capital to Net Assets ratio of 103.1% as of December 2025. Working capital of NT$2.82 Billion (current assets of NT$3.57 Billion minus current liabilities of NT$742.34 Million) is measured against net assets of NT$2.74 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See net asset quality index of TOPBI International Holdings Ltd to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
TOPBI International Holdings Ltd Working Capital to Net Assets (2012–2025)
This chart shows how TOPBI International Holdings Ltd's Working Capital to Net Assets ratio has evolved across 14 annual periods from 2012 to 2025. As of December 2025, the ratio stands at 103.1%, reflecting working capital of NT$2.82 Billion against net assets of NT$2.74 Billion TWD. Check TOPBI International Holdings Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for TOPBI International Holdings Ltd (2012–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for TOPBI International Holdings Ltd from 2012 to 2025, covering 14 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 market value of TOPBI International Holdings Ltd.
| Year | WC/NA Ratio | Working Capital (TWD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 103.1% | NT$2.82 Billion | NT$2.74 Billion | NT$3.57 Billion | NT$742.34 Million | ▲ +0.4 pp |
| 2024 | 102.6% | NT$2.99 Billion | NT$2.91 Billion | NT$3.79 Billion | NT$794.94 Million | ▲ +0.1 pp |
| 2023 | 102.5% | NT$2.87 Billion | NT$2.80 Billion | NT$3.84 Billion | NT$971.72 Million | ▲ +3.3 pp |
| 2022 | 99.2% | NT$2.90 Billion | NT$2.92 Billion | NT$4.06 Billion | NT$1.16 Billion | ▲ +7.0 pp |
| 2021 | 92.2% | NT$2.54 Billion | NT$2.75 Billion | NT$3.63 Billion | NT$1.09 Billion | ▲ +0.5 pp |
| 2020 | 91.7% | NT$3.20 Billion | NT$3.49 Billion | NT$5.23 Billion | NT$2.03 Billion | ▼ -5.5 pp |
| 2019 | 97.2% | NT$5.51 Billion | NT$5.67 Billion | NT$7.58 Billion | NT$2.07 Billion | ▲ +3.0 pp |
| 2018 | 94.3% | NT$4.68 Billion | NT$4.97 Billion | NT$7.91 Billion | NT$3.23 Billion | ▲ +0.8 pp |
| 2017 | 93.5% | NT$4.21 Billion | NT$4.50 Billion | NT$6.70 Billion | NT$2.49 Billion | ▲ +1.4 pp |
| 2016 | 92.1% | NT$3.45 Billion | NT$3.74 Billion | NT$5.55 Billion | NT$2.11 Billion | ▲ +1.8 pp |
| 2015 | 90.3% | NT$3.18 Billion | NT$3.53 Billion | NT$4.90 Billion | NT$1.72 Billion | ▲ +5.7 pp |
| 2014 | 84.6% | NT$2.65 Billion | NT$3.13 Billion | NT$3.98 Billion | NT$1.33 Billion | ▲ +7.3 pp |
| 2013 | 77.3% | NT$1.95 Billion | NT$2.52 Billion | NT$2.99 Billion | NT$1.05 Billion | ▲ +41.6 pp |
| 2012 | 35.8% | NT$350.12 Million | NT$979.25 Million | NT$1.12 Billion | NT$765.20 Million | — |