Toplus Global Co Ltd (3522) — Working Capital to Net Assets Ratio
Toplus Global Co Ltd (3522) has a Working Capital to Net Assets ratio of -109.8% as of September 2025. Working capital of NT$-519.23 Million (current assets of NT$413.08 Million minus current liabilities of NT$932.31 Million) is measured against net assets of NT$472.74 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Toplus Global Co Ltd net asset quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Toplus Global Co Ltd Working Capital to Net Assets (2015–2024)
This chart shows how Toplus Global Co Ltd's Working Capital to Net Assets ratio has evolved across 10 annual periods from 2015 to 2024. As of September 2025, the ratio stands at -109.8%, reflecting working capital of NT$-519.23 Million against net assets of NT$472.74 Million TWD. Check Toplus Global Co Ltd (3522) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Toplus Global Co Ltd (2015–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Toplus Global Co Ltd from 2015 to 2024, covering 10 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Toplus Global Co Ltd (3522) market capitalisation.
| Year | WC/NA Ratio | Working Capital (TWD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | -61.1% | NT$-380.04 Million | NT$621.53 Million | NT$518.35 Million | NT$898.38 Million | ▼ -77.3 pp |
| 2023 | 16.2% | NT$121.14 Million | NT$749.74 Million | NT$604.65 Million | NT$483.51 Million | ▲ +178.1 pp |
| 2022 | -161.9% | NT$-426.64 Million | NT$263.48 Million | NT$137.41 Million | NT$564.05 Million | ▼ -60.1 pp |
| 2021 | -101.8% | NT$-377.35 Million | NT$370.74 Million | NT$450.23 Million | NT$827.58 Million | ▼ -31.7 pp |
| 2020 | -70.1% | NT$-592.54 Million | NT$845.72 Million | NT$326.38 Million | NT$918.92 Million | ▼ -28.1 pp |
| 2019 | -41.9% | NT$-549.94 Million | NT$1.31 Billion | NT$477.86 Million | NT$1.03 Billion | ▼ -47.5 pp |
| 2018 | 5.6% | NT$81.39 Million | NT$1.46 Billion | NT$633.23 Million | NT$551.83 Million | ▲ +2.1 pp |
| 2017 | 3.5% | NT$53.75 Million | NT$1.53 Billion | NT$785.20 Million | NT$731.45 Million | ▼ -57.3 pp |
| 2016 | 60.8% | NT$764.32 Million | NT$1.26 Billion | NT$1.09 Billion | NT$322.94 Million | ▼ -14.9 pp |
| 2015 | 75.7% | NT$788.68 Million | NT$1.04 Billion | NT$1.47 Billion | NT$683.52 Million | — |