Top KingWin (WAI) Equity Ratio (2021 - 2025)

Top KingWin has disclosed Equity Ratio across 5 years of filings, most recently posting 0.91 for Q4 2025.

• Equity Ratio for Q4 2025 came in at 0.91, up 6.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 0.91 (up 6.0% YoY), and the FY2025 annual result was 0.91, up 6.0% from the prior year.
• Equity Ratio came in at 0.91 for Q4 2025 at Top KingWin, up from 0.87 in the prior quarter.
• In the past five years, Equity Ratio ranged from a high of 0.91 in Q4 2025 to a low of 0.37 in Q4 2022.
• The 5-year median for Equity Ratio is 0.75 (2023), against an average of 0.71.
• Across the five-year window, Equity Ratio retreated 22.43% in 2022 and surged 95.97% in 2023, its largest moves.
• Top KingWin's Equity Ratio stood at 0.48 in 2021, then declined by 22.43% to 0.37 in 2022, then soared by 95.97% to 0.72 in 2023, then increased by 18.73% to 0.86 in 2024, then rose by 6.0% to 0.91 in 2025.
• The last three Equity Ratio figures came in at 0.91 (Q4 2025), 0.87 (Q2 2025), and 0.86 (Q4 2024), per Business Quant data.