Tsingtao Brewery Company Limited (TSI) — Working Capital to Net Assets Ratio
Tsingtao Brewery Company Limited (TSI) has a Working Capital to Net Assets ratio of 30.0% as of June 2026. Working capital of €9.67 Billion (current assets of €28.70 Billion minus current liabilities of €19.03 Billion) is measured against net assets of €32.23 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Tsingtao Brewery Company Limited defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Tsingtao Brewery Company Limited Working Capital to Net Assets (2013–2025)
This chart shows how Tsingtao Brewery Company Limited's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2013 to 2025. As of June 2026, the ratio stands at 30.0%, reflecting working capital of €9.67 Billion against net assets of €32.23 Billion EUR. For the complete balance sheet picture, see how large is Tsingtao Brewery Company Limited's balance sheet.
Annual Working Capital to Net Assets for Tsingtao Brewery Company Limited (2013–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Tsingtao Brewery Company Limited from 2013 to 2025, covering 13 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 TSI financial resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 24.1% | €7.60 Billion | €31.51 Billion | €24.20 Billion | €16.60 Billion | ▼ -1.5 pp |
| 2024 | 25.7% | €7.67 Billion | €29.86 Billion | €25.19 Billion | €17.52 Billion | ▼ -19.2 pp |
| 2023 | 44.9% | €12.69 Billion | €28.25 Billion | €29.61 Billion | €16.92 Billion | ▼ -2.0 pp |
| 2022 | 46.9% | €12.33 Billion | €26.27 Billion | €32.00 Billion | €19.67 Billion | ▲ +2.0 pp |
| 2021 | 45.0% | €10.70 Billion | €23.79 Billion | €28.96 Billion | €18.26 Billion | ▲ +2.3 pp |
| 2020 | 42.7% | €9.12 Billion | €21.37 Billion | €24.63 Billion | €15.51 Billion | ▲ +4.3 pp |
| 2019 | 38.4% | €7.65 Billion | €19.91 Billion | €21.00 Billion | €13.35 Billion | ▲ +8.1 pp |
| 2018 | 30.4% | €5.67 Billion | €18.69 Billion | €17.76 Billion | €12.09 Billion | ▲ +10.0 pp |
| 2017 | 20.4% | €3.62 Billion | €17.77 Billion | €14.07 Billion | €10.45 Billion | ▲ +6.6 pp |
| 2016 | 13.8% | €2.32 Billion | €16.88 Billion | €12.61 Billion | €10.28 Billion | ▲ +0.6 pp |
| 2015 | 13.2% | €2.13 Billion | €16.17 Billion | €11.89 Billion | €9.75 Billion | ▲ +5.9 pp |
| 2014 | 7.4% | €1.12 Billion | €15.29 Billion | €10.35 Billion | €9.23 Billion | ▼ -1.0 pp |
| 2013 | 8.4% | €1.16 Billion | €13.87 Billion | €12.27 Billion | €11.11 Billion | — |