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 24.7% as of June 2025. Working capital of €7.60 Billion (current assets of €25.23 Billion minus current liabilities of €17.63 Billion) is measured against net assets of €30.77 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See TSI equity to assets ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Tsingtao Brewery Company Limited Working Capital to Net Assets (2013–2024)
This chart shows how Tsingtao Brewery Company Limited's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2013 to 2024. As of June 2025, the ratio stands at 24.7%, reflecting working capital of €7.60 Billion against net assets of €30.77 Billion EUR. Check TSI tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Tsingtao Brewery Company Limited (2013–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Tsingtao Brewery Company Limited from 2013 to 2024, covering 12 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 TSI market cap overview.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (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 | — |