TSINGTAO BREWE. H ADR/5 (TSI0) — Working Capital to Net Assets Ratio
TSINGTAO BREWE. H ADR/5 (TSI0) has a Working Capital to Net Assets ratio of 33.5% as of March 2026. Working capital of €11.14 Billion (current assets of €26.93 Billion minus current liabilities of €15.79 Billion) is measured against net assets of €33.29 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See TSI0 days of operational coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
TSINGTAO BREWE. H ADR/5 Working Capital to Net Assets (2021–2025)
This chart shows how TSINGTAO BREWE. H ADR/5's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2021 to 2025. As of March 2026, the ratio stands at 33.5%, reflecting working capital of €11.14 Billion against net assets of €33.29 Billion EUR. For the complete balance sheet picture, see TSI0 total assets.
Annual Working Capital to Net Assets for TSINGTAO BREWE. H ADR/5 (2021–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for TSINGTAO BREWE. H ADR/5 from 2021 to 2025, covering 5 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 TSINGTAO BREWE. H ADR/5 (TSI0) asset 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 | — |