An Phat Holdings JSC (APH) — Working Capital to Net Assets Ratio
An Phat Holdings JSC (APH) has a Working Capital to Net Assets ratio of 22.1% as of December 2025. Working capital of ₫1.28 Trillion (current assets of ₫4.56 Trillion minus current liabilities of ₫3.28 Trillion) is measured against net assets of ₫5.80 Trillion. A higher ratio indicates strong short-term liquidity financed by the equity base. See APH financial flexibility index to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
An Phat Holdings JSC Working Capital to Net Assets (2021–2025)
This chart shows how An Phat Holdings JSC's Working Capital to Net Assets ratio has evolved across 5 annual periods from 2021 to 2025. As of December 2025, the ratio stands at 22.1%, reflecting working capital of ₫1.28 Trillion against net assets of ₫5.80 Trillion VND. See APH defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for An Phat Holdings JSC (2021–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for An Phat Holdings JSC 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. For live market cap and the full company profile, see APH stock market capitalisation.
| Year | WC/NA Ratio | Working Capital (VND) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 22.1% | ₫1.28 Trillion | ₫5.80 Trillion | ₫4.56 Trillion | ₫3.28 Trillion | ▼ -17.1 pp |
| 2024 | 39.2% | ₫2.32 Trillion | ₫5.92 Trillion | ₫6.43 Trillion | ₫4.11 Trillion | ▲ +7.8 pp |
| 2023 | 31.4% | ₫1.80 Trillion | ₫5.73 Trillion | ₫6.46 Trillion | ₫4.66 Trillion | ▼ -15.0 pp |
| 2022 | 46.4% | ₫2.90 Trillion | ₫6.26 Trillion | ₫7.14 Trillion | ₫4.24 Trillion | ▲ +4.6 pp |
| 2021 | 41.8% | ₫2.49 Trillion | ₫5.94 Trillion | ₫6.65 Trillion | ₫4.17 Trillion | — |