Sao Mai Group Corp (ASM) — Working Capital to Net Assets Ratio

Latest as of December 2025: 58.5%

Sao Mai Group Corp (ASM) has a Working Capital to Net Assets ratio of 58.5% as of December 2025. Working capital of ₫4.81 Trillion (current assets of ₫14.16 Trillion minus current liabilities of ₫9.35 Trillion) is measured against net assets of ₫8.22 Trillion. A higher ratio indicates strong short-term liquidity financed by the equity base. See ASM defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

WC/NA Ratio

58.5%
Working Capital / Net Assets

Working Capital

₫4.81 Trillion
VND

Current Assets

₫14.16 Trillion
VND

Current Liabilities

₫9.35 Trillion
VND

Sao Mai Group Corp Working Capital to Net Assets (2019–2025)

This chart shows how Sao Mai Group Corp's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2019 to 2025. As of December 2025, the ratio stands at 58.5%, reflecting working capital of ₫4.81 Trillion against net assets of ₫8.22 Trillion VND. For the complete balance sheet picture, see how large is Sao Mai Group Corp's balance sheet.

Annual Working Capital to Net Assets for Sao Mai Group Corp (2019–2025)

The table below presents the year-by-year Working Capital to Net Assets ratio for Sao Mai Group Corp from 2019 to 2025, covering 7 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 how resilient are Sao Mai Group Corp's assets to evaluate the company's liquid asset resilience ratio.

Year WC/NA Ratio Working Capital (VND) Net Assets Current Assets Current Liabilities Change (pp)
2025 58.5% ₫4.81 Trillion ₫8.22 Trillion ₫14.16 Trillion ₫9.35 Trillion ▼ -12.4 pp
2024 70.9% ₫5.74 Trillion ₫8.09 Trillion ₫13.57 Trillion ₫7.83 Trillion ▲ +34.0 pp
2023 36.9% ₫2.89 Trillion ₫7.83 Trillion ₫11.09 Trillion ₫8.20 Trillion ▲ +15.8 pp
2022 21.1% ₫1.65 Trillion ₫7.84 Trillion ₫9.25 Trillion ₫7.60 Trillion ▼ -15.2 pp
2021 36.3% ₫2.75 Trillion ₫7.58 Trillion ₫9.28 Trillion ₫6.53 Trillion ▲ +10.2 pp
2020 26.0% ₫1.79 Trillion ₫6.87 Trillion ₫8.32 Trillion ₫6.53 Trillion ▲ +10.7 pp
2019 15.3% ₫966.34 Billion ₫6.30 Trillion ₫7.52 Trillion ₫6.55 Trillion
pp = percentage points