Gelex Group JSC (GEX) — Working Capital to Net Assets Ratio
Gelex Group JSC (GEX) has a Working Capital to Net Assets ratio of 66.4% as of March 2026. Working capital of ₫22.53 Trillion (current assets of ₫48.97 Trillion minus current liabilities of ₫26.44 Trillion) is measured against net assets of ₫33.94 Trillion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Gelex Group JSC defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Gelex Group JSC Working Capital to Net Assets (2019–2025)
This chart shows how Gelex Group JSC's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2019 to 2025. As of March 2026, the ratio stands at 66.4%, reflecting working capital of ₫22.53 Trillion against net assets of ₫33.94 Trillion VND. For the complete balance sheet picture, see how large is Gelex Group JSC's balance sheet.
Annual Working Capital to Net Assets for Gelex Group JSC (2019–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Gelex Group JSC 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 asset resilience ratio of Gelex Group JSC 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 | 58.6% | ₫17.67 Trillion | ₫30.17 Trillion | ₫39.39 Trillion | ₫21.72 Trillion | ▲ +33.1 pp |
| 2024 | 25.4% | ₫5.92 Trillion | ₫23.26 Trillion | ₫22.91 Trillion | ₫17.00 Trillion | ▲ +17.4 pp |
| 2023 | 8.0% | ₫1.71 Trillion | ₫21.22 Trillion | ₫20.30 Trillion | ₫18.59 Trillion | ▼ -3.9 pp |
| 2022 | 12.0% | ₫2.52 Trillion | ₫21.04 Trillion | ₫19.80 Trillion | ₫17.28 Trillion | ▼ -21.3 pp |
| 2021 | 33.3% | ₫6.83 Trillion | ₫20.50 Trillion | ₫29.80 Trillion | ₫22.97 Trillion | ▲ +6.1 pp |
| 2020 | 27.3% | ₫2.24 Trillion | ₫8.22 Trillion | ₫13.07 Trillion | ₫10.83 Trillion | ▲ +18.9 pp |
| 2019 | 8.4% | ₫726.97 Billion | ₫8.68 Trillion | ₫8.38 Trillion | ₫7.66 Trillion | — |