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 how leveraged is Gelex Group JSC's balance sheet to measure how much of total assets are equity-financed.
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. Check GEX goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
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. For live market cap and the full company profile, see market value of Gelex Group JSC.
| 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 | — |