Hoasen Group (HSG) — Working Capital to Net Assets Ratio
Hoasen Group (HSG) has a Working Capital to Net Assets ratio of 24.3% as of June 2026. Working capital of ₫2.88 Trillion (current assets of ₫13.21 Trillion minus current liabilities of ₫10.32 Trillion) is measured against net assets of ₫11.87 Trillion. A higher ratio indicates strong short-term liquidity financed by the equity base. See defensive interval ratio of Hoasen Group to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Hoasen Group Working Capital to Net Assets (2019–2025)
This chart shows how Hoasen Group's Working Capital to Net Assets ratio has evolved across 7 annual periods from 2019 to 2025. As of June 2026, the ratio stands at 24.3%, reflecting working capital of ₫2.88 Trillion against net assets of ₫11.87 Trillion VND. For the complete balance sheet picture, see balance sheet size of Hoasen Group.
Annual Working Capital to Net Assets for Hoasen Group (2019–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Hoasen Group 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 HSG asset resilience ratio 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 | 36.3% | ₫4.12 Trillion | ₫11.34 Trillion | ₫11.72 Trillion | ₫7.60 Trillion | ▼ -14.4 pp |
| 2024 | 50.7% | ₫5.53 Trillion | ₫10.91 Trillion | ₫14.16 Trillion | ₫8.63 Trillion | ▲ +7.0 pp |
| 2023 | 43.7% | ₫4.71 Trillion | ₫10.78 Trillion | ₫11.27 Trillion | ₫6.57 Trillion | ▲ +8.5 pp |
| 2022 | 35.2% | ₫3.83 Trillion | ₫10.88 Trillion | ₫9.83 Trillion | ₫6.01 Trillion | ▼ -4.4 pp |
| 2021 | 39.5% | ₫4.28 Trillion | ₫10.83 Trillion | ₫18.66 Trillion | ₫14.37 Trillion | ▲ +39.1 pp |
| 2020 | 0.5% | ₫30.83 Billion | ₫6.59 Trillion | ₫9.02 Trillion | ₫8.99 Trillion | ▲ +26.3 pp |
| 2019 | -25.8% | ₫-1.41 Trillion | ₫5.47 Trillion | ₫7.36 Trillion | ₫8.77 Trillion | — |