Phu Nhuan Jewelry JSC (PNJ) — Working Capital to Net Assets Ratio
Phu Nhuan Jewelry JSC (PNJ) has a Working Capital to Net Assets ratio of 88.4% as of December 2025. Working capital of ₫11.74 Trillion (current assets of ₫18.62 Trillion minus current liabilities of ₫6.88 Trillion) is measured against net assets of ₫13.28 Trillion. A higher ratio indicates strong short-term liquidity financed by the equity base. See operational self-sufficiency of Phu Nhuan Jewelry JSC to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Phu Nhuan Jewelry JSC Working Capital to Net Assets (2019–2025)
This chart shows how Phu Nhuan Jewelry JSC'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 88.4%, reflecting working capital of ₫11.74 Trillion against net assets of ₫13.28 Trillion VND. For the complete balance sheet picture, see PNJ asset base.
Annual Working Capital to Net Assets for Phu Nhuan Jewelry JSC (2019–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Phu Nhuan Jewelry 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 financial resilience of Phu Nhuan Jewelry 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 | 88.4% | ₫11.74 Trillion | ₫13.28 Trillion | ₫18.62 Trillion | ₫6.88 Trillion | ▲ +1.8 pp |
| 2024 | 86.6% | ₫9.75 Trillion | ₫11.26 Trillion | ₫15.69 Trillion | ₫5.94 Trillion | ▲ +1.5 pp |
| 2023 | 85.1% | ₫8.35 Trillion | ₫9.81 Trillion | ₫12.96 Trillion | ₫4.61 Trillion | ▲ +1.2 pp |
| 2022 | 83.9% | ₫7.08 Trillion | ₫8.44 Trillion | ₫11.97 Trillion | ₫4.88 Trillion | ▲ +5.2 pp |
| 2021 | 78.7% | ₫4.73 Trillion | ₫6.01 Trillion | ₫9.29 Trillion | ₫4.56 Trillion | ▲ +4.0 pp |
| 2020 | 74.6% | ₫3.91 Trillion | ₫5.24 Trillion | ₫7.14 Trillion | ₫3.23 Trillion | ▲ +2.2 pp |
| 2019 | 72.4% | ₫3.32 Trillion | ₫4.58 Trillion | ₫7.33 Trillion | ₫4.02 Trillion | — |