Vinh Son Song Hinh Hydropower JSC (VSH) — Working Capital to Net Assets Ratio
Vinh Son Song Hinh Hydropower JSC (VSH) has a Working Capital to Net Assets ratio of 17.3% as of March 2026. Working capital of ₫839.44 Billion (current assets of ₫1.53 Trillion minus current liabilities of ₫686.79 Billion) is measured against net assets of ₫4.86 Trillion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Vinh Son Song Hinh Hydropower JSC defensive interval ratio to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Vinh Son Song Hinh Hydropower JSC Working Capital to Net Assets (2019–2025)
This chart shows how Vinh Son Song Hinh Hydropower 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 17.3%, reflecting working capital of ₫839.44 Billion against net assets of ₫4.86 Trillion VND. For the complete balance sheet picture, see total assets of Vinh Son Song Hinh Hydropower JSC.
Annual Working Capital to Net Assets for Vinh Son Song Hinh Hydropower JSC (2019–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Vinh Son Song Hinh Hydropower 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 VSH cash and liquid asset 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 | 17.0% | ₫840.90 Billion | ₫4.95 Trillion | ₫1.27 Trillion | ₫426.84 Billion | ▲ +3.9 pp |
| 2024 | 13.1% | ₫614.49 Billion | ₫4.68 Trillion | ₫1.10 Trillion | ₫485.24 Billion | ▲ +7.3 pp |
| 2023 | 5.8% | ₫267.96 Billion | ₫4.59 Trillion | ₫1.46 Trillion | ₫1.19 Trillion | ▼ -4.2 pp |
| 2022 | 10.1% | ₫506.23 Billion | ₫5.03 Trillion | ₫1.07 Trillion | ₫567.66 Billion | ▲ +14.7 pp |
| 2021 | -4.6% | ₫-186.35 Billion | ₫4.01 Trillion | ₫691.05 Billion | ₫877.41 Billion | ▲ +25.0 pp |
| 2020 | -29.6% | ₫-987.16 Billion | ₫3.33 Trillion | ₫362.61 Billion | ₫1.35 Trillion | ▼ -13.7 pp |
| 2019 | -16.0% | ₫-502.63 Billion | ₫3.14 Trillion | ₫439.78 Billion | ₫942.41 Billion | — |