Hainan Meilan International Airport Company Limited (HAO) — Working Capital to Net Assets Ratio
Hainan Meilan International Airport Company Limited (HAO) has a Working Capital to Net Assets ratio of -73.3% as of December 2025. Working capital of €-2.79 Billion (current assets of €659.57 Million minus current liabilities of €3.45 Billion) is measured against net assets of €3.80 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Hainan Meilan International Airport Comp (HAO) balance sheet quality index to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Hainan Meilan International Airport Company Limited Working Capital to Net Assets (2013–2025)
This chart shows how Hainan Meilan International Airport Company Limited's Working Capital to Net Assets ratio has evolved across 13 annual periods from 2013 to 2025. As of December 2025, the ratio stands at -73.3%, reflecting working capital of €-2.79 Billion against net assets of €3.80 Billion EUR. Check HAO tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Hainan Meilan International Airport Company Limited (2013–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Hainan Meilan International Airport Company Limited from 2013 to 2025, covering 13 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 Hainan Meilan International Airport Comp market capitalisation.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -73.3% | €-2.79 Billion | €3.80 Billion | €659.57 Million | €3.45 Billion | ▲ +11.2 pp |
| 2024 | -84.5% | €-3.42 Billion | €4.05 Billion | €936.48 Million | €4.36 Billion | ▲ +49.8 pp |
| 2023 | -134.4% | €-5.69 Billion | €4.24 Billion | €704.86 Million | €6.40 Billion | ▼ -9.1 pp |
| 2022 | -125.3% | €-5.52 Billion | €4.41 Billion | €480.01 Million | €6.00 Billion | ▼ -1.2 pp |
| 2021 | -124.0% | €-5.66 Billion | €4.57 Billion | €622.58 Million | €6.29 Billion | ▲ +39.7 pp |
| 2020 | -163.7% | €-6.24 Billion | €3.81 Billion | €670.94 Million | €6.91 Billion | ▼ -103.3 pp |
| 2019 | -60.4% | €-3.11 Billion | €5.15 Billion | €2.03 Billion | €5.15 Billion | ▲ +9.1 pp |
| 2018 | -69.5% | €-3.18 Billion | €4.57 Billion | €487.01 Million | €3.66 Billion | ▼ -70.2 pp |
| 2017 | 0.7% | €28.33 Million | €4.09 Billion | €1.17 Billion | €1.14 Billion | ▲ +14.4 pp |
| 2016 | -13.7% | €-509.92 Million | €3.73 Billion | €1.27 Billion | €1.78 Billion | ▼ -8.8 pp |
| 2015 | -4.8% | €-157.24 Million | €3.25 Billion | €1.74 Billion | €1.90 Billion | ▼ -50.2 pp |
| 2014 | 45.4% | €1.31 Billion | €2.89 Billion | €2.01 Billion | €703.16 Million | ▼ -55.1 pp |
| 2013 | 100.4% | €2.68 Billion | €2.67 Billion | €3.09 Billion | €410.89 Million | — |