HUTCHMED China Ltd (HCM) — Working Capital to Net Assets Ratio
HUTCHMED China Ltd (HCM) has a Working Capital to Net Assets ratio of 100.0% as of December 2025. Working capital of GBX1.25 Billion (current assets of GBX1.57 Billion minus current liabilities of GBX315.77 Million) is measured against net assets of GBX1.25 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how financially flexible is HUTCHMED China Ltd to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
HUTCHMED China Ltd Working Capital to Net Assets (2005–2025)
This chart shows how HUTCHMED China Ltd's Working Capital to Net Assets ratio has evolved across 21 annual periods from 2005 to 2025. As of December 2025, the ratio stands at 100.0%, reflecting working capital of GBX1.25 Billion against net assets of GBX1.25 Billion GBX. See HCM days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for HUTCHMED China Ltd (2005–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for HUTCHMED China Ltd from 2005 to 2025, covering 21 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 HUTCHMED China Ltd (HCM) total market value.
| Year | WC/NA Ratio | Working Capital (GBX) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 100.0% | GBX1.25 Billion | GBX1.25 Billion | GBX1.57 Billion | GBX315.34 Million | ▲ +10.6 pp |
| 2024 | 89.4% | GBX689.99 Million | GBX771.85 Million | GBX1.07 Billion | GBX376.56 Million | ▼ -3.9 pp |
| 2023 | 93.3% | GBX693.81 Million | GBX743.39 Million | GBX1.10 Billion | GBX403.03 Million | ▲ +17.0 pp |
| 2022 | 76.3% | GBX485.99 Million | GBX636.87 Million | GBX839.89 Million | GBX353.90 Million | ▼ -10.3 pp |
| 2021 | 86.6% | GBX900.42 Million | GBX1.04 Billion | GBX1.21 Billion | GBX311.66 Million | ▲ +14.9 pp |
| 2020 | 71.7% | GBX372.34 Million | GBX518.95 Million | GBX530.74 Million | GBX158.40 Million | ▲ +6.6 pp |
| 2019 | 65.2% | GBX203.92 Million | GBX312.90 Million | GBX317.02 Million | GBX113.10 Million | ▼ -4.0 pp |
| 2018 | 69.1% | GBX285.06 Million | GBX412.25 Million | GBX370.54 Million | GBX85.48 Million | ▲ +1.6 pp |
| 2017 | 67.6% | GBX327.60 Million | GBX484.97 Million | GBX432.19 Million | GBX104.60 Million | ▲ +32.1 pp |
| 2016 | 35.4% | GBX72.26 Million | GBX204.06 Million | GBX167.38 Million | GBX95.12 Million | ▲ +27.0 pp |
| 2015 | 8.4% | GBX8.61 Million | GBX102.28 Million | GBX89.67 Million | GBX81.06 Million | ▼ -12.4 pp |
| 2014 | 20.8% | GBX24.95 Million | GBX119.88 Million | GBX94.13 Million | GBX69.19 Million | ▲ +31.7 pp |
| 2013 | -10.9% | GBX-11.40 Million | GBX104.84 Million | GBX67.03 Million | GBX78.43 Million | ▼ -94.0 pp |
| 2012 | 83.1% | GBX69.54 Million | GBX83.65 Million | GBX150.61 Million | GBX81.07 Million | ▲ +15.7 pp |
| 2011 | 67.5% | GBX52.16 Million | GBX77.33 Million | GBX140.64 Million | GBX88.48 Million | ▲ +9.2 pp |
| 2010 | 58.3% | GBX40.11 Million | GBX68.81 Million | GBX107.76 Million | GBX67.65 Million | ▲ +13.2 pp |
| 2009 | 45.1% | GBX33.99 Million | GBX75.30 Million | GBX83.86 Million | GBX49.87 Million | ▼ -7.8 pp |
| 2008 | 52.9% | GBX44.68 Million | GBX84.43 Million | GBX77.92 Million | GBX33.24 Million | ▼ -7.0 pp |
| 2007 | 59.9% | GBX58.49 Million | GBX97.61 Million | GBX88.44 Million | GBX29.96 Million | ▼ -8.9 pp |
| 2006 | 68.9% | GBX75.73 Million | GBX109.98 Million | GBX98.80 Million | GBX23.06 Million | ▼ -148.6 pp |
| 2005 | 217.5% | GBX-60.92 Million | GBX-28.01 Million | GBX29.97 Million | GBX90.89 Million | — |