Shenzhen Properties & Resources Development Group Ltd (200011) — Working Capital to Net Assets Ratio
Shenzhen Properties & Resources Development Group Ltd (200011) has a Working Capital to Net Assets ratio of 219.0% as of March 2026. Working capital of HK$7.01 Billion (current assets of HK$14.02 Billion minus current liabilities of HK$7.01 Billion) is measured against net assets of HK$3.20 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 200011 FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Shenzhen Properties & Resources Development Group Ltd Working Capital to Net Assets (2015–2025)
This chart shows how Shenzhen Properties & Resources Development Group Ltd's Working Capital to Net Assets ratio has evolved across 11 annual periods from 2015 to 2025. As of March 2026, the ratio stands at 219.0%, reflecting working capital of HK$7.01 Billion against net assets of HK$3.20 Billion HKD. See 200011 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Shenzhen Properties & Resources Development Group Ltd (2015–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Shenzhen Properties & Resources Development Group Ltd from 2015 to 2025, covering 11 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 Shenzhen Properties & Resources Developm market capitalisation.
| Year | WC/NA Ratio | Working Capital (HKD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 217.0% | HK$7.02 Billion | HK$3.23 Billion | HK$14.44 Billion | HK$7.42 Billion | ▲ +14.6 pp |
| 2024 | 202.4% | HK$6.54 Billion | HK$3.23 Billion | HK$13.30 Billion | HK$6.76 Billion | ▲ +100.9 pp |
| 2023 | 101.5% | HK$4.77 Billion | HK$4.70 Billion | HK$15.11 Billion | HK$10.34 Billion | ▼ -37.5 pp |
| 2022 | 139.0% | HK$6.21 Billion | HK$4.47 Billion | HK$13.72 Billion | HK$7.51 Billion | ▲ +2.4 pp |
| 2021 | 136.6% | HK$6.19 Billion | HK$4.53 Billion | HK$12.52 Billion | HK$6.33 Billion | ▼ -18.5 pp |
| 2020 | 155.2% | HK$5.87 Billion | HK$3.78 Billion | HK$10.60 Billion | HK$4.73 Billion | ▲ +24.8 pp |
| 2019 | 130.3% | HK$4.26 Billion | HK$3.27 Billion | HK$9.46 Billion | HK$5.20 Billion | ▲ +54.7 pp |
| 2018 | 75.6% | HK$2.53 Billion | HK$3.34 Billion | HK$5.60 Billion | HK$3.08 Billion | ▲ +4.1 pp |
| 2017 | 71.5% | HK$2.09 Billion | HK$2.92 Billion | HK$4.51 Billion | HK$2.42 Billion | ▲ +8.4 pp |
| 2016 | 63.1% | HK$1.52 Billion | HK$2.41 Billion | HK$5.63 Billion | HK$4.11 Billion | ▼ -16.2 pp |
| 2015 | 79.3% | HK$1.67 Billion | HK$2.10 Billion | HK$3.67 Billion | HK$2.00 Billion | — |