Bingshan Refrigeration and Heat Transfer Technologies Co Ltd (200530) — Working Capital to Net Assets Ratio
Bingshan Refrigeration and Heat Transfer Technologies Co Ltd (200530) has a Working Capital to Net Assets ratio of 36.7% as of March 2026. Working capital of HK$1.19 Billion (current assets of HK$4.78 Billion minus current liabilities of HK$3.59 Billion) is measured against net assets of HK$3.23 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See 200530 equity financing ratio to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Bingshan Refrigeration and Heat Transfer Technologies Co Ltd Working Capital to Net Assets (1993–2025)
This chart shows how Bingshan Refrigeration and Heat Transfer Technologies Co Ltd's Working Capital to Net Assets ratio has evolved across 33 annual periods from 1993 to 2025. As of March 2026, the ratio stands at 36.7%, reflecting working capital of HK$1.19 Billion against net assets of HK$3.23 Billion HKD. Check Bingshan Refrigeration and Heat Transfer (200530) tangible net worth to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Bingshan Refrigeration and Heat Transfer Technologies Co Ltd (1993–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Bingshan Refrigeration and Heat Transfer Technologies Co Ltd from 1993 to 2025, covering 33 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 200530 market cap overview.
| Year | WC/NA Ratio | Working Capital (HKD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 35.9% | HK$1.15 Billion | HK$3.21 Billion | HK$5.01 Billion | HK$3.86 Billion | ▼ -6.3 pp |
| 2024 | 42.2% | HK$1.34 Billion | HK$3.19 Billion | HK$5.09 Billion | HK$3.74 Billion | ▲ +6.7 pp |
| 2023 | 35.4% | HK$1.10 Billion | HK$3.10 Billion | HK$5.28 Billion | HK$4.18 Billion | ▼ -5.8 pp |
| 2022 | 41.2% | HK$1.26 Billion | HK$3.06 Billion | HK$4.87 Billion | HK$3.61 Billion | ▲ +21.8 pp |
| 2021 | 19.4% | HK$592.39 Million | HK$3.05 Billion | HK$2.96 Billion | HK$2.37 Billion | ▲ +2.4 pp |
| 2020 | 17.0% | HK$587.95 Million | HK$3.45 Billion | HK$2.50 Billion | HK$1.91 Billion | ▲ +3.4 pp |
| 2019 | 13.7% | HK$471.99 Million | HK$3.45 Billion | HK$2.22 Billion | HK$1.75 Billion | ▼ -6.0 pp |
| 2018 | 19.7% | HK$680.42 Million | HK$3.46 Billion | HK$2.30 Billion | HK$1.62 Billion | ▲ +6.1 pp |
| 2017 | 13.5% | HK$472.79 Million | HK$3.49 Billion | HK$2.27 Billion | HK$1.79 Billion | ▼ -7.9 pp |
| 2016 | 21.4% | HK$709.38 Million | HK$3.32 Billion | HK$2.08 Billion | HK$1.37 Billion | ▲ +17.2 pp |
| 2015 | 4.2% | HK$114.88 Million | HK$2.71 Billion | HK$1.33 Billion | HK$1.22 Billion | ▼ -15.2 pp |
| 2014 | 19.4% | HK$400.28 Million | HK$2.06 Billion | HK$1.34 Billion | HK$937.50 Million | ▼ -1.1 pp |
| 2013 | 20.5% | HK$411.50 Million | HK$2.01 Billion | HK$1.30 Billion | HK$891.66 Million | ▼ -1.9 pp |
| 2012 | 22.4% | HK$427.52 Million | HK$1.91 Billion | HK$1.38 Billion | HK$954.06 Million | ▼ -2.9 pp |
| 2011 | 25.3% | HK$466.78 Million | HK$1.85 Billion | HK$1.59 Billion | HK$1.12 Billion | ▲ +6.1 pp |
| 2010 | 19.1% | HK$347.97 Million | HK$1.82 Billion | HK$1.33 Billion | HK$983.33 Million | ▲ +0.0 pp |
| 2009 | 19.1% | HK$339.60 Million | HK$1.78 Billion | HK$1.19 Billion | HK$854.98 Million | ▲ +3.0 pp |
| 2008 | 16.1% | HK$280.40 Million | HK$1.74 Billion | HK$1.18 Billion | HK$903.18 Million | ▼ -1.7 pp |
| 2007 | 17.8% | HK$297.69 Million | HK$1.67 Billion | HK$1.07 Billion | HK$774.15 Million | ▼ -7.6 pp |
| 2006 | 25.4% | HK$400.29 Million | HK$1.57 Billion | HK$968.10 Million | HK$567.81 Million | ▼ -1.7 pp |
| 2005 | 27.1% | HK$405.21 Million | HK$1.49 Billion | HK$1.01 Billion | HK$599.84 Million | ▲ +2.0 pp |
| 2004 | 25.1% | HK$348.93 Million | HK$1.39 Billion | HK$870.19 Million | HK$521.26 Million | ▼ -7.2 pp |
| 2003 | 32.3% | HK$425.24 Million | HK$1.32 Billion | HK$984.86 Million | HK$559.62 Million | ▼ -3.2 pp |
| 2002 | 35.5% | HK$432.45 Million | HK$1.22 Billion | HK$1.01 Billion | HK$579.14 Million | ▼ -9.6 pp |
| 2001 | 45.1% | HK$524.57 Million | HK$1.16 Billion | HK$1.14 Billion | HK$610.51 Million | ▲ +14.3 pp |
| 2000 | 30.8% | HK$347.37 Million | HK$1.13 Billion | HK$985.28 Million | HK$637.91 Million | ▼ -1.2 pp |
| 1999 | 31.9% | HK$346.87 Million | HK$1.09 Billion | HK$872.64 Million | HK$525.77 Million | ▲ +0.6 pp |
| 1998 | 31.4% | HK$333.46 Million | HK$1.06 Billion | HK$804.44 Million | HK$470.98 Million | ▲ +14.0 pp |
| 1997 | 17.3% | HK$113.95 Million | HK$657.04 Million | HK$542.83 Million | HK$428.88 Million | ▲ +1.5 pp |
| 1996 | 15.8% | HK$67.10 Million | HK$424.72 Million | HK$431.97 Million | HK$364.87 Million | ▼ -3.1 pp |
| 1995 | 18.9% | HK$63.28 Million | HK$334.56 Million | HK$424.95 Million | HK$361.67 Million | ▼ -7.9 pp |
| 1994 | 26.8% | HK$75.74 Million | HK$282.76 Million | HK$393.60 Million | HK$317.86 Million | ▼ -18.6 pp |
| 1993 | 45.4% | HK$114.95 Million | HK$253.05 Million | HK$425.58 Million | HK$310.63 Million | — |