Bingshan Refrigeration and Heat Transfer Technologies Co Ltd Working Capital to Net Assets Ratio
Bingshan Refrigeration and Heat Transfer Technologies Co Ltd 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. Check 200530 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Bingshan Refrigeration and Heat Transfer Technologies Co Ltd (1993–2025)
Working capital to net assets ratio of Bingshan Refrigeration and Heat Transfer Technologies Co Ltd from 1993 to 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. See 200530 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Bingshan Refrigeration and Heat Transfer Technologies Co Ltd Working Capital to Net Assets Ratio by Year (1993–2025)
Bingshan Refrigeration and Heat Transfer Technologies Co Ltd working capital to net assets ratio by year from 1993 to 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 the complete balance sheet picture, see Bingshan Refrigeration and Heat Transfer asset portfolio.
| 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 | — |