Hangzhou Steam Turbine (200771) — Working Capital to Net Assets Ratio
Hangzhou Steam Turbine (200771) has a Working Capital to Net Assets ratio of 38.8% as of June 2025. Working capital of HK$3.85 Billion (current assets of HK$9.60 Billion minus current liabilities of HK$5.75 Billion) is measured against net assets of HK$9.93 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See how financially flexible is Hangzhou Steam Turbine to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Hangzhou Steam Turbine Working Capital to Net Assets (1997–2024)
This chart shows how Hangzhou Steam Turbine's Working Capital to Net Assets ratio has evolved across 28 annual periods from 1997 to 2024. As of June 2025, the ratio stands at 38.8%, reflecting working capital of HK$3.85 Billion against net assets of HK$9.93 Billion HKD. See Hangzhou Steam Turbine (200771) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Hangzhou Steam Turbine (1997–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Hangzhou Steam Turbine from 1997 to 2024, covering 28 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 Hangzhou Steam Turbine market capitalisation.
| Year | WC/NA Ratio | Working Capital (HKD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 41.3% | HK$3.93 Billion | HK$9.52 Billion | HK$9.96 Billion | HK$6.03 Billion | ▼ -9.7 pp |
| 2023 | 51.1% | HK$4.36 Billion | HK$8.54 Billion | HK$10.29 Billion | HK$5.93 Billion | ▲ +7.5 pp |
| 2022 | 43.6% | HK$3.88 Billion | HK$8.90 Billion | HK$8.82 Billion | HK$4.94 Billion | ▲ +5.1 pp |
| 2021 | 38.5% | HK$3.21 Billion | HK$8.33 Billion | HK$9.79 Billion | HK$6.59 Billion | ▼ -0.5 pp |
| 2020 | 39.0% | HK$3.34 Billion | HK$8.55 Billion | HK$8.71 Billion | HK$5.38 Billion | ▼ -11.0 pp |
| 2019 | 50.0% | HK$3.53 Billion | HK$7.06 Billion | HK$7.92 Billion | HK$4.39 Billion | ▼ -2.0 pp |
| 2018 | 52.0% | HK$3.34 Billion | HK$6.42 Billion | HK$7.70 Billion | HK$4.36 Billion | ▼ -1.4 pp |
| 2017 | 53.4% | HK$3.32 Billion | HK$6.22 Billion | HK$7.10 Billion | HK$3.78 Billion | ▲ +8.4 pp |
| 2016 | 45.0% | HK$3.03 Billion | HK$6.75 Billion | HK$6.24 Billion | HK$3.21 Billion | ▼ -20.0 pp |
| 2015 | 65.0% | HK$2.98 Billion | HK$4.59 Billion | HK$5.95 Billion | HK$2.96 Billion | ▼ -0.8 pp |
| 2014 | 65.8% | HK$3.17 Billion | HK$4.82 Billion | HK$5.88 Billion | HK$2.71 Billion | ▲ +0.9 pp |
| 2013 | 64.9% | HK$2.99 Billion | HK$4.61 Billion | HK$6.01 Billion | HK$3.02 Billion | ▲ +0.1 pp |
| 2012 | 64.7% | HK$2.80 Billion | HK$4.33 Billion | HK$5.91 Billion | HK$3.11 Billion | ▲ +9.1 pp |
| 2011 | 55.6% | HK$2.09 Billion | HK$3.76 Billion | HK$5.03 Billion | HK$2.94 Billion | ▲ +4.1 pp |
| 2010 | 51.5% | HK$1.70 Billion | HK$3.30 Billion | HK$4.41 Billion | HK$2.71 Billion | ▼ -11.4 pp |
| 2009 | 62.9% | HK$1.72 Billion | HK$2.73 Billion | HK$3.65 Billion | HK$1.93 Billion | ▲ +13.3 pp |
| 2008 | 49.6% | HK$1.10 Billion | HK$2.21 Billion | HK$3.45 Billion | HK$2.35 Billion | ▲ +3.8 pp |
| 2007 | 45.9% | HK$780.69 Million | HK$1.70 Billion | HK$2.64 Billion | HK$1.86 Billion | ▲ +8.4 pp |
| 2006 | 37.5% | HK$496.73 Million | HK$1.33 Billion | HK$1.72 Billion | HK$1.22 Billion | ▲ +9.9 pp |
| 2005 | 27.6% | HK$249.46 Million | HK$903.54 Million | HK$1.41 Billion | HK$1.16 Billion | ▼ -10.7 pp |
| 2004 | 38.3% | HK$256.80 Million | HK$670.80 Million | HK$1.34 Billion | HK$1.08 Billion | ▼ -4.1 pp |
| 2003 | 42.4% | HK$218.09 Million | HK$514.47 Million | HK$723.21 Million | HK$505.12 Million | ▼ -11.0 pp |
| 2002 | 53.4% | HK$243.71 Million | HK$456.47 Million | HK$460.79 Million | HK$217.08 Million | ▼ -5.9 pp |
| 2001 | 59.2% | HK$262.62 Million | HK$443.27 Million | HK$436.00 Million | HK$173.38 Million | ▲ +0.2 pp |
| 2000 | 59.0% | HK$259.19 Million | HK$439.29 Million | HK$486.70 Million | HK$227.51 Million | ▼ -0.2 pp |
| 1999 | 59.2% | HK$247.74 Million | HK$418.62 Million | HK$492.77 Million | HK$245.03 Million | ▲ +5.5 pp |
| 1998 | 53.7% | HK$217.02 Million | HK$403.95 Million | HK$495.42 Million | HK$278.40 Million | ▲ +51.1 pp |
| 1997 | 2.6% | HK$4.99 Million | HK$193.00 Million | HK$266.28 Million | HK$261.30 Million | — |