In this 2016 Annual Working Capital Survey, we analysed 5-year data (from 2011-2015) of companies listed in the China/Hong Kong market. In most sectors studied, a significant spread is found between the top and bottom performers.
PwC is of a view that the need for working capital management is urgent and is driven by both macro-economic factors such as continuous devaluation of Asian currencies, the relatively higher interest rates in the Asian markets, together with companies' internal factors such as the lack of cash awareness and targets.
In this survey, we will share with you further our findings and views on the development and trend in the working capital management space in the China/Hong Kong market.
2016 Working Capital Management China & Hong Kong Market Study