In this 2017 Annual Working Capital Survey for China and Hong Kong, we analyse 5 years’ worth of company data, listed on Hong Kong Stock Exchange, Shanghai Stock Exchange and Shenzhen Stock Exchange. We divided the listed companies into 16 sectors and analysed the industry trends. We especially focus on the automotive sector as representation of underlying trends.
Given the relative slowdown of the Chinese economy, we see a clear impact on working capital performance levels across most sectors. Only 2 out of 16 sectors have shown any improvement over the last 5 years and the variability in working capital performance across the different sectors has been amplified significantly this year.
In this survey, we will share with you our further findings and views on the development and trend in the working capital management space in the China market.