| Event: | Women's 500 metres |
| Games: | 2003 Asian Winter Games |
| Venue: | Nagane Park Speed Skating Rink |
| Dates: | 2–3 February 2003 |
| Competitors: | 14 |
| Nations: | 4 |
| Gold: | Wang Manli |
| Goldnoc: | CHN |
| Silver: | Yukari Watanabe |
| Silvernoc: | JPN |
| Bronze: | Sayuri Osuga |
| Bronzenoc: | JPN |
| Prev: | 1999 |
| Next: | 2007 |
See main article: Speed skating at the 2003 Asian Winter Games. The women's 500 metres at the 2003 Asian Winter Games was held on 2 and 3 February 2003 in Hachinohe, Aomori Prefecture, Japan.
All times are Japan Standard Time
| width=220 | Date | width=50 | Time | width=100 | Event |
|---|---|---|---|---|---|
| Sunday, 2 February 2003 | 14:10 | Race 1 | |||
| Monday, 3 February 2003 | 10:00 | Race 2 |
| width=40 rowspan=2 | Rank | width=250 rowspan=2 | Athlete | Race 1 | Race 2 | width=80 rowspan=2 | Total | width=50 rowspan=2 | Notes | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| width=40 | Pair | width=80 | Time | width=40 | Pair | width=80 | Time | ||||
| 39.20 | 39.21 | 1:18.41 | |||||||||
| 39.23 | 39.57 | 1:18.80 | |||||||||
| 39.67 | 39.52 | 1:19.19 | |||||||||
| 4 | 39.93 | 39.54 | 1:19.47 | ||||||||
| 5 | 40.29 | 39.94 | 1:20.23 | ||||||||
| 6 | 39.76 | 40.69 | 1:20.45 | ||||||||
| 7 | 40.91 | 40.08 | 1:20.99 | ||||||||
| 8 | 41.18 | 40.60 | 1:21.78 | ||||||||
| 9 | 41.02 | 40.80 | 1:21.82 | ||||||||
| 10 | 41.48 | 40.97 | 1:22.45 | ||||||||
| 11 | 41.74 | 41.93 | 1:23.67 | ||||||||
| 12 | 42.35 | 42.02 | 1:24.37 | ||||||||
| 13 | 50.31 | 50.76 | 1:41.07 | ||||||||
| 14 | 50.82 | 50.52 | 1:41.34 | ||||||||