SHANDONG WEIGAO -H-

MU:UK2 Germany Other
Market Cap
$5.47K
€5.33K EUR
Market Cap Rank
#45994 Global
#7631 in Germany
Share Price
€0.55
Change (1 day)
+0.00%
52-Week Range
€0.55 - €0.77
All Time High
€1.03
About

SHANDONG WEIGAO -H- operates in Diversified Metals & Mining.

SHANDONG WEIGAO -H- - Asset Resilience Ratio

Latest as of December 2023: 1.02%

SHANDONG WEIGAO -H- (UK2) has an Asset Resilience Ratio of 1.02% as of December 2023. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.

Liquid Assets
€344.58 Million
Cash + Short-term Investments
Total Assets
€33.67 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2018–2023)

This chart shows how SHANDONG WEIGAO -H-'s Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down SHANDONG WEIGAO -H-'s liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents €0.00 0%
Short-term Investments €344.58 Million 1.02%
Total Liquid Assets €344.58 Million 1.02%

Asset Resilience Insights

  • Limited Liquidity: SHANDONG WEIGAO -H- maintains only 1.02% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company has significant short-term investments, indicating active treasury management.

SHANDONG WEIGAO -H- Industry Peers by Asset Resilience Ratio

Compare SHANDONG WEIGAO -H-'s asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
MANHATTAN ASSOC
BE:MHT
Other 0.00%
TV BROADCAST
MU:TBCN
Other 2.06%
FIRST CITIZENS BC A
BE:FC6A
Other 12.78%
COSTCO WHSL
MU:CTO
Other 1.77%
GOLDMAN SACHS GROUP - Dusseldorf Stock Exchang
DU:GOS
Other 1.39%
Public Service Company of New Mexico PFD 4.58%
PINK:PNMXO
Other 0.43%

Annual Asset Resilience Ratio for SHANDONG WEIGAO -H- (2018–2023)

The table below shows the annual Asset Resilience Ratio data for SHANDONG WEIGAO -H-.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 1.02% €344.58 Million €33.67 Billion -0.54pp
2022-12-31 1.56% €521.65 Million €33.40 Billion +0.14pp
2021-12-31 1.42% €435.32 Million €30.58 Billion -0.26pp
2020-12-31 1.68% €469.61 Million €27.96 Billion +0.08pp
2019-12-31 1.60% €421.88 Million €26.33 Billion +0.15pp
2018-12-31 1.46% €349.53 Million €23.99 Billion --
pp = percentage points