Ningbo Ligong Online Monitoring Technology Co Ltd

SHE:002322 China Tools & Accessories
Market Cap
$700.71 Million
CN¥5.14 Billion CNY
Market Cap Rank
#11559 Global
#2733 in China
Share Price
CN¥13.56
Change (1 day)
-4.17%
52-Week Range
CN¥11.65 - CN¥15.01
All Time High
CN¥19.28
About

Ningbo Ligong Environment And Energy Technology Co.,Ltd engages in the research and development, production, sale, and service of online monitoring equipment for electric power industry in the People's Republic of China. Its products and solutions comprises smart grid online monitoring, which cover substation monitoring, transmission class, scheduling class, and power quality class; environmental… Read more

Ningbo Ligong Online Monitoring Technology Co Ltd - Asset Resilience Ratio

Latest as of September 2023: 1.40%

Ningbo Ligong Online Monitoring Technology Co Ltd (002322) has an Asset Resilience Ratio of 1.40% as of September 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
CN¥50.00 Million
Cash + Short-term Investments
Total Assets
CN¥3.57 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2017–2020)

This chart shows how Ningbo Ligong Online Monitoring Technology Co Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Ningbo Ligong Online Monitoring Technology Co Ltd'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 CN¥0.00 0%
Short-term Investments CN¥50.00 Million 1.4%
Total Liquid Assets CN¥50.00 Million 1.40%

Asset Resilience Insights

  • Limited Liquidity: Ningbo Ligong Online Monitoring Technology Co Ltd maintains only 1.40% 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.

Ningbo Ligong Online Monitoring Technology Co Ltd Industry Peers by Asset Resilience Ratio

Compare Ningbo Ligong Online Monitoring Technology Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Cs Holdings
KO:000590
Tools & Accessories 20.70%
Shandong Tengda Fasten Tech
SHE:001379
Tools & Accessories 7.20%
Cheil Grinding
KO:001560
Tools & Accessories 0.07%
Bosun Tools Co Ltd
SHE:002282
Tools & Accessories 4.78%
Tianjin Saixiang Technology Co Ltd
SHE:002337
Tools & Accessories 7.92%
Hangzhou Great Star Industrial Co Ltd
SHE:002444
Tools & Accessories 4.81%
Guangdong Kinlong Hardware Products Co Ltd
SHE:002791
Tools & Accessories 2.74%
Shenzhen Kaizhong Precision Technology Co Ltd
SHE:002823
Tools & Accessories -1.12%

Annual Asset Resilience Ratio for Ningbo Ligong Online Monitoring Technology Co Ltd (2017–2020)

The table below shows the annual Asset Resilience Ratio data for Ningbo Ligong Online Monitoring Technology Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2020-12-31 4.67% CN¥171.95 Million CN¥3.68 Billion +2.98pp
2019-12-31 1.69% CN¥63.07 Million CN¥3.74 Billion -3.18pp
2017-12-31 4.87% CN¥170.00 Million CN¥3.49 Billion --
pp = percentage points