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. See 002322 working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

CN¥50.00 Million
≈ $7.32 Million USD Cash + Short-term Investments

Total Assets

CN¥3.57 Billion
≈ $522.94 Million USD 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. For the complete balance sheet picture, see balance sheet size of Ningbo Ligong Online Monitoring Technolo.

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. Explore Ningbo Ligong Online Monitoring Technolo long-term investment allocation to see how much of total assets are deployed in long-term investments.

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
OKE Precision Cutting Tools Co. Ltd. A
SHG:688308
Tools & Accessories 4.48%
Zhuzhou Huarui Precision Cutting Tools Co Ltd
SHG:688059
Tools & Accessories 4.19%
Jiangsu Changling Hydraulic Co. Ltd
SHG:605389
Tools & Accessories 14.09%
Bosun Tools Co Ltd
SHE:002282
Tools & Accessories 3.33%
Ningbo Daye Garden Machinery Co Ltd
SHE:300879
Tools & Accessories 0.47%
OMER S.P.A. O.N.
F:9WR
Tools & Accessories 5.04%
Seoam Machinery Industry Co.Ltd
KQ:100660
Tools & Accessories 28.59%
Keystone Electrical (Zhejiang) Co. Ltd. A
SHE:301448
Tools & Accessories 16.03%

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
≈ $25.16 Million
CN¥3.68 Billion
≈ $538.73 Million
+2.98pp
2019-12-31 1.69% CN¥63.07 Million
≈ $9.23 Million
CN¥3.74 Billion
≈ $547.40 Million
-3.18pp
2017-12-31 4.87% CN¥170.00 Million
≈ $24.88 Million
CN¥3.49 Billion
≈ $511.28 Million
--
pp = percentage points

About Ningbo Ligong Online Monitoring Technology Co Ltd

SHE:002322 China Tools & Accessories
Market Cap
$654.12 Million
CN¥4.47 Billion CNY
Market Cap Rank
#10909 Global
#2984 in China
Share Price
CN¥11.79
Change (1 day)
-1.50%
52-Week Range
CN¥9.70 - 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