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. Check Ningbo Ligong Online Monitoring Technolo (002322) strategic investment index to assess the company's strategic physical and investment asset allocation.

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. See how leveraged is Ningbo Ligong Online Monitoring Technolo's balance sheet to measure how much of total assets are equity-financed.

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. For market capitalisation and broader financial context, see Ningbo Ligong Online Monitoring Technolo stock valuation.

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
RBC Bearings Incorporated
NYSE:RBC
Tools & Accessories 2.09%
Shenzhen Vital New Material Co. Ltd.
SHE:301319
Tools & Accessories 19.32%
SF Diamond
SHE:300179
Tools & Accessories 6.82%
Asflow Co. Ltd.
KQ:159010
Tools & Accessories 3.05%
De Poan Pneumatic
TWO:1570
Tools & Accessories 35.23%
Maschinenfabrik HEID AG
VI:HED
Tools & Accessories 13.47%
Richelieu Hardware Ltd.
TO:RCH
Tools & Accessories 2.09%
Technocraft Industries (India) Limited
NSE:TIIL
Tools & Accessories 1.29%

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
$588.66 Million
CN¥4.02 Billion CNY
Market Cap Rank
#11599 Global
#3349 in China
Share Price
CN¥10.61
Change (1 day)
-1.76%
52-Week Range
CN¥10.47 - 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