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. Read Ningbo Ligong Online Monitoring Technolo debt and liabilities for a breakdown of total debt and financial obligations.

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 Ningbo Ligong Online Monitoring Technolo net assets for net asset value and shareholders' equity analysis.

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
Bichamp Cutting Technology Hunan Co Ltd
SHE:002843
Tools & Accessories 1.21%
Ningbo Daye Garden Machinery Co Ltd
SHE:300879
Tools & Accessories 0.47%
Bosun Tools Co Ltd
SHE:002282
Tools & Accessories 4.78%
YG-1 Co. Ltd
KQ:019210
Tools & Accessories 0.05%
National Aerospace Fasteners Corp
TW:3004
Tools & Accessories 0.00%
Korea Parts & Fasteners Co.Ltd
KQ:024880
Tools & Accessories 4.08%
Chosun Welding
KO:120030
Tools & Accessories 33.04%
Global SM Tech Limited
KQ:900070
Tools & Accessories 4.93%

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
$670.77 Million
CN¥4.58 Billion CNY
Market Cap Rank
#11060 Global
#3286 in China
Share Price
CN¥12.09
Change (1 day)
-2.81%
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