Ningbo Ligong Online Monitoring Technology Co Ltd Asset Resilience Ratio

Latest as of September 2023: 1.40%

Ningbo Ligong Online Monitoring Technology Co Ltd asset resilience ratio. 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 Ningbo Ligong Online Monitoring Technolo liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

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 of Ningbo Ligong Online Monitoring Technology Co Ltd (2017–2020)

Asset resilience ratio of Ningbo Ligong Online Monitoring Technology Co Ltd from 2017 to 2020. This chart shows how Ningbo Ligong Online Monitoring Technology Co Ltd's Asset Resilience Ratio has changed over time. Read how much debt does Ningbo Ligong Online Monitoring Technolo carry for a breakdown of total debt and financial obligations.

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 the complete balance sheet picture, see 002322 total assets.

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
Jiangsu Changling Hydraulic Co. Ltd
SHG:605389
Tools & Accessories 14.09%
SF Diamond
SHE:300179
Tools & Accessories 6.82%
Shenzhen Kaizhong Precision Technology Co Ltd
SHE:002823
Tools & Accessories -1.12%
Maschinenfabrik HEID AG
VI:HED
Tools & Accessories 13.47%
Richelieu Hardware Ltd.
TO:RCH
Tools & Accessories 2.09%
Hangzhou Great Star Industrial Co Ltd
SHE:002444
Tools & Accessories 1.00%
Zhejiang XCC Group Co Ltd
SHG:603667
Tools & Accessories 0.10%
Dongguan Yiheda Automation Co. Ltd.
SHE:301029
Tools & Accessories 6.69%

Ningbo Ligong Online Monitoring Technology Co Ltd Asset Resilience Ratio by Year (2017–2020)

Ningbo Ligong Online Monitoring Technology Co Ltd asset resilience ratio by year from 2017 to 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
$696.29 Million
CN¥4.76 Billion CNY
Market Cap Rank
#10224 Global
#2612 in China
Share Price
CN¥12.55
Change (1 day)
-2.41%
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