Ningbo Ligong Online Monitoring Technology Co Ltd Asset Resilience Ratio
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
Total Assets
Resilience Assessment
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 |
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About Ningbo Ligong Online Monitoring Technology Co Ltd
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