Guangdong Xianglu Tungsten Co Ltd Asset Resilience Ratio
Guangdong Xianglu Tungsten Co Ltd asset resilience ratio. Guangdong Xianglu Tungsten Co Ltd (002842) has an Asset Resilience Ratio of 0.01% as of September 2024. 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 defensive interval ratio of Guangdong Xianglu Tungsten Co Ltd to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Guangdong Xianglu Tungsten Co Ltd (2011–2023)
Asset resilience ratio of Guangdong Xianglu Tungsten Co Ltd from 2011 to 2023. This chart shows how Guangdong Xianglu Tungsten Co Ltd's Asset Resilience Ratio has changed over time. Read Guangdong Xianglu Tungsten Co Ltd (002842) financial obligations for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Guangdong Xianglu Tungsten 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 002842 total asset value.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥136.57K | 0.01% |
| Total Liquid Assets | CN¥136.57K | 0.01% |
Asset Resilience Insights
- Limited Liquidity: Guangdong Xianglu Tungsten Co Ltd maintains only 0.01% 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.
Guangdong Xianglu Tungsten Co Ltd Industry Peers by Asset Resilience Ratio
Compare Guangdong Xianglu Tungsten Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
REalloys Inc.
NASDAQ:ALOY |
Other Industrial Metals & Mining | 0.03% |
|
Vale S.A
BA:VALE |
Other Industrial Metals & Mining | 0.21% |
|
China Tungsten and Hightech Materials Co Ltd
SHE:000657 |
Other Industrial Metals & Mining | 0.03% |
|
MP Materials Corp
NYSE:MP |
Other Industrial Metals & Mining | 27.47% |
|
Inner Mongolia Xingye Mining Co Ltd
SHE:000426 |
Other Industrial Metals & Mining | -0.30% |
|
Baiyin Nonferrous Group Co Ltd
SHG:601212 |
Other Industrial Metals & Mining | 0.00% |
|
Chongyi Zhangyuan Tungsten Co Ltd
SHE:002378 |
Other Industrial Metals & Mining | 0.04% |
|
Shengda Mining Co Ltd
SHE:000603 |
Other Industrial Metals & Mining | 3.86% |
Guangdong Xianglu Tungsten Co Ltd Asset Resilience Ratio by Year (2011–2023)
Guangdong Xianglu Tungsten Co Ltd asset resilience ratio by year from 2011 to 2023. The table below shows the annual Asset Resilience Ratio data for Guangdong Xianglu Tungsten Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | -0.62% | CN¥-13.13 Million ≈ $-1.92 Million |
CN¥2.12 Billion ≈ $309.49 Million |
-0.64pp |
| 2021-12-31 | 0.02% | CN¥504.26K ≈ $73.79K |
CN¥2.43 Billion ≈ $354.90 Million |
-0.39pp |
| 2020-12-31 | 0.41% | CN¥10.00 Million ≈ $1.46 Million |
CN¥2.42 Billion ≈ $353.42 Million |
-0.91pp |
| 2019-12-31 | 1.32% | CN¥30.00 Million ≈ $4.39 Million |
CN¥2.27 Billion ≈ $332.65 Million |
+1.55pp |
| 2018-12-31 | -0.23% | CN¥-4.62 Million ≈ $-676.48K |
CN¥2.00 Billion ≈ $293.01 Million |
+1.26pp |
| 2017-12-31 | -1.49% | CN¥-22.58 Million ≈ $-3.30 Million |
CN¥1.52 Billion ≈ $222.30 Million |
-1.47pp |
| 2016-12-31 | -0.01% | CN¥-102.18K ≈ $-14.95K |
CN¥736.10 Million ≈ $107.71 Million |
+0.01pp |
| 2015-12-31 | -0.03% | CN¥-185.42K ≈ $-27.13K |
CN¥680.26 Million ≈ $99.54 Million |
+0.02pp |
| 2014-12-31 | -0.04% | CN¥-268.67K ≈ $-39.32K |
CN¥621.42 Million ≈ $90.93 Million |
+0.02pp |
| 2013-12-31 | -0.06% | CN¥-351.92K ≈ $-51.50K |
CN¥572.22 Million ≈ $83.73 Million |
+0.03pp |
| 2012-12-31 | -0.09% | CN¥-435.16K ≈ $-63.68K |
CN¥487.95 Million ≈ $71.40 Million |
-0.04pp |
| 2011-12-31 | -0.05% | CN¥-209.54K ≈ $-30.66K |
CN¥389.06 Million ≈ $56.93 Million |
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About Guangdong Xianglu Tungsten Co Ltd
Guangdong Xianglu Tungsten Co., Ltd. engages in the development, production, and sale of tungsten products in China and internationally. The company offers tungsten carbide powder, tungsten powders, tungsten trioxide, blue tungsten oxide, cemented carbides, tungsten wires, lanthanum tungsten bars, and lanthanum tungsten rods; and cemented carbide series. It also exports its products. The company … Read more