Guangdong Xianglu Tungsten Co Ltd - Asset Resilience Ratio

Latest as of September 2024: 0.01%

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 002842 current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

CN¥136.57K
≈ $19.98K USD Cash + Short-term Investments

Total Assets

CN¥2.03 Billion
≈ $296.65 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2011–2023)

This chart shows how Guangdong Xianglu Tungsten Co Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Guangdong Xianglu Tungsten Co Ltd asset portfolio.

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. Read total liabilities of Guangdong Xianglu Tungsten Co Ltd for a breakdown of total debt and financial obligations.

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
Glencore PLC
JSE:GLN
Other Industrial Metals & Mining 0.05%
SOUTH32 Ltd
AU:S32
Other Industrial Metals & Mining 12.06%
Inomin Mines Inc
V:MINE
Other Industrial Metals & Mining 0.00%
Nanning Chemical Industry Co Ltd
SHG:600301
Other Industrial Metals & Mining 0.00%
Rising Nonferrous Metals Share Co Ltd
SHG:600259
Other Industrial Metals & Mining 7.31%
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
Other Industrial Metals & Mining 20.53%
Vale Indonesia Tbk
JK:INCO
Other Industrial Metals & Mining 0.07%
RIO Tinto Ltd
AU:RIO
Other Industrial Metals & Mining 0.45%

Annual Asset Resilience Ratio for Guangdong Xianglu Tungsten Co Ltd (2011–2023)

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
--
pp = percentage points

About Guangdong Xianglu Tungsten Co Ltd

SHE:002842 China Other Industrial Metals & Mining
Market Cap
$1.70 Billion
CN¥11.59 Billion CNY
Market Cap Rank
#6814 Global
#1407 in China
Share Price
CN¥35.42
Change (1 day)
+1.29%
52-Week Range
CN¥10.14 - CN¥52.49
All Time High
CN¥52.49
About

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