Ningbo ZhongDa Leader Intelligent Transmission Co Ltd - Asset Resilience Ratio

Latest as of September 2023: 1.93%

Ningbo ZhongDa Leader Intelligent Transmission Co Ltd (002896) has an Asset Resilience Ratio of 1.93% 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 002896 working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

CN¥30.00 Million
≈ $4.39 Million USD Cash + Short-term Investments

Total Assets

CN¥1.56 Billion
≈ $227.88 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2017–2017)

This chart shows how Ningbo ZhongDa Leader Intelligent Transmission Co Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see 002896 current and non-current assets.

Liquid Assets Composition Over Time

This chart breaks down Ningbo ZhongDa Leader Intelligent Transmission Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read Ningbo ZhongDa Leader Intelligent Transm balance sheet liabilities 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¥30.00 Million 1.93%
Total Liquid Assets CN¥30.00 Million 1.93%

Asset Resilience Insights

  • Limited Liquidity: Ningbo ZhongDa Leader Intelligent Transmission Co Ltd maintains only 1.93% 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 ZhongDa Leader Intelligent Transmission Co Ltd Industry Peers by Asset Resilience Ratio

Compare Ningbo ZhongDa Leader Intelligent Transmission Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Vestas Wind Systems A/S
CO:VWS
Specialty Industrial Machinery 0.62%
Schindler Holding AG
SW:SCHN
Specialty Industrial Machinery 36.46%
Symbotic Inc
NASDAQ:SYM
Specialty Industrial Machinery 0.00%
Sulzer AG
SW:SUN
Specialty Industrial Machinery 0.00%
X-Energy, Inc. Class A Common Stock
NASDAQ:XE
Specialty Industrial Machinery 21.72%
Suzhou Secote Precision Electronic Co Ltd Class A
SHG:603283
Specialty Industrial Machinery 1.25%
Sandvik AB
ST:SAND
Specialty Industrial Machinery 2.92%
NARI Technology Co Ltd
SHG:600406
Specialty Industrial Machinery 16.07%

Annual Asset Resilience Ratio for Ningbo ZhongDa Leader Intelligent Transmission Co Ltd (2017–2017)

The table below shows the annual Asset Resilience Ratio data for Ningbo ZhongDa Leader Intelligent Transmission Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2017-12-31 19.20% CN¥150.00 Million
≈ $21.95 Million
CN¥781.17 Million
≈ $114.31 Million
--
pp = percentage points

About Ningbo ZhongDa Leader Intelligent Transmission Co Ltd

SHE:002896 China Specialty Industrial Machinery
Market Cap
$1.77 Billion
CN¥12.08 Billion CNY
Market Cap Rank
#6648 Global
#1355 in China
Share Price
CN¥61.46
Change (1 day)
+0.95%
52-Week Range
CN¥59.31 - CN¥97.98
All Time High
CN¥116.27
About

Ningbo ZhongDa Leader Intelligent Transmission Co., Ltd. engages in the research and development, production, sale, and service of key components in the field of power transmission and control applications in the People's Republic of China and internationally. It provides geared motors, precision reducers, reduction motors, and other core components; and motors, bevel gear motors, roller motors, … Read more