Zhejiang Narada Power Source
ZHEJIANG NARADA POWER SOURCE Co. , Ltd. engages in the research, development, manufacture, sale, and service of lithium-ion batteries and systems, lead-acid batteries and systems, key hydrogen energy equipment, and lithium and lead resource recycling products. The company offers batteries, battery packs, battery cabinets and software management systems, etc. for use in new power energy storage, p… Read more
Zhejiang Narada Power Source - Asset Resilience Ratio
Zhejiang Narada Power Source (300068) has an Asset Resilience Ratio of 3.29% as of June 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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2009–2023)
This chart shows how Zhejiang Narada Power Source's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Zhejiang Narada Power Source's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥682.79 Million | 3.29% |
| Total Liquid Assets | CN¥682.79 Million | 3.29% |
Asset Resilience Insights
- Limited Liquidity: Zhejiang Narada Power Source maintains only 3.29% 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.
Zhejiang Narada Power Source Industry Peers by Asset Resilience Ratio
Compare Zhejiang Narada Power Source's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
YM Tech Co. Ltd.
KQ:273640 |
Electrical Equipment & Parts | 20.34% |
|
T-Conn Precision Corporation
TWO:6833 |
Electrical Equipment & Parts | 6.41% |
|
Supercomnet Technologies Bhd
KLSE:0001 |
Electrical Equipment & Parts | 44.42% |
|
XJ Electric Co Ltd
SHE:000400 |
Electrical Equipment & Parts | 0.04% |
|
Guangdong Macro Co Ltd
SHE:000533 |
Electrical Equipment & Parts | 0.35% |
|
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580 |
Electrical Equipment & Parts | 0.00% |
|
Huagong Tech Co Ltd
SHE:000988 |
Electrical Equipment & Parts | 0.64% |
|
Hunan Valin Wire & Cable Co Ltd
SHE:001208 |
Electrical Equipment & Parts | 13.82% |
Annual Asset Resilience Ratio for Zhejiang Narada Power Source (2009–2023)
The table below shows the annual Asset Resilience Ratio data for Zhejiang Narada Power Source.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 1.55% | CN¥281.88 Million | CN¥18.20 Billion | +1.53pp |
| 2022-12-31 | 0.02% | CN¥2.48 Million | CN¥16.01 Billion | +0.01pp |
| 2021-12-31 | 0.01% | CN¥914.33K | CN¥13.83 Billion | +0.01pp |
| 2020-12-31 | 0.00% | CN¥167.60K | CN¥14.28 Billion | +0.59pp |
| 2019-12-31 | -0.59% | CN¥-77.87 Million | CN¥13.19 Billion | -4.28pp |
| 2018-12-31 | 3.69% | CN¥467.31 Million | CN¥12.68 Billion | +3.94pp |
| 2017-12-31 | -0.25% | CN¥-27.73 Million | CN¥10.89 Billion | +0.02pp |
| 2016-12-31 | -0.27% | CN¥-25.09 Million | CN¥9.19 Billion | -0.09pp |
| 2015-12-31 | -0.19% | CN¥-12.92 Million | CN¥6.93 Billion | -0.31pp |
| 2014-12-31 | 0.13% | CN¥6.10 Million | CN¥4.87 Billion | +0.28pp |
| 2013-12-31 | -0.15% | CN¥-6.43 Million | CN¥4.23 Billion | +0.02pp |
| 2012-12-31 | -0.17% | CN¥-6.77 Million | CN¥3.91 Billion | +0.13pp |
| 2009-12-31 | -0.30% | CN¥-3.63 Million | CN¥1.19 Billion | -- |