Zhejiang Narada Power Source Asset Resilience Ratio

Latest as of June 2024: 3.29%

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. See 300068 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Liquid Assets

CN¥682.79 Million

≈ $99.91 Million USD Cash + Short-term Investments

Total Assets

CN¥20.77 Billion

≈ $3.04 Billion USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio of Zhejiang Narada Power Source (2009–2023)

Asset resilience ratio of Zhejiang Narada Power Source from 2009 to 2023. This chart shows how Zhejiang Narada Power Source's Asset Resilience Ratio has changed over time. Read Zhejiang Narada Power Source (300068) financial obligations for a breakdown of total debt and financial obligations.

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. For the complete balance sheet picture, see Zhejiang Narada Power Source assets under control.

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
Hayward Holdings Inc NYSE:HAYW	Electrical Equipment & Parts	3.03%
Zhuhai CosMX Battery Co Ltd SHG:688772	Electrical Equipment & Parts	3.78%
Tongling Jingd SHG:600577	Electrical Equipment & Parts	0.06%
Shandong Sacred Sun Power Sources Co Ltd SHE:002580	Electrical Equipment & Parts	0.00%
Ls Cable & System Asia Ltd KO:229640	Electrical Equipment & Parts	7.46%
Wuxi Xinhongye Wire & Cable Co. Ltd. A SHE:301310	Electrical Equipment & Parts	2.42%
Doosan Fuel Cell Co Ltd KO:336260	Electrical Equipment & Parts	6.45%
Guangzhou Haoyang Electronic Co Ltd SHE:300833	Electrical Equipment & Parts	16.94%

Zhejiang Narada Power Source Asset Resilience Ratio by Year (2009–2023)

Zhejiang Narada Power Source asset resilience ratio by year from 2009 to 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 ≈ $41.25 Million	CN¥18.20 Billion ≈ $2.66 Billion	+1.53pp
2022-12-31	0.02%	CN¥2.48 Million ≈ $362.52K	CN¥16.01 Billion ≈ $2.34 Billion	+0.01pp
2021-12-31	0.01%	CN¥914.33K ≈ $133.79K	CN¥13.83 Billion ≈ $2.02 Billion	+0.01pp
2020-12-31	0.00%	CN¥167.60K ≈ $24.53K	CN¥14.28 Billion ≈ $2.09 Billion	+0.59pp
2019-12-31	-0.59%	CN¥-77.87 Million ≈ $-11.39 Million	CN¥13.19 Billion ≈ $1.93 Billion	-4.28pp
2018-12-31	3.69%	CN¥467.31 Million ≈ $68.38 Million	CN¥12.68 Billion ≈ $1.86 Billion	+3.94pp
2017-12-31	-0.25%	CN¥-27.73 Million ≈ $-4.06 Million	CN¥10.89 Billion ≈ $1.59 Billion	+0.02pp
2016-12-31	-0.27%	CN¥-25.09 Million ≈ $-3.67 Million	CN¥9.19 Billion ≈ $1.34 Billion	-0.09pp
2015-12-31	-0.19%	CN¥-12.92 Million ≈ $-1.89 Million	CN¥6.93 Billion ≈ $1.01 Billion	-0.31pp
2014-12-31	0.13%	CN¥6.10 Million ≈ $892.27K	CN¥4.87 Billion ≈ $712.32 Million	+0.28pp
2013-12-31	-0.15%	CN¥-6.43 Million ≈ $-941.54K	CN¥4.23 Billion ≈ $619.25 Million	+0.02pp
2012-12-31	-0.17%	CN¥-6.77 Million ≈ $-990.35K	CN¥3.91 Billion ≈ $571.61 Million	+0.13pp
2009-12-31	-0.30%	CN¥-3.63 Million ≈ $-531.74K	CN¥1.19 Billion ≈ $174.49 Million	--

pp = percentage points

About Zhejiang Narada Power Source

SHE:300068 China Electrical Equipment & Parts

Market Cap

$343.11 Million

CN¥2.34 Billion CNY

Market Cap Rank

#13863 Global

#4052 in China

Share Price

CN¥2.61

Change (1 day)

+0.38%

52-Week Range

CN¥2.60 - CN¥20.71

All Time High

CN¥30.57