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 Zhejiang Narada Power Source working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
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. For the complete balance sheet picture, see 300068 asset base.
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. Explore Zhejiang Narada Power Source (300068) investment intensity to see how much of total assets are deployed in long-term investments.
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 |
|---|---|---|
|
Wolong Electric Group Co Ltd
SHG:600580 |
Electrical Equipment & Parts | 0.55% |
|
Warom Technology Inc Co
SHG:603855 |
Electrical Equipment & Parts | 0.63% |
|
Leedarson IoT Technology Inc
SHG:605365 |
Electrical Equipment & Parts | 6.57% |
|
Ls Cable & System Asia Ltd
KO:229640 |
Electrical Equipment & Parts | 7.46% |
|
Xinya Electronic Co Ltd
SHG:605277 |
Electrical Equipment & Parts | 0.24% |
|
Sichuan Huati Lighting Tech
SHG:603679 |
Electrical Equipment & Parts | 0.06% |
|
Zhejiang Yonggui Electric Equipment Co Ltd
SHE:300351 |
Electrical Equipment & Parts | 5.25% |
|
Dongnan Electronics Co. Ltd. A
SHE:301359 |
Electrical Equipment & Parts | 23.72% |
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 ≈ $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 |
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About Zhejiang Narada Power Source
ZHEJIANG NARADA POWER SOURCE Co. , Ltd. engages in the research, development, manufacturing, sales, and service of lithium-ion batteries and systems, lead-acid batteries and systems, and lithium and lead resource recycling products. The company offers cells, modules, battery packs, battery cabinets and software management systems, etc. for use in new power storage, power frequency regulation, anc… Read more