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. Also explore 300068 asset base for the complete picture of this company's asset 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. See Zhejiang Narada Power Source (300068) net asset quality to measure how much of total assets are equity-financed.
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 market capitalisation and broader financial context, see 300068 stock market capitalisation.
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 |
|---|---|---|
|
Bloom Energy Corp
NYSE:BE |
Electrical Equipment & Parts | 55.83% |
|
China XD Electric Co Ltd
SHG:601179 |
Electrical Equipment & Parts | 1.35% |
|
Fortune Electric Co Ltd
TW:1519 |
Electrical Equipment & Parts | 1.94% |
|
Suzhou Recodeal Interconnect System Co Ltd
SHG:688800 |
Electrical Equipment & Parts | 2.88% |
|
Hayward Holdings Inc
NYSE:HAYW |
Electrical Equipment & Parts | 3.03% |
|
Zhuhai CosMX Battery Co Ltd
SHG:688772 |
Electrical Equipment & Parts | 3.78% |
|
Guangdong Mingyang Electric Co. Ltd. A
SHE:301291 |
Electrical Equipment & Parts | 4.33% |
|
Nantong Haixing Electronics Co Ltd
SHG:603115 |
Electrical Equipment & Parts | 1.71% |
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 |
-- |
About 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