Zhejiang Narada Power Source - Asset Resilience Ratio

Latest as of June 2024: 3.29%

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

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 Trend (2009–2023)

This chart shows how Zhejiang Narada Power Source's Asset Resilience Ratio has changed over time. Check 300068 capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.

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 Zhejiang Narada Power Source (300068) 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
STL Technology Co Ltd
TWO:4931
Electrical Equipment & Parts 0.01%
Bloom Energy Corp
NYSE:BE
Electrical Equipment & Parts 55.83%
Ningbo Ginlong Technologies Co Ltd Class A
SHE:300763
Electrical Equipment & Parts 1.26%
Hunan Changyuan Lico Co Ltd
SHG:688779
Electrical Equipment & Parts 9.38%
Wuxi Dk Electronic Materials Co Ltd
SHE:300842
Electrical Equipment & Parts 0.14%
Shanghai Zhezhong Construction Co Ltd
SHE:002346
Electrical Equipment & Parts 1.00%
Hunan Keli Motor Co Ltd
SHE:002892
Electrical Equipment & Parts 2.36%
Changzhou Zhongying Science & Technology Co. Ltd
SHE:300936
Electrical Equipment & Parts 20.39%

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
--
pp = percentage points

About Zhejiang Narada Power Source

SHE:300068 China Electrical Equipment & Parts
Market Cap
$517.95 Million
CN¥3.54 Billion CNY
Market Cap Rank
#11816 Global
#3259 in China
Share Price
CN¥3.94
Change (1 day)
-7.08%
52-Week Range
CN¥3.71 - CN¥21.02
All Time High
CN¥30.57
About

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