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. See Zhejiang Narada Power Source working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

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. 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
--
pp = percentage points

About Zhejiang Narada Power Source

SHE:300068 China Electrical Equipment & Parts
Market Cap
$583.68 Million
CN¥3.99 Billion CNY
Market Cap Rank
#11467 Global
#3212 in China
Share Price
CN¥4.44
Change (1 day)
-9.94%
52-Week Range
CN¥3.71 - CN¥20.71
All Time High
CN¥30.57
About

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