Sinomag Technology Co Ltd - Asset Resilience Ratio

Latest as of December 2023: 0.01%

Sinomag Technology Co Ltd (300835) has an Asset Resilience Ratio of 0.01% as of December 2023. 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¥111.19K
≈ $16.27K USD Cash + Short-term Investments

Total Assets

CN¥2.12 Billion
≈ $310.35 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2020–2023)

This chart shows how Sinomag Technology Co Ltd's Asset Resilience Ratio has changed over time. Check Sinomag Technology Co Ltd strategic capital allocation to assess the company's strategic physical and investment asset allocation.

Liquid Assets Composition Over Time

This chart breaks down Sinomag Technology Co Ltd'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 300835 market cap.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥111.19K 0.01%
Total Liquid Assets CN¥111.19K 0.01%

Asset Resilience Insights

  • Limited Liquidity: Sinomag Technology Co Ltd maintains only 0.01% 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.

Sinomag Technology Co Ltd Industry Peers by Asset Resilience Ratio

Compare Sinomag Technology Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
WEG S.A.
SA:WEGE3
Electrical Equipment & Parts 2.36%
EVE Energy
SHE:300014
Electrical Equipment & Parts 3.45%
China Southern Power Grid Technology Co Ltd
SHG:688248
Electrical Equipment & Parts 22.94%
Xiamen Kehua Hengsheng
SHE:002335
Electrical Equipment & Parts 10.39%
Changshu Tianyin Electromechan
SHE:300342
Electrical Equipment & Parts 2.86%
Ningbo Sanxing Medical Electric Co Ltd
SHG:601567
Electrical Equipment & Parts 1.16%
Zhejiang HangKe Technology Co Ltd
SHG:688006
Electrical Equipment & Parts 0.05%
Shenzhen Center Power Tech Co Ltd
SHE:002733
Electrical Equipment & Parts 0.00%

Annual Asset Resilience Ratio for Sinomag Technology Co Ltd (2020–2023)

The table below shows the annual Asset Resilience Ratio data for Sinomag Technology Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 0.01% CN¥111.19K
≈ $16.27K
CN¥2.12 Billion
≈ $310.35 Million
-0.30pp
2022-12-31 0.31% CN¥5.11 Million
≈ $747.24K
CN¥1.66 Billion
≈ $242.84 Million
-4.39pp
2020-12-31 4.69% CN¥50.00 Million
≈ $7.32 Million
CN¥1.07 Billion
≈ $155.86 Million
--
pp = percentage points

About Sinomag Technology Co Ltd

SHE:300835 China Electrical Equipment & Parts
Market Cap
$3.32 Billion
CN¥22.72 Billion CNY
Market Cap Rank
#4700 Global
#830 in China
Share Price
CN¥190.50
Change (1 day)
-5.70%
52-Week Range
CN¥40.36 - CN¥253.15
All Time High
CN¥253.15
About

Sinomag Technology Co., Ltd. engages in the research and development, production, and sale of permanent ferrite magnets and soft magnetic cores and components worldwide. The company offers commutator, busbar, and microinverters. Its products are used in the automobile drives, electrification systems, and car bodies. Sinomag Technology Co., Ltd. was founded in 1998 and is headquartered in Hefei, C… Read more