Zhejiang JW Precision Machinery Co.Ltd - Asset Resilience Ratio
Zhejiang JW Precision Machinery Co.Ltd (300984) has an Asset Resilience Ratio of 3.08% 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. Read Zhejiang JW Precision Machinery Co.Ltd debt and liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2019–2023)
This chart shows how Zhejiang JW Precision Machinery Co.Ltd's Asset Resilience Ratio has changed over time. See Zhejiang JW Precision Machinery Co.Ltd free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
Liquid Assets Composition Over Time
This chart breaks down Zhejiang JW Precision Machinery Co.Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For the complete balance sheet picture, see Zhejiang JW Precision Machinery Co.Ltd balance sheet assets.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥40.04 Million | 3.08% |
| Total Liquid Assets | CN¥40.04 Million | 3.08% |
Asset Resilience Insights
- Limited Liquidity: Zhejiang JW Precision Machinery Co.Ltd maintains only 3.08% 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 JW Precision Machinery Co.Ltd Industry Peers by Asset Resilience Ratio
Compare Zhejiang JW Precision Machinery Co.Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Ningbo Zhenyu Technology Co. Ltd.
SHE:300953 |
Metal Fabrication | 2.39% |
|
Jl Mag Rare-Earth Co Ltd Class A
SHE:300748 |
Metal Fabrication | 2.86% |
|
Qingdao Yunlu Advanced Materials Technology Co. Ltd. A
SHG:688190 |
Metal Fabrication | 7.64% |
|
Jiangyin Hengrun Heavy
SHG:603985 |
Metal Fabrication | 0.01% |
|
Hangzhou Huaguang Advanced Welding Materials Co Ltd
SHG:688379 |
Metal Fabrication | 0.62% |
|
Qingdao Hi-Tech Moulds & Plastics Technology Co. Ltd.
SHE:301022 |
Metal Fabrication | 7.26% |
|
Korvest Ltd
AU:KOV |
Metal Fabrication | 6.47% |
|
Asturiana de Laminados S.A.
MC:ELZ |
Metal Fabrication | 0.39% |
Annual Asset Resilience Ratio for Zhejiang JW Precision Machinery Co.Ltd (2019–2023)
The table below shows the annual Asset Resilience Ratio data for Zhejiang JW Precision Machinery Co.Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 3.10% | CN¥40.04 Million ≈ $5.86 Million |
CN¥1.29 Billion ≈ $188.77 Million |
-7.35pp |
| 2022-12-31 | 10.45% | CN¥130.21 Million ≈ $19.05 Million |
CN¥1.25 Billion ≈ $182.31 Million |
+9.96pp |
| 2019-12-31 | 0.49% | CN¥2.31 Million ≈ $337.65K |
CN¥467.71 Million ≈ $68.44 Million |
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About Zhejiang JW Precision Machinery Co.Ltd
Zhejiang JW Precision Machinery Co.,Ltd. engages in the research and development, production, and sale of bearing rings in China and internationally. It offers deep groove ball, wheel hub, water pump, tandem double raceway, angular contact, triangular roller, valve lifter needle roller, needle roller, spline, truck wheel hub, tapered, and cylindrical roller bearing. The company also offers lead s… Read more