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.
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 how financially flexible is Zhejiang JW Precision Machinery Co.Ltd to measure the company's free cash flow as a share of total liabilities.
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 market capitalisation and broader financial context, see 300984 market cap overview.
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 |
|---|---|---|
|
Shenyang Fortune Precision Equipment Co. Ltd. A
SHG:688409 |
Metal Fabrication | 0.12% |
|
Jl Mag Rare-Earth Co Ltd Class A
SHE:300748 |
Metal Fabrication | 3.13% |
|
Suzhou Chunqiu Electronic Technology Co Ltd Class A
SHG:603890 |
Metal Fabrication | 5.59% |
|
Shenzhen Pacific Union Precision Manufacturing Co. Ltd. A
SHG:688210 |
Metal Fabrication | 2.01% |
|
Lee Chi Enterprises Co Ltd
TW:1517 |
Metal Fabrication | 19.90% |
|
APB Resources Bhd
KLSE:5568 |
Metal Fabrication | 0.12% |
|
Korvest Ltd
AU:KOV |
Metal Fabrication | 6.47% |
|
AML3D Ltd
AU:AL3 |
Metal Fabrication | 53.47% |
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, angular contact, tandem ball, and water pump shaft and bearing rings; triangle bracket, needle roller, and rocker arm bearing rings; and cylindrical roller, truck wheel, and tapered roller bearing rings. The company also provi… Read more