Ningxia Xinri Hengli Steel Wire Rope Co Ltd - Asset Resilience Ratio

Latest as of September 2024: 3.82%

Ningxia Xinri Hengli Steel Wire Rope Co Ltd (600165) has an Asset Resilience Ratio of 3.82% as of September 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 how liquid is Ningxia Xinri Hengli Steel Wire Rope Co 's working capital to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

CN¥84.42 Million

≈ $12.35 Million USD Cash + Short-term Investments

Total Assets

CN¥2.21 Billion

≈ $323.80 Million USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio Trend (1995–2016)

This chart shows how Ningxia Xinri Hengli Steel Wire Rope Co Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Ningxia Xinri Hengli Steel Wire Rope Co total assets.

Liquid Assets Composition Over Time

This chart breaks down Ningxia Xinri Hengli Steel Wire Rope Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read Ningxia Xinri Hengli Steel Wire Rope Co balance sheet liabilities for a breakdown of total debt and financial obligations.

Current Liquid Assets Breakdown

Component	Amount	% of Total Assets
Cash & Equivalents	CN¥0.00	0%
Short-term Investments	CN¥84.42 Million	3.82%
Total Liquid Assets	CN¥84.42 Million	3.82%

Asset Resilience Insights

Limited Liquidity: Ningxia Xinri Hengli Steel Wire Rope Co Ltd maintains only 3.82% 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.

Ningxia Xinri Hengli Steel Wire Rope Co Ltd Industry Peers by Asset Resilience Ratio

Compare Ningxia Xinri Hengli Steel Wire Rope Co Ltd's asset resilience ratio with other companies in the same industry.

Company	Industry	Asset Resilience Ratio
Air Products and Chemicals Inc NYSE:APD	Specialty Chemicals	2.49%
China Minmetals Rare Earth Co Ltd SHE:000831	Specialty Chemicals	0.91%
Kingfa Sci&Tech Co Ltd SHG:600143	Specialty Chemicals	0.02%
Enaex S.A SN:ENAEX	Specialty Chemicals	0.12%
Lily Group Co Ltd SHG:603823	Specialty Chemicals	0.37%
Shenzhen Dynanonic Co Ltd SHE:300769	Specialty Chemicals	0.00%
Shandong Dawn Polymer Co Ltd SHE:002838	Specialty Chemicals	0.00%
5N Plus Inc. TO:VNP	Specialty Chemicals	12.56%

Annual Asset Resilience Ratio for Ningxia Xinri Hengli Steel Wire Rope Co Ltd (1995–2016)

The table below shows the annual Asset Resilience Ratio data for Ningxia Xinri Hengli Steel Wire Rope Co Ltd.

Year	Asset Resilience Ratio (%)	Liquid Assets	Total Assets	Change
2016-12-31	1.79%	CN¥60.00 Million ≈ $8.78 Million	CN¥3.35 Billion ≈ $489.62 Million	-0.63pp
2015-12-31	2.42%	CN¥95.00 Million ≈ $13.90 Million	CN¥3.92 Billion ≈ $574.01 Million	+2.42pp
2005-12-31	0.01%	CN¥89.51K ≈ $13.10K	CN¥1.42 Billion ≈ $207.33 Million	-2.55pp
2004-12-31	2.56%	CN¥35.46 Million ≈ $5.19 Million	CN¥1.38 Billion ≈ $202.64 Million	-0.16pp
2003-12-31	2.72%	CN¥36.10 Million ≈ $5.28 Million	CN¥1.33 Billion ≈ $194.50 Million	+1.43pp
2002-12-31	1.29%	CN¥15.95 Million ≈ $2.33 Million	CN¥1.24 Billion ≈ $181.30 Million	+0.30pp
2001-12-31	0.99%	CN¥11.02 Million ≈ $1.61 Million	CN¥1.12 Billion ≈ $163.58 Million	+0.32pp
2000-12-31	0.66%	CN¥5.15 Million ≈ $754.19K	CN¥778.59 Million ≈ $113.93 Million	-9.33pp
1998-12-31	9.99%	CN¥51.00 Million ≈ $7.46 Million	CN¥510.34 Million ≈ $74.68 Million	+9.80pp
1995-12-31	0.19%	CN¥400.00K ≈ $58.53K	CN¥211.60 Million ≈ $30.96 Million	--

pp = percentage points

About Ningxia Xinri Hengli Steel Wire Rope Co Ltd

SHG:600165 China Specialty Chemicals

Market Cap

$766.11 Million

CN¥5.24 Billion CNY

Market Cap Rank

#10200 Global

#2712 in China

Share Price

CN¥3.24

Change (1 day)

-4.71%

52-Week Range

CN¥2.19 - CN¥4.29

All Time High

CN¥27.53