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.

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. Check Ningxia Xinri Hengli Steel Wire Rope Co strategic asset allocation index to assess the company's strategic physical and investment asset allocation.

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. For market capitalisation and broader financial context, see 600165 company net worth.

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
NOVOZYMES A/S SPONS.ADR 1
F:NZM
Specialty Chemicals 0.01%
Hengyi Petrochemical Co Ltd
SHE:000703
Specialty Chemicals 0.17%
China Minmetals Rare Earth Co Ltd
SHE:000831
Specialty Chemicals 0.91%
BRENNTAG SE UNSP.ADR/020
F:BNRA
Specialty Chemicals 0.11%
Evonik Industries AG
F:EVK
Specialty Chemicals 0.71%
Huaibei Mining Holdings Co Ltd
SHG:600985
Specialty Chemicals 2.33%
Noroo Holdings Co Ltd
KO:000325
Specialty Chemicals 7.13%
Lily Group Co Ltd
SHG:603823
Specialty Chemicals 0.37%

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
$584.04 Million
CN¥3.99 Billion CNY
Market Cap Rank
#11444 Global
#3208 in China
Share Price
CN¥2.47
Change (1 day)
+2.92%
52-Week Range
CN¥2.19 - CN¥4.41
All Time High
CN¥27.53
About

Ningxia Zhongke Biotechnology Co., Ltd. produces and sells coal-based activated carbon and lauric acid products. The company was founded in 1958 and is based in Shizuishan, China.