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. Read Ningxia Xinri Hengli Steel Wire Rope Co (600165) total liabilities for a breakdown of total debt and financial obligations.

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. See 600165 net asset value for net asset value and shareholders' equity analysis.

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 market cap.

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%
Akzo Nobel NV
AS:AKZA
Specialty Chemicals 2.16%
AKZO NOBEL SPONS.ADRS 1/3
F:AKUP
Specialty Chemicals 2.16%
Incitec Pivot Ltd
AU:IPL
Specialty Chemicals 0.03%
Shandong Head Co Ltd
SHE:002810
Specialty Chemicals 0.03%
Boai NKY Pharmaceuticals Ltd
SHE:300109
Specialty Chemicals 0.79%
Shen Ma Industry Co Ltd
SHG:600810
Specialty Chemicals 0.06%
Anhui Guofeng Plastic Industry Co Ltd
SHE:000859
Specialty Chemicals 3.12%

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
$799.22 Million
CN¥5.46 Billion CNY
Market Cap Rank
#10177 Global
#2914 in China
Share Price
CN¥3.38
Change (1 day)
-2.31%
52-Week Range
CN¥2.98 - CN¥5.15
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.