Ningxia Xinri Hengli Steel Wire Rope Co Ltd - Asset Resilience Ratio
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. Check asset allocation strategy of Ningxia Xinri Hengli Steel Wire Rope Co to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
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 Ningxia Xinri Hengli Steel Wire Rope Co balance sheet quality to measure how much of total assets are equity-financed.
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 |
|---|---|---|
|
Peric Special Gases Co. Ltd. A
SHG:688146 |
Specialty Chemicals | 5.10% |
|
Hengyi Petrochemical Co Ltd
SHE:000703 |
Specialty Chemicals | 0.17% |
|
Suzhou Crystal Clear Chemical Co Ltd
SHE:300655 |
Specialty Chemicals | 18.02% |
|
Jiangsu Cnano Technology Co Ltd
SHG:688116 |
Specialty Chemicals | 19.97% |
|
Qingdao Gon Technology Co Ltd
SHE:002768 |
Specialty Chemicals | 0.01% |
|
5N Plus Inc.
TO:VNP |
Specialty Chemicals | 12.56% |
|
Suzhou Shihua New Material Technology Co Ltd
SHG:688093 |
Specialty Chemicals | 25.17% |
|
Shanghai Yongguan Adhesive Products Corp Ltd
SHG:603681 |
Specialty Chemicals | 1.47% |
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 |
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About Ningxia Xinri Hengli Steel Wire Rope Co Ltd
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.