Xinjiang Joinworld Co Ltd

SHG:600888 China Aluminum
Market Cap
$1.81 Billion
CN¥13.31 Billion CNY
Market Cap Rank
#7280 Global
#1221 in China
Share Price
CN¥9.48
Change (1 day)
-5.29%
52-Week Range
CN¥6.52 - CN¥10.01
All Time High
CN¥10.53
About

Xinjiang Joinworld Co., Ltd., together with its subsidiaries, engages in the research and development, production, and sale of aluminum products in China and internationally. The company offers aluminum, electronic aluminum foil, medium and high voltage electrode foil, corrosion foil, etched foil, chemical foil, formed foil, aluminum alloys, and other electronic components. Its aluminum products … Read more

Xinjiang Joinworld Co Ltd - Asset Resilience Ratio

Latest as of September 2024: -0.38%

Xinjiang Joinworld Co Ltd (600888) has an Asset Resilience Ratio of -0.38% 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¥-65.77 Million
Cash + Short-term Investments
Total Assets
CN¥17.11 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (1996–2016)

This chart shows how Xinjiang Joinworld Co Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Xinjiang Joinworld Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥-65.77 Million -0.38%
Total Liquid Assets CN¥-65.77 Million -0.38%

Asset Resilience Insights

  • Limited Liquidity: Xinjiang Joinworld Co Ltd maintains only -0.38% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company primarily holds liquidity in cash and equivalents rather than short-term investments.

Xinjiang Joinworld Co Ltd Industry Peers by Asset Resilience Ratio

Compare Xinjiang Joinworld Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Jiaozuo Wanfang Aluminum
SHE:000612
Aluminum 1.24%
Yunnan Aluminium Co Ltd
SHE:000807
Aluminum 6.31%
Henan Shenhuo Coal & Power Co Ltd
SHE:000933
Aluminum 3.97%
Aluko Co Ltd
KO:001780
Aluminum 1.59%
Guangdong Hongtu Technology Holdings Co Ltd
SHE:002101
Aluminum 5.56%
Jiangsu Alcha Aluminium Co Ltd
SHE:002160
Aluminum 0.02%
Nanjing Yunhai Special Metals Co Ltd
SHE:002182
Aluminum 2.04%
ZYF Lopsking Aluminum Co Ltd
SHE:002333
Aluminum 1.10%

Annual Asset Resilience Ratio for Xinjiang Joinworld Co Ltd (1996–2016)

The table below shows the annual Asset Resilience Ratio data for Xinjiang Joinworld Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2016-12-31 0.02% CN¥1.61 Million CN¥9.70 Billion -0.05pp
2003-12-31 0.07% CN¥1.00 Million CN¥1.40 Billion -0.32pp
2002-12-31 0.39% CN¥4.89 Million CN¥1.24 Billion +0.34pp
2001-12-31 0.05% CN¥628.10K CN¥1.22 Billion -0.37pp
2000-12-31 0.42% CN¥3.87 Million CN¥910.08 Million +0.06pp
1999-12-31 0.36% CN¥2.59 Million CN¥716.77 Million +0.06pp
1998-12-31 0.30% CN¥2.15 Million CN¥720.43 Million -0.22pp
1997-12-31 0.52% CN¥3.19 Million CN¥609.34 Million +0.49pp
1996-12-31 0.04% CN¥197.72K CN¥537.83 Million --
pp = percentage points