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. See Xinjiang Joinworld Co Ltd (600888) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

CN¥-65.77 Million

≈ $-9.62 Million USD Cash + Short-term Investments

Total Assets

CN¥17.11 Billion

≈ $2.50 Billion USD 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. For the complete balance sheet picture, see Xinjiang Joinworld Co Ltd balance sheet assets.

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. Explore Xinjiang Joinworld Co Ltd strategic investment ratio to see how much of total assets are deployed in long-term investments.

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
Century Aluminum Company NASDAQ:CENX	Aluminum	0.15%
Jiaozuo Wanfang Aluminum SHE:000612	Aluminum	1.24%
Alpha Hpa Ltd AU:A4N	Aluminum	9.25%
PJ Metal Co. Ltd KQ:128660	Aluminum	8.08%
Aluar Aluminio Argentino BA:ALUA	Aluminum	4.73%
Capral Ltd AU:CAA	Aluminum	0.00%
ABX Group Ltd AU:ABX	Aluminum	18.86%
Cia Brasileira de Aluminio SA:CBAV3	Aluminum	0.53%

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 ≈ $236.03K	CN¥9.70 Billion ≈ $1.42 Billion	-0.05pp
2003-12-31	0.07%	CN¥1.00 Million ≈ $146.33K	CN¥1.40 Billion ≈ $205.47 Million	-0.32pp
2002-12-31	0.39%	CN¥4.89 Million ≈ $715.38K	CN¥1.24 Billion ≈ $181.21 Million	+0.34pp
2001-12-31	0.05%	CN¥628.10K ≈ $91.91K	CN¥1.22 Billion ≈ $178.41 Million	-0.37pp
2000-12-31	0.42%	CN¥3.87 Million ≈ $565.96K	CN¥910.08 Million ≈ $133.17 Million	+0.06pp
1999-12-31	0.36%	CN¥2.59 Million ≈ $378.74K	CN¥716.77 Million ≈ $104.89 Million	+0.06pp
1998-12-31	0.30%	CN¥2.15 Million ≈ $315.13K	CN¥720.43 Million ≈ $105.42 Million	-0.22pp
1997-12-31	0.52%	CN¥3.19 Million ≈ $466.32K	CN¥609.34 Million ≈ $89.17 Million	+0.49pp
1996-12-31	0.04%	CN¥197.72K ≈ $28.93K	CN¥537.83 Million ≈ $78.70 Million	--

pp = percentage points

About Xinjiang Joinworld Co Ltd

SHG:600888 China Aluminum

Market Cap

$2.05 Billion

CN¥14.00 Billion CNY

Market Cap Rank

#6123 Global

#1179 in China

Share Price

CN¥9.97

Change (1 day)

+1.94%

52-Week Range

CN¥7.49 - CN¥16.12

All Time High

CN¥16.12