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. Read 600888 liabilities breakdown for a breakdown of total debt and financial obligations.

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. See 600888 net assets for net asset value and shareholders' equity analysis.

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. For market capitalisation and broader financial context, see how much is Xinjiang Joinworld Co Ltd worth.

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
Shandong Hongchuang Aluminum Industry Holding Co Ltd SHE:002379	Aluminum	11.64%
Jiangsu Asia Pacific Light Alloy Technology Co Ltd SHE:002540	Aluminum	1.58%
SuZhou ChunXing Precision Mechanical Co Ltd SHE:002547	Aluminum	0.04%
Aluar Aluminio Argentino BA:ALUA	Aluminum	3.09%
Alpha Hpa Ltd AU:A4N	Aluminum	0.28%
Capral Ltd AU:CAA	Aluminum	0.00%
ABX Group Ltd AU:ABX	Aluminum	18.86%
Cia Brasileira de Aluminio SA:CBAV3	Aluminum	0.50%

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

$1.77 Billion

CN¥12.10 Billion CNY

Market Cap Rank

#6735 Global

#1552 in China

Share Price

CN¥8.62

Change (1 day)

-1.71%

52-Week Range

CN¥6.62 - CN¥10.01

All Time High

CN¥10.53