Western Gold Co Ltd

SHG:601069 China Gold
Market Cap
$3.92 Billion
CN¥28.79 Billion CNY
Market Cap Rank
#6673 Global
#1018 in China
Share Price
CN¥31.60
Change (1 day)
-10.48%
52-Week Range
CN¥13.62 - CN¥48.69
All Time High
CN¥48.69
About

Western Region Gold Co., Ltd. engages in the gold mining, dressing, and smelting business in China. It is also involved in manganese ore mining; and production, processing, and sales of electrolytic manganese. The company was founded in 2002 and is based in Urumqi, China. Western Region Gold Co., Ltd. operates as a subsidiary of Xinjiang NonFerrous Metal Industry (Group) Co.Ltd.

Western Gold Co Ltd - Asset Resilience Ratio

Latest as of December 2023: 0.13%

Western Gold Co Ltd (601069) has an Asset Resilience Ratio of 0.13% as of December 2023. 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¥9.10 Million
Cash + Short-term Investments
Total Assets
CN¥6.74 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2016–2023)

This chart shows how Western Gold 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 Western Gold 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¥9.10 Million 0.13%
Total Liquid Assets CN¥9.10 Million 0.13%

Asset Resilience Insights

  • Limited Liquidity: Western Gold Co Ltd maintains only 0.13% 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.

Western Gold Co Ltd Industry Peers by Asset Resilience Ratio

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

Company Industry Asset Resilience Ratio
Alamos Gold Inc
NYSE:AGI
Gold 0.77%
K92 Mining Inc
OTCQX:KNTNF
Gold 0.00%
Calibre Mining Corp
OTCQX:CXBMF
Gold 0.00%
Catalyst Metals Limited
PINK:CTYMF
Gold 2.39%
Kingsgate Consolidated Limited
PINK:KSKGF
Gold -0.79%
PC Gold Ltd
AU:PC2
Gold 7.77%
Advance United Holdings Inc
OTCQB:AUHIF
Gold 28.94%
Sichuan Rongda Gold Co. Ltd. Cl A
SHE:001337
Gold 4.22%

Annual Asset Resilience Ratio for Western Gold Co Ltd (2016–2023)

The table below shows the annual Asset Resilience Ratio data for Western Gold Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 0.13% CN¥9.10 Million CN¥6.74 Billion +0.01pp
2018-12-31 0.13% CN¥3.36 Million CN¥2.67 Billion -0.37pp
2016-12-31 0.50% CN¥13.42 Million CN¥2.69 Billion --
pp = percentage points