Western Gold Co Ltd
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
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
Total Assets
Resilience Assessment
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 | -- |