Ningbo Boway Alloy Material Co Ltd - Asset Resilience Ratio
Ningbo Boway Alloy Material Co Ltd (601137) has an Asset Resilience Ratio of 0.01% as of June 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 total liabilities of Ningbo Boway Alloy Material Co Ltd for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2008–2023)
This chart shows how Ningbo Boway Alloy Material Co Ltd's Asset Resilience Ratio has changed over time. See Ningbo Boway Alloy Material Co Ltd shareholders equity for net asset value and shareholders' equity analysis.
Liquid Assets Composition Over Time
This chart breaks down Ningbo Boway Alloy Material 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 Ningbo Boway Alloy Material Co Ltd (601137) total market value.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥1.55 Million | 0.01% |
| Total Liquid Assets | CN¥1.55 Million | 0.01% |
Asset Resilience Insights
- Limited Liquidity: Ningbo Boway Alloy Material Co Ltd maintains only 0.01% 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.
Ningbo Boway Alloy Material Co Ltd Industry Peers by Asset Resilience Ratio
Compare Ningbo Boway Alloy Material Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
First Quantum Minerals Ltd
TO:FM |
Copper | 2.84% |
|
HudBay Minerals Inc
TO:HBM |
Copper | 0.00% |
|
Capstone Mining Corp
TO:CS |
Copper | 4.46% |
|
Taseko Mines Ltd
TO:TKO |
Copper | 0.08% |
|
Sandfire Resources Ltd
AU:SFR |
Copper | 3.86% |
|
Amerigo Resources Ltd.
TO:ARG |
Copper | 0.19% |
|
Faraday Copper Corp.
TO:FDY |
Copper | 66.34% |
|
Los Andes Copper Limited
V:LA |
Copper | 22.78% |
Annual Asset Resilience Ratio for Ningbo Boway Alloy Material Co Ltd (2008–2023)
The table below shows the annual Asset Resilience Ratio data for Ningbo Boway Alloy Material Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 0.00% | CN¥752.91K ≈ $110.17K |
CN¥16.35 Billion ≈ $2.39 Billion |
-0.01pp |
| 2022-12-31 | 0.02% | CN¥2.47 Million ≈ $362.07K |
CN¥14.48 Billion ≈ $2.12 Billion |
-0.30pp |
| 2021-12-31 | 0.32% | CN¥37.44 Million ≈ $5.48 Million |
CN¥11.83 Billion ≈ $1.73 Billion |
+0.24pp |
| 2020-12-31 | 0.08% | CN¥7.19 Million ≈ $1.05 Million |
CN¥9.10 Billion ≈ $1.33 Billion |
+0.05pp |
| 2017-12-31 | 0.03% | CN¥1.96 Million ≈ $287.40K |
CN¥5.85 Billion ≈ $855.69 Million |
-3.85pp |
| 2016-12-31 | 3.89% | CN¥206.87 Million ≈ $30.27 Million |
CN¥5.32 Billion ≈ $778.61 Million |
+3.71pp |
| 2015-12-31 | 0.18% | CN¥4.85 Million ≈ $709.17K |
CN¥2.73 Billion ≈ $398.77 Million |
+0.07pp |
| 2014-12-31 | 0.11% | CN¥2.98 Million ≈ $435.84K |
CN¥2.78 Billion ≈ $406.46 Million |
-0.02pp |
| 2013-12-31 | 0.13% | CN¥3.38 Million ≈ $493.98K |
CN¥2.61 Billion ≈ $381.25 Million |
+0.12pp |
| 2012-12-31 | 0.01% | CN¥129.80K ≈ $18.99K |
CN¥2.28 Billion ≈ $334.11 Million |
-0.02pp |
| 2008-12-31 | 0.02% | CN¥129.41K ≈ $18.94K |
CN¥549.10 Million ≈ $80.35 Million |
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About Ningbo Boway Alloy Material Co Ltd
Ningbo Boway Alloy Material Company Limited researches, develops, manufactures, and sells non-ferrous alloy materials in Asia, Europe, North America, and internationally. It offers copper alloy bars, copper alloy wires, copper alloy strips, precision cutting wires, precision electronic wires, welding wires, and solar photovoltaic products; and precision alloy wires, including high-conductivity su… Read more