Ningbo Boway Alloy Material Co Ltd - Asset Resilience Ratio

Latest as of June 2024: 0.01%

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.

Liquid Assets

CN¥1.55 Million
≈ $226.65K USD Cash + Short-term Investments

Total Assets

CN¥16.65 Billion
≈ $2.44 Billion USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2008–2023)

This chart shows how Ningbo Boway Alloy Material Co Ltd's Asset Resilience Ratio has changed over time. Check Ningbo Boway Alloy Material Co Ltd strategic capital allocation to assess the company's strategic physical and investment asset allocation.

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 market capitalisation.

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
Lundin Mining Corporation
TO:LUN
Copper 0.28%
Capstone Mining Corp
TO:CS
Copper 4.46%
Pengxin International Mining Co Ltd
SHG:600490
Copper 1.34%
Imperial Metals Corporation
TO:III
Copper 0.00%
True North Copper Ltd
AU:TNC
Copper 12.09%
Qmines Ltd
AU:QML
Copper 0.07%
US Copper Corp
V:USCU
Copper 7.48%
NT Minerals Ltd
AU:NTM
Copper 1.72%

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
--
pp = percentage points

About Ningbo Boway Alloy Material Co Ltd

SHG:601137 China Copper
Market Cap
$2.40 Billion
CN¥16.37 Billion CNY
Market Cap Rank
#5572 Global
#1016 in China
Share Price
CN¥17.82
Change (1 day)
+2.95%
52-Week Range
CN¥16.32 - CN¥27.40
All Time High
CN¥27.40
About

Ningbo Boway Alloy Material Company Limited research, 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 supe… Read more