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. See Ningbo Boway Alloy Material Co Ltd working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
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. For the complete balance sheet picture, see Ningbo Boway Alloy Material Co Ltd balance sheet assets.
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. Read Ningbo Boway Alloy Material Co Ltd debt and liabilities for a breakdown of total debt and financial obligations.
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% |
|
Lundin Mining Corporation
TO:LUN |
Copper | 0.28% |
|
Tongling Nonferrous Metals Group Co Ltd
SHE:000630 |
Copper | 0.73% |
|
Sandfire Resources Ltd
AU:SFR |
Copper | 3.86% |
|
Yunnan Copper Co Ltd
SHE:000878 |
Copper | 0.00% |
|
WA1 Resources Ltd
AU:WA1 |
Copper | 0.00% |
|
Highland Copper Company Inc.
V:HI |
Copper | 30.74% |
|
Kincora Copper Ltd
AU:KCC |
Copper | 21.31% |
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 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