Ningxia Jiaze Renewables Corp

SHG:601619 China Utilities - Renewable
Market Cap
$2.56 Billion
CN¥18.79 Billion CNY
Market Cap Rank
#5847 Global
#820 in China
Share Price
CN¥6.45
Change (1 day)
-0.92%
52-Week Range
CN¥3.44 - CN¥7.04
All Time High
CN¥12.05
About

Jiaze Renewables Corporation Limited, together with its subsidiaries, engages in the development, construction, sale, operation, and maintenance of new energy power stations in China. The company operates through New Energy Power Station Development-Construction-Operation-Sale; New Energy Power Station Operation and Maintenance Management Services; Rooftop Distributed Photovoltaic; New Energy Ind… Read more

Ningxia Jiaze Renewables Corp - Asset Resilience Ratio

Latest as of June 2024: 0.10%

Ningxia Jiaze Renewables Corp (601619) has an Asset Resilience Ratio of 0.10% 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¥21.37 Million
Cash + Short-term Investments
Total Assets
CN¥21.58 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (None–None)

This chart shows how Ningxia Jiaze Renewables Corp's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Ningxia Jiaze Renewables Corp'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¥21.37 Million 0.1%
Total Liquid Assets CN¥21.37 Million 0.10%

Asset Resilience Insights

  • Limited Liquidity: Ningxia Jiaze Renewables Corp maintains only 0.10% 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.

Ningxia Jiaze Renewables Corp Industry Peers by Asset Resilience Ratio

Compare Ningxia Jiaze Renewables Corp's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Aksu Enerji ve Ticaret AS
IS:AKSUE
Utilities - Renewable 0.31%
Elridge Energy Holdings Berhad
KLSE:0318
Utilities - Renewable 14.46%
Tunghsu Azure Renewable Energy Co Ltd
SHE:000040
Utilities - Renewable 0.23%
Tianjin Guangyu Development Co Ltd
SHE:000537
Utilities - Renewable 0.03%
CECEP Solar Energy Co Ltd
SHE:000591
Utilities - Renewable 0.19%
GEPIC Energy Development Co Ltd
SHE:000791
Utilities - Renewable 0.00%
Tieling Newcity Investment Holding Ltd
SHE:000809
Utilities - Renewable 17.22%
Hubei Energy Group Co Ltd
SHE:000883
Utilities - Renewable 0.07%

Annual Asset Resilience Ratio for Ningxia Jiaze Renewables Corp (None–None)

The table below shows the annual Asset Resilience Ratio data for Ningxia Jiaze Renewables Corp.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
No yearly data available.
pp = percentage points