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. Check 601619 strategic asset allocation to assess the company's strategic physical and investment asset allocation.

Liquid Assets

CN¥21.37 Million
≈ $3.13 Million USD Cash + Short-term Investments

Total Assets

CN¥21.58 Billion
≈ $3.16 Billion USD 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. See Ningxia Jiaze Renewables Corp balance sheet independence to measure how much of total assets are equity-financed.

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. For market capitalisation and broader financial context, see 601619 market cap.

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
Centrais Electricas Brasileiras SA
NYSE:EBR
Utilities - Renewable 2.31%
China Three Gorges New Energy Group Co Ltd
SHG:600905
Utilities - Renewable 0.00%
Huaneng Lancang River Hydropower Inc Class A
SHG:600025
Utilities - Renewable 0.25%
Brookfield Renewable Corp
NYSE:BEPC
Utilities - Renewable 0.24%
Chongqing Three Gorges Water Conservancy and Electric Power Co Ltd
SHG:600116
Utilities - Renewable 1.75%
Hangzhou Cogeneration Group Co Ltd
SHG:605011
Utilities - Renewable 3.42%
Energiekontor AG
F:EKT
Utilities - Renewable 7.25%
Orrön Energy AB (publ)
ST:ORRON
Utilities - Renewable 1.46%

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

About Ningxia Jiaze Renewables Corp

SHG:601619 China Utilities - Renewable
Market Cap
$2.06 Billion
CN¥14.07 Billion CNY
Market Cap Rank
#6240 Global
#1314 in China
Share Price
CN¥4.83
Change (1 day)
+1.26%
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 five segments: New Energy Power Station Development-Construction-Operation-Sale; New Energy Power Plant Operation and Maintenance Management Services; Rooftop Distributed Photovoltaic; N… Read more