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. See 601619 working capital ratio to evaluate short-term liquidity relative to the company's equity base.

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. For the complete balance sheet picture, see Ningxia Jiaze Renewables Corp (601619) total assets.

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. Read 601619 total 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¥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
NTPC Green Energy Limited NSE:NTPCGREEN	Utilities - Renewable	0.09%
Auren Energia S.A. SA:AURE3	Utilities - Renewable	1.48%
Pehuenche SN:PEHUENCHE	Utilities - Renewable	0.03%
LGI Ltd AU:LGI	Utilities - Renewable	15.76%
Tunghsu Azure Renewable Energy Co Ltd SHE:000040	Utilities - Renewable	0.23%
Sunflow Sustain TA:SNFL	Utilities - Renewable	0.33%
Carnegie Clean Energy Ltd AU:CCE	Utilities - Renewable	16.05%
Botala Energy Ltd AU:BTE	Utilities - Renewable	0.69%

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

$1.75 Billion

CN¥11.97 Billion CNY

Market Cap Rank

#6680 Global

#1366 in China

Share Price

CN¥4.11

Change (1 day)

-1.20%

52-Week Range

CN¥4.01 - CN¥7.04

All Time High

CN¥12.05