Ningbo Orient Wires and Cables Co Ltd - Asset Resilience Ratio

Latest as of September 2025: 0.87%

Ningbo Orient Wires and Cables Co Ltd (603606) has an Asset Resilience Ratio of 0.87% as of September 2025. 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. Read how much debt does Ningbo Orient Wires and Cables Co Ltd carry for a breakdown of total debt and financial obligations.

Liquid Assets

CN¥121.82 Million
≈ $17.83 Million USD Cash + Short-term Investments

Total Assets

CN¥13.97 Billion
≈ $2.04 Billion USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2021–2023)

This chart shows how Ningbo Orient Wires and Cables Co Ltd's Asset Resilience Ratio has changed over time. See 603606 book value for net asset value and shareholders' equity analysis.

Liquid Assets Composition Over Time

This chart breaks down Ningbo Orient Wires and Cables 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 603606 stock market capitalisation.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥121.82 Million 0.87%
Total Liquid Assets CN¥121.82 Million 0.87%

Asset Resilience Insights

  • Limited Liquidity: Ningbo Orient Wires and Cables Co Ltd maintains only 0.87% 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 Orient Wires and Cables Co Ltd Industry Peers by Asset Resilience Ratio

Compare Ningbo Orient Wires and Cables Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
EVE Energy
SHE:300014
Electrical Equipment & Parts 4.81%
Ningbo Ronbay New Energy Tech Ltd
SHG:688005
Electrical Equipment & Parts 5.63%
WindSun Science & Technology Co. Ltd. A
SHG:688663
Electrical Equipment & Parts 1.28%
Chengdu Xuguang Electronics Co Ltd
SHG:600353
Electrical Equipment & Parts 4.04%
East Group Co Ltd
SHE:300376
Electrical Equipment & Parts 0.01%
Hunan Valin Wire & Cable Co Ltd
SHE:001208
Electrical Equipment & Parts 13.82%
Enovix Corp
NASDAQ:ENVX
Electrical Equipment & Parts 24.44%
HEG Limited
NSE:HEG
Electrical Equipment & Parts 16.10%

Annual Asset Resilience Ratio for Ningbo Orient Wires and Cables Co Ltd (2021–2023)

The table below shows the annual Asset Resilience Ratio data for Ningbo Orient Wires and Cables Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 0.81% CN¥85.89 Million
≈ $12.57 Million
CN¥10.64 Billion
≈ $1.56 Billion
-0.39pp
2022-12-31 1.20% CN¥110.01 Million
≈ $16.10 Million
CN¥9.19 Billion
≈ $1.34 Billion
-0.54pp
2021-12-31 1.74% CN¥145.78 Million
≈ $21.33 Million
CN¥8.38 Billion
≈ $1.23 Billion
--
pp = percentage points

About Ningbo Orient Wires and Cables Co Ltd

SHG:603606 China Electrical Equipment & Parts
Market Cap
$6.25 Billion
CN¥42.73 Billion CNY
Market Cap Rank
#3095 Global
#433 in China
Share Price
CN¥62.13
Change (1 day)
-1.99%
52-Week Range
CN¥47.23 - CN¥72.49
All Time High
CN¥86.37
About

Ningbo Orient Wires & Cables Co.,Ltd. provides land and subsea cable solutions in China and internationally. The company offers subsea cable systems for intercontinental power transmissions; inter array AC subsea cables, export cables, and dynamic IAC products for offshore renewables; and dynamic and umbilical cables for oil and gas sector. It also provides land cable systems for smart grids, sma… Read more