Jiangsu New Energy Development Co Ltd
Jiangsu New Energy Development Co., Ltd. develops, constructs, manages, operates, and invests in new energy projects. It is involved in wind energy, solar energy, biomass energy, geothermal energy, ocean energy, and natural gas hydrate projects. The company was founded in 2002 and is based in Nanjing, China. Jiangsu New Energy Development Co., Ltd. is a subsidiary of Jiangsu Guoxin Group Limited.
Jiangsu New Energy Development Co Ltd - Asset Resilience Ratio
Jiangsu New Energy Development Co Ltd (603693) has an Asset Resilience Ratio of 1.58% as of June 2021. 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
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2019–2020)
This chart shows how Jiangsu New Energy Development Co Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Jiangsu New Energy Development Co Ltd'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¥200.22 Million | 1.58% |
| Total Liquid Assets | CN¥200.22 Million | 1.58% |
Asset Resilience Insights
- Limited Liquidity: Jiangsu New Energy Development Co Ltd maintains only 1.58% 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.
Jiangsu New Energy Development Co Ltd Industry Peers by Asset Resilience Ratio
Compare Jiangsu New Energy Development Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
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% |
|
Fujian MinDong Electric Power Co Ltd
SHE:000993 |
Utilities - Renewable | 3.80% |
|
Xinjiang Lixin Energy Co. Ltd. A
SHE:001258 |
Utilities - Renewable | 0.43% |
Annual Asset Resilience Ratio for Jiangsu New Energy Development Co Ltd (2019–2020)
The table below shows the annual Asset Resilience Ratio data for Jiangsu New Energy Development Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2020-12-31 | 1.79% | CN¥200.49 Million | CN¥11.21 Billion | -1.34pp |
| 2019-12-31 | 3.12% | CN¥260.52 Million | CN¥8.34 Billion | -- |