Jiangsu New Energy Development Co Ltd

SHG:603693 China Utilities - Renewable
Market Cap
$1.81 Billion
CN¥13.26 Billion CNY
Market Cap Rank
#13066 Global
#3310 in China
Share Price
CN¥14.87
Change (1 day)
-3.57%
52-Week Range
CN¥10.40 - CN¥16.80
All Time High
CN¥25.19
About

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

Latest as of June 2021: 1.58%

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
CN¥200.22 Million
Cash + Short-term Investments
Total Assets
CN¥12.71 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

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 --
pp = percentage points