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. Check 603693 strategic asset allocation to assess the company's strategic physical and investment asset allocation.
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. For market capitalisation and broader financial context, see market cap of Jiangsu New Energy Development Co Ltd.
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 |
|---|---|---|
|
Huaneng Lancang River Hydropower Inc Class A
SHG:600025 |
Utilities - Renewable | 0.25% |
|
FORTUM OYJ ADR 1/5/EO340
F:FOT0 |
Utilities - Renewable | 0.64% |
|
LGI Ltd
AU:LGI |
Utilities - Renewable | 15.76% |
|
Voltalia SA
PA:VLTSA |
Utilities - Renewable | 2.96% |
|
Renova Energia S.A
SA:RNEW11 |
Utilities - Renewable | 1.32% |
|
Meridian Energy Ltd
AU:MEZ |
Utilities - Renewable | 1.64% |
|
Frontier Energy Ltd
AU:FHE |
Utilities - Renewable | 0.00% |
|
Green Critical Minerals Ltd
AU:GCM |
Utilities - Renewable | 15.67% |
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 ≈ $29.34 Million |
CN¥11.21 Billion ≈ $1.64 Billion |
-1.34pp |
| 2019-12-31 | 3.12% | CN¥260.52 Million ≈ $38.12 Million |
CN¥8.34 Billion ≈ $1.22 Billion |
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About 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.