Ways Electron Co Ltd Asset Resilience Ratio

Latest as of March 2024: 0.54%

Ways Electron Co Ltd asset resilience ratio. Ways Electron Co Ltd (605218) has an Asset Resilience Ratio of 0.54% as of March 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 Ways Electron Co Ltd (605218) liquidity interval to measure how many days the company can operate on defensive assets alone.

Liquid Assets

CN¥10.00 Million
≈ $1.46 Million USD Cash + Short-term Investments

Total Assets

CN¥1.86 Billion
≈ $272.53 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio of Ways Electron Co Ltd (2020–2022)

Asset resilience ratio of Ways Electron Co Ltd from 2020 to 2022. This chart shows how Ways Electron Co Ltd's Asset Resilience Ratio has changed over time. Read 605218 total debt and obligations for a breakdown of total debt and financial obligations.

Liquid Assets Composition Over Time

This chart breaks down Ways Electron Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For the complete balance sheet picture, see Ways Electron Co Ltd (605218) total assets.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥10.00 Million 0.54%
Total Liquid Assets CN¥10.00 Million 0.54%

Asset Resilience Insights

  • Limited Liquidity: Ways Electron Co Ltd maintains only 0.54% 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.

Ways Electron Co Ltd Industry Peers by Asset Resilience Ratio

Compare Ways Electron Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Uniflex Technology Inc
TW:3321
Electronic Components 0.82%
WUS Printed Circuit Kunshan Co Ltd
SHE:002463
Electronic Components 0.08%
Lingyi iTech Guangdong Co
SHE:002600
Electronic Components 1.79%
FOSITEK CORP
TW:6805
Electronic Components 4.17%
Zhejiang Huazheng New Material
SHG:603186
Electronic Components 0.01%
EZconn Corp
TW:6442
Electronic Components 0.85%
Fujian Huoju Electronic
SHG:603678
Electronic Components 2.36%
Xiamen Leading Optics Co Ltd
SHG:605118
Electronic Components 4.95%

Ways Electron Co Ltd Asset Resilience Ratio by Year (2020–2022)

Ways Electron Co Ltd asset resilience ratio by year from 2020 to 2022. The table below shows the annual Asset Resilience Ratio data for Ways Electron Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2022-12-31 12.55% CN¥190.00 Million
≈ $27.80 Million
CN¥1.51 Billion
≈ $221.51 Million
+8.80pp
2021-12-31 3.75% CN¥55.00 Million
≈ $8.05 Million
CN¥1.47 Billion
≈ $214.52 Million
-26.48pp
2020-12-31 30.23% CN¥434.00 Million
≈ $63.51 Million
CN¥1.44 Billion
≈ $210.06 Million
--
pp = percentage points

About Ways Electron Co Ltd

SHG:605218 China Electronic Components
Market Cap
$410.74 Million
CN¥2.81 Billion CNY
Market Cap Rank
#12964 Global
#3792 in China
Share Price
CN¥11.56
Change (1 day)
+0.26%
52-Week Range
CN¥11.45 - CN¥21.29
All Time High
CN¥34.43
About

Ways Electron Co.,Ltd. engages in the research and development, design, manufacture, and sale of electronic components in China. It offers backlight display module, liquid crystal display module, display components, touch decorative panel and smart surface; and rubber products, including driven roller for ATM banknote module, transfer roller, exit roller, printing roller, driven roller, pickup ro… Read more