Ways Electron Co Ltd - Asset Resilience Ratio

Latest as of March 2024: 0.54%

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 605218 current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

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 Trend (2020–2022)

This chart shows how Ways Electron Co Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see 605218 total asset value.

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. Read total liabilities of Ways Electron Co Ltd for a breakdown of total debt and financial obligations.

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
Gold Circuit Electronics Ltd
TW:2368
Electronic Components 0.52%
Shennan Circuits Co Ltd Class A
SHE:002916
Electronic Components 1.57%
Goldenmax International Technology Ltd
SHE:002636
Electronic Components 2.56%
LG Innotek Co Ltd
KO:011070
Electronic Components 0.01%
Shanghai Wanye Enterprises Co Ltd
SHG:600641
Electronic Components 0.06%
Suzhou HYC Technology Co Ltd
SHG:688001
Electronic Components 0.06%
Co-Tech Development
TWO:8358
Electronic Components 0.16%
Long Young Electronic (Kunshan) Co. Ltd. A
SHE:301389
Electronic Components 27.28%

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

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
$503.84 Million
CN¥3.44 Billion CNY
Market Cap Rank
#12316 Global
#3592 in China
Share Price
CN¥14.18
Change (1 day)
+0.64%
52-Week Range
CN¥11.99 - CN¥23.16
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