Novoray Corporation - Asset Resilience Ratio

Latest as of September 2025: 9.73%

Novoray Corporation (688300) has an Asset Resilience Ratio of 9.73% as of September 2025. 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¥215.91 Million

≈ $31.59 Million USD Cash + Short-term Investments

Total Assets

CN¥2.22 Billion

≈ $324.64 Million USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio Trend (2020–2024)

This chart shows how Novoray Corporation's Asset Resilience Ratio has changed over time. Check Novoray Corporation (688300) strategic asset index to assess the company's strategic physical and investment asset allocation.

Liquid Assets Composition Over Time

This chart breaks down Novoray Corporation'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 Novoray Corporation.

Current Liquid Assets Breakdown

Component	Amount	% of Total Assets
Cash & Equivalents	CN¥0.00	0%
Short-term Investments	CN¥215.91 Million	9.73%
Total Liquid Assets	CN¥215.91 Million	9.73%

Asset Resilience Insights

Limited Liquidity: Novoray Corporation maintains only 9.73% 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.

Novoray Corporation Industry Peers by Asset Resilience Ratio

Compare Novoray Corporation's asset resilience ratio with other companies in the same industry.

Company	Industry	Asset Resilience Ratio
Givaudan SA F:GIN1	Specialty Chemicals	0.03%
NOVOZYMES A/S SPONS.ADR 1 F:NZM	Specialty Chemicals	0.01%
Kingfa Sci&Tech Co Ltd SHG:600143	Specialty Chemicals	0.02%
Cngr Advanced Material Co Ltd SHE:300919	Specialty Chemicals	0.52%
Jiangsu Pacific Quartz Co Ltd SHG:603688	Specialty Chemicals	33.15%
Azelis Group NV BR:AZE	Specialty Chemicals	0.00%
Baoding Lucky Innovative Materials Co Ltd SHE:300446	Specialty Chemicals	5.15%
Shanghai Anoky Group SHE:300067	Specialty Chemicals	4.15%

Annual Asset Resilience Ratio for Novoray Corporation (2020–2024)

The table below shows the annual Asset Resilience Ratio data for Novoray Corporation.

Year	Asset Resilience Ratio (%)	Liquid Assets	Total Assets	Change
2024-12-31	10.89%	CN¥214.67 Million ≈ $31.41 Million	CN¥1.97 Billion ≈ $288.56 Million	-10.52pp
2023-12-31	21.41%	CN¥375.66 Million ≈ $54.97 Million	CN¥1.75 Billion ≈ $256.77 Million	+1.58pp
2022-12-31	19.83%	CN¥304.97 Million ≈ $44.63 Million	CN¥1.54 Billion ≈ $225.00 Million	+2.54pp
2021-12-31	17.29%	CN¥225.67 Million ≈ $33.02 Million	CN¥1.30 Billion ≈ $190.95 Million	+16.19pp
2020-12-31	1.10%	CN¥12.05 Million ≈ $1.76 Million	CN¥1.09 Billion ≈ $159.88 Million	--

pp = percentage points

About Novoray Corporation

SHG:688300 China Specialty Chemicals

Market Cap

$5.24 Billion

CN¥35.81 Billion CNY

Market Cap Rank

#3477 Global

#485 in China

Share Price

CN¥148.30

Change (1 day)

-2.24%

52-Week Range

CN¥50.50 - CN¥272.54

All Time High

CN¥272.54