Nanjing CIGU Technology Corp. Ltd. A - Asset Resilience Ratio

Latest as of March 2024: 0.36%

Nanjing CIGU Technology Corp. Ltd. A (688448) has an Asset Resilience Ratio of 0.36% 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 Nanjing CIGU Technology Corp. Ltd. A (688448) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

CN¥5.00 Million
≈ $731.66K USD Cash + Short-term Investments

Total Assets

CN¥1.37 Billion
≈ $200.74 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (None–None)

This chart shows how Nanjing CIGU Technology Corp. Ltd. A's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Nanjing CIGU Technology Corp. Ltd. A asset portfolio.

Liquid Assets Composition Over Time

This chart breaks down Nanjing CIGU Technology Corp. Ltd. A's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read 688448 liabilities breakdown 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¥5.00 Million 0.36%
Total Liquid Assets CN¥5.00 Million 0.36%

Asset Resilience Insights

  • Limited Liquidity: Nanjing CIGU Technology Corp. Ltd. A maintains only 0.36% 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.

Nanjing CIGU Technology Corp. Ltd. A Industry Peers by Asset Resilience Ratio

Compare Nanjing CIGU Technology Corp. Ltd. A's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Vestas Wind Systems A/S
CO:VWS
Specialty Industrial Machinery 0.62%
Schindler Holding AG
SW:SCHN
Specialty Industrial Machinery 36.46%
Symbotic Inc
NASDAQ:SYM
Specialty Industrial Machinery 0.00%
Sulzer AG
SW:SUN
Specialty Industrial Machinery 0.00%
X-Energy, Inc. Class A Common Stock
NASDAQ:XE
Specialty Industrial Machinery 21.72%
Suzhou Secote Precision Electronic Co Ltd Class A
SHG:603283
Specialty Industrial Machinery 1.25%
Sandvik AB
ST:SAND
Specialty Industrial Machinery 2.92%
NARI Technology Co Ltd
SHG:600406
Specialty Industrial Machinery 16.07%

Annual Asset Resilience Ratio for Nanjing CIGU Technology Corp. Ltd. A (None–None)

The table below shows the annual Asset Resilience Ratio data for Nanjing CIGU Technology Corp. Ltd. A.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
No yearly data available.
pp = percentage points

About Nanjing CIGU Technology Corp. Ltd. A

SHG:688448 China Specialty Industrial Machinery
Market Cap
$1.01 Billion
CN¥6.93 Billion CNY
Market Cap Rank
#8870 Global
#2155 in China
Share Price
CN¥71.11
Change (1 day)
+3.28%
52-Week Range
CN¥37.06 - CN¥76.79
All Time High
CN¥76.79
About

Nanjing CIGU Technology Corp.,LTD. researches, develops, produces, and sells drive equipment and integrated fluid mechanical equipment in China and internationally. The company offers centrifugal blowers, centrifugal air compressors, turbo expanders, centrifugal chillers, and vacuum pumps under the Maglev name, as well as software technology services. It also offers core components, such as magne… Read more