New Best Wire Industrial Co Ltd
New Best Wire Industrial Co.,Ltd engages in the manufacturing and sales of cold heading quality wire drawing and electropolished stainless steel pipe products in Taiwan and China. The company offers carbon, alloy, and stainless steel wires. It also manufactures and trades high-strength alloy/carbon steel wire rods, engineering pipes, valves, and components of gas detection equipment. The company'… Read more
New Best Wire Industrial Co Ltd - Asset Resilience Ratio
New Best Wire Industrial Co Ltd (5013) has an Asset Resilience Ratio of 3.05% as of December 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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2003–2024)
This chart shows how New Best Wire Industrial Co Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down New Best Wire Industrial Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | NT$0.00 | 0% |
| Short-term Investments | NT$260.27 Million | 3.05% |
| Total Liquid Assets | NT$260.27 Million | 3.05% |
Asset Resilience Insights
- Limited Liquidity: New Best Wire Industrial Co Ltd maintains only 3.05% 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.
New Best Wire Industrial Co Ltd Industry Peers by Asset Resilience Ratio
Compare New Best Wire Industrial Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
YM Tech Co. Ltd.
KQ:273640 |
Electrical Equipment & Parts | 20.34% |
|
T-Conn Precision Corporation
TWO:6833 |
Electrical Equipment & Parts | 6.41% |
|
Supercomnet Technologies Bhd
KLSE:0001 |
Electrical Equipment & Parts | 44.42% |
|
XJ Electric Co Ltd
SHE:000400 |
Electrical Equipment & Parts | 0.04% |
|
Guangdong Macro Co Ltd
SHE:000533 |
Electrical Equipment & Parts | 0.35% |
|
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580 |
Electrical Equipment & Parts | 0.00% |
|
Huagong Tech Co Ltd
SHE:000988 |
Electrical Equipment & Parts | 0.64% |
|
Hunan Valin Wire & Cable Co Ltd
SHE:001208 |
Electrical Equipment & Parts | 13.82% |
Annual Asset Resilience Ratio for New Best Wire Industrial Co Ltd (2003–2024)
The table below shows the annual Asset Resilience Ratio data for New Best Wire Industrial Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-12-31 | 3.05% | NT$260.27 Million | NT$8.53 Billion | +3.05pp |
| 2022-12-31 | 0.00% | NT$307.00K | NT$8.36 Billion | +0.00pp |
| 2021-12-31 | 0.00% | NT$33.00K | NT$8.65 Billion | -0.18pp |
| 2020-12-31 | 0.18% | NT$12.99 Million | NT$7.15 Billion | +0.18pp |
| 2018-12-31 | 0.01% | NT$393.00K | NT$7.23 Billion | -0.03pp |
| 2014-12-31 | 0.03% | NT$1.53 Million | NT$4.71 Billion | +0.01pp |
| 2012-12-31 | 0.02% | NT$794.00K | NT$3.65 Billion | -0.31pp |
| 2010-12-31 | 0.33% | NT$11.98 Million | NT$3.59 Billion | +0.32pp |
| 2009-12-31 | 0.01% | NT$341.00K | NT$2.91 Billion | -5.47pp |
| 2003-12-31 | 5.48% | NT$69.00 Million | NT$1.26 Billion | -- |