New Best Wire Industrial Co Ltd - Asset Resilience Ratio

Latest as of December 2024: 3.05%

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. Check 5013 strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.

Liquid Assets

NT$260.27 Million
≈ $8.20 Million USD Cash + Short-term Investments

Total Assets

NT$8.53 Billion
≈ $268.63 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2003–2024)

This chart shows how New Best Wire Industrial Co Ltd's Asset Resilience Ratio has changed over time. See New Best Wire Industrial Co Ltd balance sheet independence to measure how much of total assets are equity-financed.

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. For market capitalisation and broader financial context, see market value of New Best Wire Industrial Co Ltd.

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
Ningbo Ginlong Technologies Co Ltd Class A
SHE:300763
Electrical Equipment & Parts 1.26%
Xiamen Kehua Hengsheng
SHE:002335
Electrical Equipment & Parts 10.39%
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
Electrical Equipment & Parts 0.00%
Roshow Technology Co Ltd
SHE:002617
Electrical Equipment & Parts 0.97%
Xi'an Sinofuse Electric Co. Ltd.
SHE:301031
Electrical Equipment & Parts 1.41%
Acrel Co LTD
SHE:300286
Electrical Equipment & Parts 42.66%
Zhejiang Tony Electronic Co Ltd
SHG:603595
Electrical Equipment & Parts 0.90%
R&S GROUP HOLDING AG
SW:RSGN
Electrical Equipment & Parts 20.67%

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
≈ $8.20 Million
NT$8.53 Billion
≈ $268.63 Million
+3.05pp
2022-12-31 0.00% NT$307.00K
≈ $9.67K
NT$8.36 Billion
≈ $263.26 Million
+0.00pp
2021-12-31 0.00% NT$33.00K
≈ $1.04K
NT$8.65 Billion
≈ $272.62 Million
-0.18pp
2020-12-31 0.18% NT$12.99 Million
≈ $409.16K
NT$7.15 Billion
≈ $225.28 Million
+0.18pp
2018-12-31 0.01% NT$393.00K
≈ $12.38K
NT$7.23 Billion
≈ $227.87 Million
-0.03pp
2014-12-31 0.03% NT$1.53 Million
≈ $48.27K
NT$4.71 Billion
≈ $148.41 Million
+0.01pp
2012-12-31 0.02% NT$794.00K
≈ $25.02K
NT$3.65 Billion
≈ $114.92 Million
-0.31pp
2010-12-31 0.33% NT$11.98 Million
≈ $377.47K
NT$3.59 Billion
≈ $113.11 Million
+0.32pp
2009-12-31 0.01% NT$341.00K
≈ $10.74K
NT$2.91 Billion
≈ $91.63 Million
-5.47pp
2003-12-31 5.48% NT$69.00 Million
≈ $2.17 Million
NT$1.26 Billion
≈ $39.64 Million
--
pp = percentage points

About New Best Wire Industrial Co Ltd

TWO:5013 Taiwan Electrical Equipment & Parts
Market Cap
$116.01 Million
NT$3.68 Billion TWD
Market Cap Rank
#18726 Global
#1036 in Taiwan
Share Price
NT$27.60
Change (1 day)
+0.00%
52-Week Range
NT$25.90 - NT$32.10
All Time High
NT$44.74
About

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