Tongda Group Holdings Limited
Tongda Group Holdings Limited, an investment holding company, provides high-precision structural components for smart mobile communications and consumer electronic products in the People's Republic of China, Hong Kong, Macau, the Asia Pacific, the United States, Europe, and internationally. It operates through two segments, Consumer Electronics Structural Components; and Household and Sports Good… Read more
Tongda Group Holdings Limited - Asset Resilience Ratio
Tongda Group Holdings Limited (TJC) has an Asset Resilience Ratio of 4.95% 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 (2023–2024)
This chart shows how Tongda Group Holdings Limited's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Tongda Group Holdings Limited'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 | €0.00 | 0% |
| Short-term Investments | €354.44 Million | 4.95% |
| Total Liquid Assets | €354.44 Million | 4.95% |
Asset Resilience Insights
- Limited Liquidity: Tongda Group Holdings Limited maintains only 4.95% 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.
Tongda Group Holdings Limited Industry Peers by Asset Resilience Ratio
Compare Tongda Group Holdings Limited's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Shenzhen Zhongheng Huafa Co Ltd Class A
SHE:000020 |
Electronic Components | 0.51% |
|
Shenzhen Desay Battery Technology Co Ltd
SHE:000049 |
Electronic Components | 8.20% |
|
CPT Technology Group Co Ltd
SHE:000536 |
Electronic Components | 8.15% |
|
Guangdong Fenghua Advanced Technology Holding Co Ltd
SHE:000636 |
Electronic Components | 0.29% |
|
YoungPoong
KO:000670 |
Electronic Components | 3.00% |
|
Xiamen Xindeco Ltd
SHE:000701 |
Electronic Components | 0.56% |
|
BOE Technology Group Co Ltd
SHE:000725 |
Electronic Components | 0.55% |
|
China Zhenhua Group Science & Technology Co Ltd
SHE:000733 |
Electronic Components | 9.10% |
Annual Asset Resilience Ratio for Tongda Group Holdings Limited (2023–2024)
The table below shows the annual Asset Resilience Ratio data for Tongda Group Holdings Limited.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-12-31 | 4.95% | €354.44 Million | €7.15 Billion | +3.00pp |
| 2023-12-31 | 1.95% | €259.43 Million | €13.30 Billion | -- |