Paragon Union Bhd
Paragon Union Berhad, an investment holding company, engages in the manufacturing and trading of car and commercial carpets, and automotive components, recycling and related activities. The company operates through three segments: Automotive, Commercial, and Recycling. The company offers commercial carpets, such as woven axminster, machine and hand tufted, wilton, and mosque carpets, as well as c… Read more
Paragon Union Bhd - Asset Resilience Ratio
Paragon Union Bhd (9407) has an Asset Resilience Ratio of 1.14% as of December 2022. 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 (2013–2023)
This chart shows how Paragon Union Bhd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Paragon Union Bhd'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 | RM0.00 | 0% |
| Short-term Investments | RM756.77K | 1.14% |
| Total Liquid Assets | RM756.77K | 1.14% |
Asset Resilience Insights
- Limited Liquidity: Paragon Union Bhd maintains only 1.14% 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.
Paragon Union Bhd Industry Peers by Asset Resilience Ratio
Compare Paragon Union Bhd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
iQ International AG
F:IQL |
Auto Parts | 3.44% |
|
Daewonkangup
KO:000430 |
Auto Parts | 1.07% |
|
Wanxiang Qianchao Co Ltd
SHE:000559 |
Auto Parts | 0.00% |
|
Weifu High-Technology Group Co Ltd
SHE:000581 |
Auto Parts | 5.84% |
|
Gui Zhou Tyre Co Ltd
SHE:000589 |
Auto Parts | 1.28% |
|
Qingdao Doublestar Co Ltd
SHE:000599 |
Auto Parts | 0.00% |
|
Hengli Industrial Development Group Co Ltd
SHE:000622 |
Auto Parts | -0.02% |
|
Xiangyang Automobile Bearing Co Ltd
SHE:000678 |
Auto Parts | 0.04% |
Annual Asset Resilience Ratio for Paragon Union Bhd (2013–2023)
The table below shows the annual Asset Resilience Ratio data for Paragon Union Bhd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 3.06% | RM3.30 Million | RM107.83 Million | +1.92pp |
| 2022-12-31 | 1.14% | RM756.77K | RM66.11 Million | +0.05pp |
| 2021-12-31 | 1.10% | RM742.95K | RM67.77 Million | -22.51pp |
| 2015-12-31 | 23.61% | RM17.00 Million | RM72.00 Million | -0.67pp |
| 2014-12-31 | 24.29% | RM17.00 Million | RM70.00 Million | +5.18pp |
| 2013-12-31 | 19.10% | RM17.00 Million | RM89.00 Million | -- |