Daechang Forgi - Asset Resilience Ratio
Daechang Forgi (015230) has an Asset Resilience Ratio of 16.40% as of September 2025. 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 (2001–2024)
This chart shows how Daechang Forgi's Asset Resilience Ratio has changed over time. Check how strategically is Daechang Forgi's equity deployed to assess the company's strategic physical and investment asset allocation.
Liquid Assets Composition Over Time
This chart breaks down Daechang Forgi'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 015230 market cap.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩0.00 | 0% |
| Short-term Investments | ₩65.05 Billion | 16.4% |
| Total Liquid Assets | ₩65.05 Billion | 16.40% |
Asset Resilience Insights
- Good Liquidity Position: Daechang Forgi maintains a healthy 16.40% of assets in liquid form.
- This level provides good financial flexibility while maintaining productive asset deployment.
- The company has significant short-term investments, indicating active treasury management.
Daechang Forgi Industry Peers by Asset Resilience Ratio
Compare Daechang Forgi's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Bridgestone Corporation
F:BGTA |
Auto Parts | 0.24% |
|
Autoliv Inc
ST:ALIV-SDB |
Auto Parts | 7.01% |
|
Wanxiang Qianchao Co Ltd
SHE:000559 |
Auto Parts | 0.00% |
|
Balkrishna Industries Limited
NSE:BALKRISIND |
Auto Parts | 8.16% |
|
Yapp Automotive Systems Co Ltd
SHG:603013 |
Auto Parts | 5.95% |
|
Qingdao Doublestar Co Ltd
SHE:000599 |
Auto Parts | 0.00% |
|
Kunshan Huguang Auto Harness Co Ltd
SHG:605333 |
Auto Parts | 2.79% |
|
ASK AUTOMOTIVE LIMITED
NSE:ASKAUTOLTD |
Auto Parts | 0.06% |
Annual Asset Resilience Ratio for Daechang Forgi (2001–2024)
The table below shows the annual Asset Resilience Ratio data for Daechang Forgi.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-12-31 | 19.82% | ₩73.80 Billion ≈ $50.01 Million |
₩372.34 Billion ≈ $252.33 Million |
+3.78pp |
| 2023-12-31 | 16.04% | ₩53.70 Billion ≈ $36.39 Million |
₩334.75 Billion ≈ $226.86 Million |
+12.36pp |
| 2022-12-31 | 3.68% | ₩12.45 Billion ≈ $8.43 Million |
₩338.23 Billion ≈ $229.21 Million |
+1.18pp |
| 2021-12-31 | 2.50% | ₩7.47 Billion ≈ $5.06 Million |
₩298.48 Billion ≈ $202.27 Million |
-9.80pp |
| 2020-12-31 | 12.30% | ₩30.42 Billion ≈ $20.61 Million |
₩247.24 Billion ≈ $167.55 Million |
-5.68pp |
| 2019-12-31 | 17.99% | ₩42.91 Billion ≈ $29.08 Million |
₩238.56 Billion ≈ $161.67 Million |
+10.50pp |
| 2018-12-31 | 7.48% | ₩17.14 Billion ≈ $11.61 Million |
₩229.02 Billion ≈ $155.20 Million |
-5.89pp |
| 2017-12-31 | 13.37% | ₩29.00 Billion ≈ $19.66 Million |
₩216.95 Billion ≈ $147.02 Million |
-4.42pp |
| 2016-12-31 | 17.79% | ₩36.01 Billion ≈ $24.40 Million |
₩202.43 Billion ≈ $137.19 Million |
-5.82pp |
| 2015-12-31 | 23.61% | ₩46.10 Billion ≈ $31.24 Million |
₩195.29 Billion ≈ $132.35 Million |
+2.89pp |
| 2014-12-31 | 20.71% | ₩38.11 Billion ≈ $25.82 Million |
₩183.98 Billion ≈ $124.68 Million |
-5.21pp |
| 2013-12-31 | 25.93% | ₩40.21 Billion ≈ $27.25 Million |
₩155.11 Billion ≈ $105.12 Million |
+14.96pp |
| 2012-12-31 | 10.96% | ₩15.78 Billion ≈ $10.70 Million |
₩143.96 Billion ≈ $97.56 Million |
+9.75pp |
| 2011-12-31 | 1.21% | ₩1.80 Billion ≈ $1.22 Million |
₩148.83 Billion ≈ $100.86 Million |
-0.81pp |
| 2010-12-31 | 2.02% | ₩2.71 Billion ≈ $1.83 Million |
₩133.93 Billion ≈ $90.76 Million |
-1.44pp |
| 2009-12-31 | 3.47% | ₩3.58 Billion ≈ $2.42 Million |
₩103.23 Billion ≈ $69.96 Million |
+2.54pp |
| 2008-12-31 | 0.93% | ₩1.29 Billion ≈ $872.53K |
₩138.92 Billion ≈ $94.14 Million |
-0.49pp |
| 2007-12-31 | 1.42% | ₩1.55 Billion ≈ $1.05 Million |
₩109.14 Billion ≈ $73.97 Million |
-0.31pp |
| 2006-12-31 | 1.73% | ₩2.02 Billion ≈ $1.37 Million |
₩116.80 Billion ≈ $79.15 Million |
+0.78pp |
| 2005-12-31 | 0.95% | ₩1.20 Billion ≈ $812.97K |
₩126.91 Billion ≈ $86.00 Million |
-0.79pp |
| 2004-12-31 | 1.74% | ₩2.24 Billion ≈ $1.52 Million |
₩128.95 Billion ≈ $87.39 Million |
+0.95pp |
| 2003-12-31 | 0.79% | ₩1.00 Billion ≈ $677.93K |
₩126.87 Billion ≈ $85.98 Million |
-0.13pp |
| 2002-12-31 | 0.92% | ₩1.20 Billion ≈ $813.53K |
₩130.07 Billion ≈ $88.15 Million |
-1.14pp |
| 2001-12-31 | 2.06% | ₩2.78 Billion ≈ $1.88 Million |
₩134.81 Billion ≈ $91.36 Million |
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About Daechang Forgi
Daechang Forging Co., Ltd. manufactures and sells various forged products in South Korea and internationally. It offers undercarriage parts for heavy construction equipment, such as excavators and dozers; track group assembly; track rollers and idlers; segments and sprockets; crankshafts; mini excavators; and other parts. Daechang Forging Co., Ltd. was founded in 1955 and is based in Gimhae-si, S… Read more