Formetal Co. Ltd
Formetal Co., Ltd. operates as a metal forging company in Korea. It is involved in free, metal, composite, and non-ferrous metal forging activities. The company provides RV gears, hold flanges, and shafts for the wind power generation industry; eyes, ice cleats, sprockets, oil caps, wear rings, hubs, wheels, and alex arms for the defense industry; and boom, center, and front bearings, as well as … Read more
Formetal Co. Ltd - Asset Resilience Ratio
Formetal Co. Ltd (119500) has an Asset Resilience Ratio of 7.65% 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 (2014–2024)
This chart shows how Formetal 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 Formetal 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 | ₩4.32 Billion | 6.95% |
| Short-term Investments | ₩440.00 Million | 0.71% |
| Total Liquid Assets | ₩4.76 Billion | 7.65% |
Asset Resilience Insights
- Limited Liquidity: Formetal Co. Ltd maintains only 7.65% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
Formetal Co. Ltd Industry Peers by Asset Resilience Ratio
Compare Formetal Co. Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Xinjiang Hejin Holding Co Ltd
SHE:000633 |
Metal Fabrication | 0.75% |
|
Chongqing Changjiang River Moulding Material (Group) Co. Ltd.
SHE:001296 |
Metal Fabrication | 9.44% |
|
Winstech Precision Hldg Co
SHE:001319 |
Metal Fabrication | 1.06% |
|
Guangdong Jingyi Metal Co Ltd
SHE:002295 |
Metal Fabrication | 0.08% |
|
Shanghai Xinpeng Industry Co Ltd
SHE:002328 |
Metal Fabrication | 5.67% |
|
Beijing Lier High Temperature Materials Co Ltd
SHE:002392 |
Metal Fabrication | 7.59% |
|
Suzhou Victory Precision Manufacture Co Ltd
SHE:002426 |
Metal Fabrication | 0.17% |
|
Dajin Heavy Industry Corp
SHE:002487 |
Metal Fabrication | 0.00% |
Annual Asset Resilience Ratio for Formetal Co. Ltd (2014–2024)
The table below shows the annual Asset Resilience Ratio data for Formetal Co. Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-12-31 | 7.65% | ₩4.76 Billion | ₩62.22 Billion | +4.10pp |
| 2023-12-31 | 3.56% | ₩2.33 Billion | ₩65.55 Billion | +0.79pp |
| 2022-12-31 | 2.76% | ₩1.86 Billion | ₩67.15 Billion | +0.40pp |
| 2021-12-31 | 2.36% | ₩1.52 Billion | ₩64.48 Billion | -2.03pp |
| 2020-12-31 | 4.39% | ₩2.77 Billion | ₩63.22 Billion | +2.83pp |
| 2019-12-31 | 1.56% | ₩976.22 Million | ₩62.69 Billion | -0.31pp |
| 2018-12-31 | 1.87% | ₩1.13 Billion | ₩60.66 Billion | -3.75pp |
| 2017-12-31 | 5.62% | ₩3.42 Billion | ₩60.82 Billion | +1.06pp |
| 2016-12-31 | 4.55% | ₩2.51 Billion | ₩55.10 Billion | +2.75pp |
| 2015-12-31 | 1.80% | ₩992.22 Million | ₩55.13 Billion | +0.29pp |
| 2014-12-31 | 1.51% | ₩900.00 Million | ₩59.69 Billion | -- |