Xiangyang Automobile Bearing Co Ltd Asset Resilience Ratio
Xiangyang Automobile Bearing Co Ltd asset resilience ratio. Xiangyang Automobile Bearing Co Ltd (000678) has an Asset Resilience Ratio of 0.04% as of September 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. See 000678 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Xiangyang Automobile Bearing Co Ltd (1993–2023)
Asset resilience ratio of Xiangyang Automobile Bearing Co Ltd from 1993 to 2023. This chart shows how Xiangyang Automobile Bearing Co Ltd's Asset Resilience Ratio has changed over time. Read Xiangyang Automobile Bearing Co Ltd debt and liabilities for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Xiangyang Automobile Bearing Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For the complete balance sheet picture, see total assets of Xiangyang Automobile Bearing Co Ltd.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥1.06 Million | 0.04% |
| Total Liquid Assets | CN¥1.06 Million | 0.04% |
Asset Resilience Insights
- Limited Liquidity: Xiangyang Automobile Bearing Co Ltd maintains only 0.04% 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.
Xiangyang Automobile Bearing Co Ltd Industry Peers by Asset Resilience Ratio
Compare Xiangyang Automobile Bearing Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
CONTINENTAL AG ADR 1/10
F:CONA |
Auto Parts | 0.38% |
|
Autoliv Inc
ST:ALIV-SDB |
Auto Parts | 7.01% |
|
Jiangsu Xinquan Automotive Trim Co Ltd
SHG:603179 |
Auto Parts | 0.82% |
|
QuantumScape Corporation Class A Common Stock
NYSE:QS |
Auto Parts | 56.59% |
|
NBTM New Materials Group Co Ltd
SHG:600114 |
Auto Parts | 0.00% |
|
Tianrun Crankshaft Co Ltd
SHE:002283 |
Auto Parts | 0.67% |
|
Shenzhen Changhong Tech
SHE:300151 |
Auto Parts | 10.41% |
|
Gui Zhou Tyre Co Ltd
SHE:000589 |
Auto Parts | 0.35% |
Xiangyang Automobile Bearing Co Ltd Asset Resilience Ratio by Year (1993–2023)
Xiangyang Automobile Bearing Co Ltd asset resilience ratio by year from 1993 to 2023. The table below shows the annual Asset Resilience Ratio data for Xiangyang Automobile Bearing Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 0.03% | CN¥805.91K ≈ $117.93K |
CN¥2.39 Billion ≈ $349.11 Million |
0.00pp |
| 2022-12-31 | 0.04% | CN¥868.95K ≈ $127.15K |
CN¥2.40 Billion ≈ $351.13 Million |
+0.01pp |
| 2021-12-31 | 0.03% | CN¥707.90K ≈ $103.59K |
CN¥2.45 Billion ≈ $359.11 Million |
-1.05pp |
| 2011-12-31 | 1.08% | CN¥11.26 Million ≈ $1.65 Million |
CN¥1.05 Billion ≈ $153.09 Million |
-1.16pp |
| 2010-12-31 | 2.23% | CN¥20.52 Million ≈ $3.00 Million |
CN¥919.18 Million ≈ $134.51 Million |
-0.91pp |
| 2009-12-31 | 3.14% | CN¥24.45 Million ≈ $3.58 Million |
CN¥778.50 Million ≈ $113.92 Million |
+2.10pp |
| 2008-12-31 | 1.04% | CN¥8.10 Million ≈ $1.19 Million |
CN¥778.24 Million ≈ $113.88 Million |
+1.03pp |
| 2002-12-31 | 0.01% | CN¥52.00K ≈ $7.61K |
CN¥756.24 Million ≈ $110.66 Million |
0.00pp |
| 2001-12-31 | 0.01% | CN¥60.00K ≈ $8.78K |
CN¥811.28 Million ≈ $118.72 Million |
-0.13pp |
| 2000-12-31 | 0.13% | CN¥1.30 Million ≈ $190.46K |
CN¥971.79 Million ≈ $142.20 Million |
-2.23pp |
| 1997-12-31 | 2.36% | CN¥20.00 Million ≈ $2.93 Million |
CN¥846.21 Million ≈ $123.83 Million |
+1.49pp |
| 1996-12-31 | 0.87% | CN¥6.74 Million ≈ $986.97K |
CN¥773.34 Million ≈ $113.16 Million |
+0.72pp |
| 1995-12-31 | 0.15% | CN¥1.00 Million ≈ $146.33K |
CN¥655.27 Million ≈ $95.89 Million |
-0.84pp |
| 1994-12-31 | 0.99% | CN¥5.51 Million ≈ $806.29K |
CN¥557.73 Million ≈ $81.61 Million |
-6.51pp |
| 1993-12-31 | 7.49% | CN¥42.10 Million ≈ $6.16 Million |
CN¥561.72 Million ≈ $82.20 Million |
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About Xiangyang Automobile Bearing Co Ltd
Xiangyang Automobile Bearing Co., Ltd. researches, develops, manufactures, and sells automobile bearings in China. The company provides ball, TRB, CRB, NRB, CHB, CVJ, CJ, and other bearings. It also offers various bearing products in the areas of machinery, agricultural machinery, household appliances, wind power, etc. The company's products are used in heavy-duty, medium-duty, light-duty, and mi… Read more