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. Check strategic asset allocation of Xiangyang Automobile Bearing Co Ltd to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (1993–2023)
This chart shows how Xiangyang Automobile Bearing Co Ltd's Asset Resilience Ratio has changed over time. See how leveraged is Xiangyang Automobile Bearing Co Ltd's balance sheet to measure how much of total assets are equity-financed.
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 market capitalisation and broader financial context, see market cap 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 |
|---|---|---|
|
Bridgestone Corporation
F:BGTA |
Auto Parts | 0.24% |
|
CONTINENTAL AG ADR 1/10
F:CONA |
Auto Parts | 0.38% |
|
Balkrishna Industries Limited
NSE:BALKRISIND |
Auto Parts | 8.16% |
|
Xiangyang Changyuan Donggu Industry Co Ltd
SHG:603950 |
Auto Parts | 0.84% |
|
Ningbo Kbe Electrical Technology Co
SHE:300863 |
Auto Parts | 0.63% |
|
Shenzhen Changhong Tech
SHE:300151 |
Auto Parts | 10.41% |
|
NINGBO HENGSHUAI Co. LTD.
SHE:300969 |
Auto Parts | 39.73% |
|
Kunshan Huguang Auto Harness Co Ltd
SHG:605333 |
Auto Parts | 2.79% |
Annual Asset Resilience Ratio for Xiangyang Automobile Bearing Co Ltd (1993–2023)
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