Tangshan Jidong Equipment Engineering Co Ltd Asset Resilience Ratio
Tangshan Jidong Equipment Engineering Co Ltd asset resilience ratio. Tangshan Jidong Equipment Engineering Co Ltd (000856) has an Asset Resilience Ratio of 1.74% as of June 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. See Tangshan Jidong Equipment Engineering Co (000856) defensive interval to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Tangshan Jidong Equipment Engineering Co Ltd (1995–2021)
Asset resilience ratio of Tangshan Jidong Equipment Engineering Co Ltd from 1995 to 2021. This chart shows how Tangshan Jidong Equipment Engineering Co Ltd's Asset Resilience Ratio has changed over time. Read debt load of Tangshan Jidong Equipment Engineering Co for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Tangshan Jidong Equipment Engineering 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 balance sheet size of Tangshan Jidong Equipment Engineering Co.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥38.57 Million | 1.74% |
| Total Liquid Assets | CN¥38.57 Million | 1.74% |
Asset Resilience Insights
- Limited Liquidity: Tangshan Jidong Equipment Engineering Co Ltd maintains only 1.74% 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.
Tangshan Jidong Equipment Engineering Co Ltd Industry Peers by Asset Resilience Ratio
Compare Tangshan Jidong Equipment Engineering Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Guangdong Xiongsu Technology Group Co Ltd
SHE:300599 |
Building Products & Equipment | 3.10% |
|
Harbin Air Conditioning Co Ltd
SHG:600202 |
Building Products & Equipment | 0.02% |
|
Huida Sanitary Ware Co Ltd
SHG:603385 |
Building Products & Equipment | 3.39% |
|
Kcc Glass Corp
KO:344820 |
Building Products & Equipment | 5.08% |
|
Ilshinstone
KO:007110 |
Building Products & Equipment | 0.02% |
|
Sunspring Metal Corp
TW:2062 |
Building Products & Equipment | 0.05% |
|
InnoTec TSS AG
F:TSS |
Building Products & Equipment | 16.63% |
|
Libet S.A.
WAR:LBT |
Building Products & Equipment | 0.77% |
Tangshan Jidong Equipment Engineering Co Ltd Asset Resilience Ratio by Year (1995–2021)
Tangshan Jidong Equipment Engineering Co Ltd asset resilience ratio by year from 1995 to 2021. The table below shows the annual Asset Resilience Ratio data for Tangshan Jidong Equipment Engineering Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2021-12-31 | 0.00% | CN¥0.24 ≈ $0.04 |
CN¥1.98 Billion ≈ $289.88 Million |
+10.50pp |
| 2010-12-31 | -10.50% | CN¥-89.84 Million ≈ $-13.15 Million |
CN¥855.72 Million ≈ $125.22 Million |
-10.59pp |
| 2009-12-31 | 0.09% | CN¥798.90K ≈ $116.90K |
CN¥868.67 Million ≈ $127.11 Million |
+0.05pp |
| 2008-12-31 | 0.04% | CN¥415.55K ≈ $60.81K |
CN¥959.02 Million ≈ $140.33 Million |
+6.08pp |
| 2007-12-31 | -6.04% | CN¥-62.20 Million ≈ $-9.10 Million |
CN¥1.03 Billion ≈ $150.72 Million |
-6.04pp |
| 1998-12-31 | 0.00% | CN¥28.50K ≈ $4.17K |
CN¥807.21 Million ≈ $118.12 Million |
+0.00pp |
| 1996-12-31 | 0.00% | CN¥4.00K ≈ $585.33 |
CN¥414.18 Million ≈ $60.61 Million |
0.00pp |
| 1995-12-31 | 0.00% | CN¥4.00K ≈ $585.33 |
CN¥370.94 Million ≈ $54.28 Million |
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About Tangshan Jidong Equipment Engineering Co Ltd
TangshanJidong Equipment and Engineering Co.,Ltd., together with its subsidiaries, manufactures and sells cement equipment in China and internationally. The company offers mechanical equipment and spare parts, including vertical mills, rotary kilns, grate coolers, stackers, reclaimers, and other cement machinery and equipment; mobile crushers and screens, fixed crushers, and other mining equipmen… Read more