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. Read 000856 total debt and obligations for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (1995–2021)
This chart shows how Tangshan Jidong Equipment Engineering Co Ltd's Asset Resilience Ratio has changed over time. See Tangshan Jidong Equipment Engineering Co net assets for net asset value and shareholders' equity analysis.
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 market capitalisation and broader financial context, see 000856 company net worth.
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 |
|---|---|---|
|
Zhejiang Youpon Integrated Ceiling Co Ltd
SHE:002718 |
Building Products & Equipment | 0.18% |
|
Surya Toto Indonesia Tbk
JK:TOTO |
Building Products & Equipment | 7.83% |
|
Hardwyn India Limited
NSE:HARDWYN |
Building Products & Equipment | 0.37% |
|
Suprema ID Inc
KQ:317770 |
Building Products & Equipment | 3.64% |
|
Nuvotec
KQ:060260 |
Building Products & Equipment | 4.89% |
|
GWA Group Ltd
AU:GWA |
Building Products & Equipment | 7.07% |
|
Embelton Ltd
AU:EMB |
Building Products & Equipment | 0.28% |
|
Oldfields Holdings Ltd
AU:OLH |
Building Products & Equipment | 8.27% |
Annual Asset Resilience Ratio for Tangshan Jidong Equipment Engineering Co Ltd (1995–2021)
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