Tangshan Jidong Equipment Engineering Co Ltd - Asset Resilience Ratio

Latest as of June 2022: 1.74%

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

CN¥38.57 Million
≈ $5.64 Million USD Cash + Short-term Investments

Total Assets

CN¥2.22 Billion
≈ $324.45 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

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
--
pp = percentage points

About Tangshan Jidong Equipment Engineering Co Ltd

SHE:000856 China Building Products & Equipment
Market Cap
$342.14 Million
CN¥2.34 Billion CNY
Market Cap Rank
#14413 Global
#4522 in China
Share Price
CN¥10.30
Change (1 day)
+2.49%
52-Week Range
CN¥9.59 - CN¥12.63
All Time High
CN¥43.95
About

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