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. See Tangshan Jidong Equipment Engineering Co current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

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. For the complete balance sheet picture, see 000856 total assets.

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. Explore investment intensity of Tangshan Jidong Equipment Engineering Co to see how much of total assets are deployed in long-term investments.

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
ROCKWOOL International A/S
CO:ROCK-B
Building Products & Equipment -3.68%
Zhejiang Weixing New Building Materials Co Ltd
SHE:002372
Building Products & Equipment 12.27%
Tarkett SA
PA:TKTT
Building Products & Equipment 8.86%
D&O Home Collection Co Ltd
SHE:002798
Building Products & Equipment -0.43%
Schweiter Technologies AG
SW:SWTQ
Building Products & Equipment 9.84%
Harbin Air Conditioning Co Ltd
SHG:600202
Building Products & Equipment 0.02%
Orient Bell Limited
NSE:ORIENTBELL
Building Products & Equipment 9.81%
Identiv Inc
NASDAQ:INVE
Building Products & Equipment 0.58%

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
$287.00 Million
CN¥1.96 Billion CNY
Market Cap Rank
#15148 Global
#4493 in China
Share Price
CN¥8.64
Change (1 day)
-0.12%
52-Week Range
CN¥6.76 - CN¥12.31
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