Zhejiang Bofay Elec Co Ltd
Zhejiang Bofay Electric Co., Ltd. engages in the research, development, production, and sale of polymer composite materials in China and internationally. The company's products include insulation resin series, slot wedges and laminates, insulation binding wire, tape, rope; mica composite insulating material, and other electrical materials. Its insulating materials are used for applications in win… Read more
Zhejiang Bofay Elec Co Ltd - Asset Resilience Ratio
Zhejiang Bofay Elec Co Ltd (001255) has an Asset Resilience Ratio of 0.36% as of June 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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2019–2019)
This chart shows how Zhejiang Bofay Elec Co Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Zhejiang Bofay Elec Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥3.60 Million | 0.36% |
| Total Liquid Assets | CN¥3.60 Million | 0.36% |
Asset Resilience Insights
- Limited Liquidity: Zhejiang Bofay Elec Co Ltd maintains only 0.36% 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.
Zhejiang Bofay Elec Co Ltd Industry Peers by Asset Resilience Ratio
Compare Zhejiang Bofay Elec Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Akzo Nobel N.V
OTCQX:AKZOF |
Specialty Chemicals | 2.16% |
|
YeSUN Tech Co.Ltd.
KQ:250930 |
Specialty Chemicals | 2.89% |
|
Hangzhou Flariant Co Ltd
SHG:605566 |
Specialty Chemicals | 0.27% |
|
Samhwa Paint
KO:000390 |
Specialty Chemicals | 0.11% |
|
DL Holdings CO. LTD.
KO:000210 |
Specialty Chemicals | 0.30% |
|
Norooholdings
KO:000320 |
Specialty Chemicals | 6.58% |
|
Noroo Holdings Co Ltd
KO:000325 |
Specialty Chemicals | 6.58% |
|
Chongqing Sanxia Paints Co Ltd
SHE:000565 |
Specialty Chemicals | 45.03% |
Annual Asset Resilience Ratio for Zhejiang Bofay Elec Co Ltd (2019–2019)
The table below shows the annual Asset Resilience Ratio data for Zhejiang Bofay Elec Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2019-12-31 | 1.17% | CN¥4.00 Million | CN¥342.15 Million | -- |