Zhejiang Weixing Industrial Development Co Ltd
Zhejiang Weixing Industrial Development Co., Ltd. engages in the production and sale of clothing accessories in China and internationally. Its products include buttons, zippers, metal and plastic, ribbons, ropes, labels, signs, and other clothing and luggage accessories products under SAB brand. The company was founded in 1976 and is based in Linhai, China.
Zhejiang Weixing Industrial Development Co Ltd - Asset Resilience Ratio
Zhejiang Weixing Industrial Development Co Ltd (002003) has an Asset Resilience Ratio of 0.24% 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 (2015–2023)
This chart shows how Zhejiang Weixing Industrial Development 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 Weixing Industrial Development 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¥16.00 Million | 0.24% |
| Total Liquid Assets | CN¥16.00 Million | 0.24% |
Asset Resilience Insights
- Limited Liquidity: Zhejiang Weixing Industrial Development Co Ltd maintains only 0.24% 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 Weixing Industrial Development Co Ltd Industry Peers by Asset Resilience Ratio
Compare Zhejiang Weixing Industrial Development Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Apparel Manufacturing Associates Inc
PINK:APPM |
Apparel Manufacturing | 0.00% |
|
BYC Co Ltd
KO:001465 |
Apparel Manufacturing | 11.25% |
|
Fujian Septwolves Industry Co Ltd
SHE:002029 |
Apparel Manufacturing | 24.85% |
|
Vivien Corp
KO:002070 |
Apparel Manufacturing | 7.13% |
|
Fujian SBS Zipper Science Tech
SHE:002098 |
Apparel Manufacturing | 2.88% |
|
Shanghai Metersbonwe Fashion&Accessories Co Ltd
SHE:002269 |
Apparel Manufacturing | -27.71% |
|
Zhejiang Jiaxin Silk Corp Ltd
SHE:002404 |
Apparel Manufacturing | 8.11% |
|
Cedar Development Co Ltd
SHE:002485 |
Apparel Manufacturing | 0.02% |
Annual Asset Resilience Ratio for Zhejiang Weixing Industrial Development Co Ltd (2015–2023)
The table below shows the annual Asset Resilience Ratio data for Zhejiang Weixing Industrial Development Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | -0.32% | CN¥-19.22 Million | CN¥6.03 Billion | +1.90pp |
| 2022-12-31 | -2.22% | CN¥-105.91 Million | CN¥4.77 Billion | -1.78pp |
| 2021-12-31 | -0.43% | CN¥-17.57 Million | CN¥4.04 Billion | -1.17pp |
| 2020-12-31 | 0.73% | CN¥25.00 Million | CN¥3.40 Billion | +1.29pp |
| 2019-12-31 | -0.56% | CN¥-19.40 Million | CN¥3.47 Billion | -1.44pp |
| 2018-12-31 | 0.88% | CN¥27.97 Million | CN¥3.17 Billion | -2.86pp |
| 2016-12-31 | 3.74% | CN¥100.00 Million | CN¥2.67 Billion | -2.07pp |
| 2015-12-31 | 5.81% | CN¥125.00 Million | CN¥2.15 Billion | -- |