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. Check Zhejiang Weixing Industrial Development (002003) strategic investment index to assess the company's strategic physical and investment asset allocation.
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. See 002003 equity to assets ratio to measure how much of total assets are equity-financed.
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. For market capitalisation and broader financial context, see Zhejiang Weixing Industrial Development (002003) market capitalisation.
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 |
|---|---|---|
|
Makalot Industrial Co Ltd
TW:1477 |
Apparel Manufacturing | 12.44% |
|
Ribo Fashion Group Co Ltd
SHG:603196 |
Apparel Manufacturing | 15.08% |
|
Guararapes Confecções S.A
SA:GUAR3 |
Apparel Manufacturing | 6.02% |
|
Sichuan Langsha Holding Ltd
SHG:600137 |
Apparel Manufacturing | 28.66% |
|
iFabric Corp
TO:IFA |
Apparel Manufacturing | 68.66% |
|
Iris Clothings Limited
NSE:IRISDOREME |
Apparel Manufacturing | 0.59% |
|
Agabang&Company
KQ:013990 |
Apparel Manufacturing | 0.21% |
|
Nature Holdings Co. Ltd.
KQ:298540 |
Apparel Manufacturing | 2.26% |
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 ≈ $-2.81 Million |
CN¥6.03 Billion ≈ $882.33 Million |
+1.90pp |
| 2022-12-31 | -2.22% | CN¥-105.91 Million ≈ $-15.50 Million |
CN¥4.77 Billion ≈ $698.46 Million |
-1.78pp |
| 2021-12-31 | -0.43% | CN¥-17.57 Million ≈ $-2.57 Million |
CN¥4.04 Billion ≈ $591.04 Million |
-1.17pp |
| 2020-12-31 | 0.73% | CN¥25.00 Million ≈ $3.66 Million |
CN¥3.40 Billion ≈ $497.93 Million |
+1.29pp |
| 2019-12-31 | -0.56% | CN¥-19.40 Million ≈ $-2.84 Million |
CN¥3.47 Billion ≈ $508.46 Million |
-1.44pp |
| 2018-12-31 | 0.88% | CN¥27.97 Million ≈ $4.09 Million |
CN¥3.17 Billion ≈ $464.28 Million |
-2.86pp |
| 2016-12-31 | 3.74% | CN¥100.00 Million ≈ $14.63 Million |
CN¥2.67 Billion ≈ $391.39 Million |
-2.07pp |
| 2015-12-31 | 5.81% | CN¥125.00 Million ≈ $18.29 Million |
CN¥2.15 Billion ≈ $315.07 Million |
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About 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.