Shanghai Pret Composites - Asset Resilience Ratio
Shanghai Pret Composites (002324) has an Asset Resilience Ratio of 0.27% as of September 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. See 002324 net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2020–2023)
This chart shows how Shanghai Pret Composites's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see 002324 current and non-current assets.
Liquid Assets Composition Over Time
This chart breaks down Shanghai Pret Composites's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore Shanghai Pret Composites long-term investment allocation 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¥31.50 Million | 0.27% |
| Total Liquid Assets | CN¥31.50 Million | 0.27% |
Asset Resilience Insights
- Limited Liquidity: Shanghai Pret Composites maintains only 0.27% 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.
Shanghai Pret Composites Industry Peers by Asset Resilience Ratio
Compare Shanghai Pret Composites's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Shenzhen Senior Technology Material Co Ltd
SHE:300568 |
Chemicals | 0.92% |
|
Shaanxi Lighte Optoelectronics Material Co. Ltd. A
SHG:688150 |
Chemicals | 20.97% |
|
Guangzhou Lingwe Technology Co. Ltd. A
SHE:301373 |
Chemicals | 4.34% |
|
Guangdong Rongtai Industry Co Ltd
SHG:600589 |
Chemicals | 0.00% |
|
Darbond Technology Co. Ltd. A
SHG:688035 |
Chemicals | 11.22% |
|
Jingsu Jingshen Salt&Chem
SHG:603299 |
Chemicals | 2.88% |
|
GRIPM Advanced Materials Co. Ltd. A
SHG:688456 |
Chemicals | 0.15% |
|
Shandong Kaisheng New Materials Co.Ltd.
SHE:301069 |
Chemicals | 20.69% |
Annual Asset Resilience Ratio for Shanghai Pret Composites (2020–2023)
The table below shows the annual Asset Resilience Ratio data for Shanghai Pret Composites.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 0.26% | CN¥31.50 Million ≈ $4.61 Million |
CN¥11.91 Billion ≈ $1.74 Billion |
-0.10pp |
| 2022-12-31 | 0.37% | CN¥31.50 Million ≈ $4.61 Million |
CN¥8.61 Billion ≈ $1.26 Billion |
-1.83pp |
| 2021-12-31 | 2.20% | CN¥101.50 Million ≈ $14.85 Million |
CN¥4.62 Billion ≈ $675.65 Million |
+1.48pp |
| 2020-12-31 | 0.71% | CN¥31.50 Million ≈ $4.61 Million |
CN¥4.41 Billion ≈ $645.25 Million |
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About Shanghai Pret Composites
Shanghai Pret Composites Co., Ltd. engages in the research and development, production, sale, and service of polymer and composite materials in China. It offers modified polyolefin materials use in automotive parts, electronic appliances, aerospace, two-wheeled vehicles, power and energy storage systems, low-altitude flight, robotics, and other fields; and LCP resin, LCP composites, LCP film, and… Read more