Guangzhou Echom Sci&Tech Co Ltd - Asset Resilience Ratio

Latest as of March 2024: 0.45%

Guangzhou Echom Sci&Tech Co Ltd (002420) has an Asset Resilience Ratio of 0.45% as of March 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. Read Guangzhou Echom Sci&Tech Co Ltd (002420) financial obligations for a breakdown of total debt and financial obligations.

Liquid Assets

CN¥10.00 Million
≈ $1.46 Million USD Cash + Short-term Investments

Total Assets

CN¥2.22 Billion
≈ $324.82 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2021–2023)

This chart shows how Guangzhou Echom Sci&Tech Co Ltd's Asset Resilience Ratio has changed over time. See Guangzhou Echom Sci&Tech Co Ltd net assets for net asset value and shareholders' equity analysis.

Liquid Assets Composition Over Time

This chart breaks down Guangzhou Echom Sci&Tech 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 Guangzhou Echom Sci&Tech Co Ltd market capitalisation.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥10.00 Million 0.45%
Total Liquid Assets CN¥10.00 Million 0.45%

Asset Resilience Insights

  • Limited Liquidity: Guangzhou Echom Sci&Tech Co Ltd maintains only 0.45% 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.

Guangzhou Echom Sci&Tech Co Ltd Industry Peers by Asset Resilience Ratio

Compare Guangzhou Echom Sci&Tech Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Goertek Inc
SHE:002241
Consumer Electronics 2.98%
Shenzhen Transsion Holdings Co Ltd
SHG:688036
Consumer Electronics 19.89%
Edifier Technology Co Ltd
SHE:002351
Consumer Electronics 43.55%
Shenzhen Absen Optoelectronic Co Ltd
SHE:300389
Consumer Electronics 2.65%
Bang & Olufsen
CO:BO
Consumer Electronics 10.77%
Hanpin Electron Co Ltd
TW:2488
Consumer Electronics 26.54%
Audio Pixels Holdings Ltd
AU:AKP
Consumer Electronics 79.73%
Global View Co Ltd
TW:3040
Consumer Electronics 0.01%

Annual Asset Resilience Ratio for Guangzhou Echom Sci&Tech Co Ltd (2021–2023)

The table below shows the annual Asset Resilience Ratio data for Guangzhou Echom Sci&Tech Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 0.00% CN¥37.63K
≈ $5.51K
CN¥2.29 Billion
≈ $334.51 Million
0.00pp
2022-12-31 0.00% CN¥40.23K
≈ $5.89K
CN¥2.09 Billion
≈ $305.63 Million
0.00pp
2021-12-31 0.00% CN¥64.52K
≈ $9.44K
CN¥1.98 Billion
≈ $289.72 Million
--
pp = percentage points

About Guangzhou Echom Sci&Tech Co Ltd

SHE:002420 China Consumer Electronics
Market Cap
$440.55 Million
CN¥3.01 Billion CNY
Market Cap Rank
#13215 Global
#4153 in China
Share Price
CN¥7.32
Change (1 day)
-0.54%
52-Week Range
CN¥5.66 - CN¥8.75
All Time High
CN¥12.68
About

Guangzhou Echom Sci.&Tech.Co.,Ltd engages in the design, production, and sales of television, white appliance, and automobile structural parts in China and internationally. The company offers interior and exterior, thermal management, and lightweight products; and energy storage system structural components. It also provides healthcare products, including reaction cups, deep hole plates, PCR tube… Read more