Songz Automobile Air Conditioning Co Ltd - Asset Resilience Ratio

Latest as of September 2025: 18.30%

Songz Automobile Air Conditioning Co Ltd (002454) has an Asset Resilience Ratio of 18.30% as of September 2025. 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 Songz Automobile Air Conditioning Co Ltd (002454) strategic investment index to assess the company's strategic physical and investment asset allocation.

Liquid Assets

CN¥1.51 Billion
≈ $220.68 Million USD Cash + Short-term Investments

Total Assets

CN¥8.24 Billion
≈ $1.21 Billion USD All company assets

Resilience Assessment

Good
Financial Resilience Level

Asset Resilience Ratio Trend (2012–2024)

This chart shows how Songz Automobile Air Conditioning Co Ltd's Asset Resilience Ratio has changed over time. See 002454 net asset quality score to measure how much of total assets are equity-financed.

Liquid Assets Composition Over Time

This chart breaks down Songz Automobile Air Conditioning 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 002454 company net worth.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥1.51 Billion 18.3%
Total Liquid Assets CN¥1.51 Billion 18.30%

Asset Resilience Insights

  • Good Liquidity Position: Songz Automobile Air Conditioning Co Ltd maintains a healthy 18.30% of assets in liquid form.
  • This level provides good financial flexibility while maintaining productive asset deployment.
  • The company has significant short-term investments, indicating active treasury management.

Songz Automobile Air Conditioning Co Ltd Industry Peers by Asset Resilience Ratio

Compare Songz Automobile Air Conditioning Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Bridgestone Corporation
F:BGTA
Auto Parts 0.24%
CONTINENTAL AG ADR 1/10
F:CONA
Auto Parts 0.38%
Balkrishna Industries Limited
NSE:BALKRISIND
Auto Parts 8.16%
Xiangyang Changyuan Donggu Industry Co Ltd
SHG:603950
Auto Parts 0.84%
Ningbo Kbe Electrical Technology Co
SHE:300863
Auto Parts 0.63%
Shenzhen Changhong Tech
SHE:300151
Auto Parts 10.41%
NINGBO HENGSHUAI Co. LTD.
SHE:300969
Auto Parts 39.73%
Kunshan Huguang Auto Harness Co Ltd
SHG:605333
Auto Parts 2.79%

Annual Asset Resilience Ratio for Songz Automobile Air Conditioning Co Ltd (2012–2024)

The table below shows the annual Asset Resilience Ratio data for Songz Automobile Air Conditioning Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-12-31 9.39% CN¥763.14 Million
≈ $111.67 Million
CN¥8.12 Billion
≈ $1.19 Billion
-3.38pp
2023-12-31 12.78% CN¥941.93 Million
≈ $137.83 Million
CN¥7.37 Billion
≈ $1.08 Billion
+0.41pp
2022-12-31 12.37% CN¥871.62 Million
≈ $127.55 Million
CN¥7.05 Billion
≈ $1.03 Billion
-0.21pp
2021-12-31 12.58% CN¥871.48 Million
≈ $127.52 Million
CN¥6.93 Billion
≈ $1.01 Billion
+5.70pp
2020-12-31 6.88% CN¥450.50 Million
≈ $65.92 Million
CN¥6.55 Billion
≈ $958.24 Million
+1.95pp
2019-12-31 4.92% CN¥286.00 Million
≈ $41.85 Million
CN¥5.81 Billion
≈ $849.81 Million
+5.93pp
2018-12-31 -1.00% CN¥-59.20 Million
≈ $-8.66 Million
CN¥5.90 Billion
≈ $863.54 Million
-0.44pp
2017-12-31 -0.56% CN¥-34.60 Million
≈ $-5.06 Million
CN¥6.15 Billion
≈ $900.62 Million
-0.51pp
2016-12-31 -0.06% CN¥-2.65 Million
≈ $-387.93K
CN¥4.81 Billion
≈ $704.21 Million
-0.90pp
2015-12-31 0.85% CN¥37.02 Million
≈ $5.42 Million
CN¥4.37 Billion
≈ $639.46 Million
+0.88pp
2014-12-31 -0.03% CN¥-1.31 Million
≈ $-191.61K
CN¥3.75 Billion
≈ $548.22 Million
-0.02pp
2013-12-31 -0.02% CN¥-510.96K
≈ $-74.77K
CN¥3.34 Billion
≈ $488.70 Million
-1.40pp
2012-12-31 1.38% CN¥37.78 Million
≈ $5.53 Million
CN¥2.74 Billion
≈ $400.23 Million
--
pp = percentage points

About Songz Automobile Air Conditioning Co Ltd

SHE:002454 China Auto Parts
Market Cap
$489.34 Million
CN¥3.34 Billion CNY
Market Cap Rank
#12502 Global
#3684 in China
Share Price
CN¥5.32
Change (1 day)
-2.03%
52-Week Range
CN¥5.25 - CN¥10.60
All Time High
CN¥14.34
About

Songz Automobile Air Conditioning Co., Ltd provides mobile thermal management systems in China and internationally. Its products include bus thermal management, car thermal management, energy storage thermal management, and rail air conditioning products, as well as cold chain refrigeration units, automotive air conditioning parts, and electrical air conditioning compressors. The company's produc… Read more