Jiangsu Zhongchao Cable Co Ltd Asset Resilience Ratio

Latest as of June 2024: 0.01%

Jiangsu Zhongchao Cable Co Ltd asset resilience ratio. Jiangsu Zhongchao Cable Co Ltd (002471) has an Asset Resilience Ratio of 0.01% 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. See 002471 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Liquid Assets

CN¥809.85K
≈ $118.51K USD Cash + Short-term Investments

Total Assets

CN¥5.59 Billion
≈ $817.54 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio of Jiangsu Zhongchao Cable Co Ltd (2012–2018)

Asset resilience ratio of Jiangsu Zhongchao Cable Co Ltd from 2012 to 2018. This chart shows how Jiangsu Zhongchao Cable Co Ltd's Asset Resilience Ratio has changed over time. Read 002471 total liabilities for a breakdown of total debt and financial obligations.

Liquid Assets Composition Over Time

This chart breaks down Jiangsu Zhongchao Cable Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For the complete balance sheet picture, see Jiangsu Zhongchao Cable Co Ltd (002471) total assets.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥809.85K 0.01%
Total Liquid Assets CN¥809.85K 0.01%

Asset Resilience Insights

  • Limited Liquidity: Jiangsu Zhongchao Cable Co Ltd maintains only 0.01% 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.

Jiangsu Zhongchao Cable Co Ltd Industry Peers by Asset Resilience Ratio

Compare Jiangsu Zhongchao Cable Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Ecopro BM. Co. Ltd
KQ:247540
Electrical Equipment & Parts 0.34%
Chengdu Xuguang Electronics Co Ltd
SHG:600353
Electrical Equipment & Parts 0.56%
Nuode Investment Co Ltd
SHG:600110
Electrical Equipment & Parts 0.01%
Keli Sensing Technology Ningbo Co Ltd
SHG:603662
Electrical Equipment & Parts 14.45%
Hunan Changyuan Lico Co Ltd
SHG:688779
Electrical Equipment & Parts 9.38%
China National Electric Apparatus R
SHG:688128
Electrical Equipment & Parts 0.71%
Shenzhen Hello Tech Energy Co. Ltd. A
SHE:301327
Electrical Equipment & Parts 30.33%
Warom Technology Inc Co
SHG:603855
Electrical Equipment & Parts 0.63%

Jiangsu Zhongchao Cable Co Ltd Asset Resilience Ratio by Year (2012–2018)

Jiangsu Zhongchao Cable Co Ltd asset resilience ratio by year from 2012 to 2018. The table below shows the annual Asset Resilience Ratio data for Jiangsu Zhongchao Cable Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2018-12-31 0.01% CN¥465.27K
≈ $68.08K
CN¥8.16 Billion
≈ $1.19 Billion
+0.00pp
2017-12-31 0.00% CN¥400.70K
≈ $58.64K
CN¥9.16 Billion
≈ $1.34 Billion
+0.00pp
2016-12-31 0.00% CN¥263.26K
≈ $38.52K
CN¥8.51 Billion
≈ $1.25 Billion
+0.00pp
2015-12-31 0.00% CN¥118.50K
≈ $17.34K
CN¥8.42 Billion
≈ $1.23 Billion
0.00pp
2014-12-31 0.00% CN¥126.50K
≈ $18.51K
CN¥6.09 Billion
≈ $890.65 Million
0.00pp
2013-12-31 0.00% CN¥127.23K
≈ $18.62K
CN¥5.23 Billion
≈ $765.53 Million
0.00pp
2012-12-31 0.00% CN¥174.75K
≈ $25.57K
CN¥4.93 Billion
≈ $721.09 Million
--
pp = percentage points

About Jiangsu Zhongchao Cable Co Ltd

SHE:002471 China Electrical Equipment & Parts
Market Cap
$911.33 Million
CN¥6.23 Billion CNY
Market Cap Rank
#8945 Global
#2106 in China
Share Price
CN¥4.55
Change (1 day)
-2.78%
52-Week Range
CN¥4.06 - CN¥10.75
All Time High
CN¥11.63
About

Jiangsu Zhongchao Holding Co., Ltd. engages in the research, development, production, sale, and servicing of wires and cables in China and internationally. The company offers electrical equipment wires and cables, bare wires and cable materials, and cable accessories; 1-35kV cross-linked polyethylene insulated power cables, medium and low voltage power cables, 66kV and above high-voltage cross-li… Read more