Jiangsu Zhongchao Cable Co Ltd - Asset Resilience Ratio

Latest as of June 2024: 0.01%

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 Jiangsu Zhongchao Cable Co Ltd current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

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 Trend (2012–2018)

This chart shows how Jiangsu Zhongchao Cable Co Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Jiangsu Zhongchao Cable Co Ltd total assets.

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. Explore Jiangsu Zhongchao Cable Co Ltd (002471) long-term investment share 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¥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
Shenzhen Inovance Tech SHE:300124	Electrical Equipment & Parts	4.12%
Shenzhen Honor Electronic Co Ltd SHE:300870	Electrical Equipment & Parts	5.73%
Tongding Interconnection Information SHE:002491	Electrical Equipment & Parts	4.79%
Zhejiang Wanma Co Ltd SHE:002276	Electrical Equipment & Parts	0.33%
Zenner Metering Technology (Shanghai) Ltd. A SHE:301303	Electrical Equipment & Parts	19.90%
LS Materials KQ:417200	Electrical Equipment & Parts	22.21%
Shenzhen Jiawei Photovoltaic Lighting Co Ltd SHE:300317	Electrical Equipment & Parts	0.24%
Dongguan Aohai Technology Co SHE:002993	Electrical Equipment & Parts	14.61%

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

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

$1.19 Billion

CN¥8.16 Billion CNY

Market Cap Rank

#8194 Global

#1902 in China

Share Price

CN¥5.96

Change (1 day)

+9.96%

52-Week Range

CN¥4.06 - CN¥10.75

All Time High

CN¥11.63