Shanghai Challenge Textile Co Ltd
Shanghai Challenge Textile Co.,Ltd. engages in the research and development of knitted weft-knitted functional fabrics and garments. It offers sports functional fabrics; fleece fabrics; functional chemical fiber fabrics, wool products, ready-made clothes and other high-end fabrics, and medical protective equipments. Shanghai Challenge Textile Co.,Ltd. was founded in 2001 and is headquartered in S… Read more
Shanghai Challenge Textile Co Ltd - Asset Resilience Ratio
Shanghai Challenge Textile Co Ltd (002486) has an Asset Resilience Ratio of -0.82% 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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2014–2023)
This chart shows how Shanghai Challenge Textile Co Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Shanghai Challenge Textile Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥-9.94 Million | -0.82% |
| Total Liquid Assets | CN¥-9.94 Million | -0.82% |
Asset Resilience Insights
- Limited Liquidity: Shanghai Challenge Textile Co Ltd maintains only -0.82% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
Shanghai Challenge Textile Co Ltd Industry Peers by Asset Resilience Ratio
Compare Shanghai Challenge Textile Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Shenzhen Textile Holdings Co Ltd
SHE:000045 |
Textile Manufacturing | 13.61% |
|
Kyungbangco.Ltd
KO:000050 |
Textile Manufacturing | 0.01% |
|
Shijiazhuang Changshan Textile Co Ltd
SHE:000158 |
Textile Manufacturing | 0.06% |
|
Jilin Chemical Fibre Co Ltd
SHE:000420 |
Textile Manufacturing | 1.34% |
|
Lu Thai Textile Co Ltd
SHE:000726 |
Textile Manufacturing | 11.29% |
|
Anhui Huamao Textile Co Ltd
SHE:000850 |
Textile Manufacturing | 16.68% |
|
Xinxiang Chemical Fiber Co Ltd
SHE:000949 |
Textile Manufacturing | 0.52% |
|
Chonbang
KO:000950 |
Textile Manufacturing | 27.45% |
Annual Asset Resilience Ratio for Shanghai Challenge Textile Co Ltd (2014–2023)
The table below shows the annual Asset Resilience Ratio data for Shanghai Challenge Textile Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | -0.67% | CN¥-8.26 Million | CN¥1.23 Billion | -0.72pp |
| 2021-12-31 | 0.05% | CN¥618.00K | CN¥1.23 Billion | -5.62pp |
| 2020-12-31 | 5.67% | CN¥71.06 Million | CN¥1.25 Billion | +5.79pp |
| 2019-12-31 | -0.12% | CN¥-1.31 Million | CN¥1.10 Billion | -- |
| 2018-12-31 | 0.00% | CN¥0.00 | CN¥1.11 Billion | -- |
| 2017-12-31 | -0.26% | CN¥-3.81 Million | CN¥1.48 Billion | -2.07pp |
| 2014-12-31 | 1.81% | CN¥30.00 Million | CN¥1.66 Billion | -- |