Shanghai Challenge Textile Co Ltd - Asset Resilience Ratio

Latest as of March 2024: -0.82%

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. See how liquid is Shanghai Challenge Textile Co Ltd's working capital to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

CN¥-9.94 Million

≈ $-1.45 Million USD Cash + Short-term Investments

Total Assets

CN¥1.20 Billion

≈ $176.31 Million USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio Trend (2014–2023)

This chart shows how Shanghai Challenge Textile Co Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Shanghai Challenge Textile Co Ltd assets under control.

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. Read Shanghai Challenge Textile Co Ltd total liabilities for a breakdown of total debt and financial obligations.

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
Yoong Onn Corporation Bhd KLSE:5159	Textile Manufacturing	22.89%
HMT(Xiamen)New Technical SHG:603306	Textile Manufacturing	0.07%
TongKun Group Co Ltd SHG:601233	Textile Manufacturing	0.15%
Tainan Spinning Co Ltd TW:1440	Textile Manufacturing	5.63%
Hangzhou Chinastars Reflective Material Co.Ltd. SHE:301077	Textile Manufacturing	15.16%
Kingdom Holdings Limited F:K7A	Textile Manufacturing	0.58%
Gabriel Holding CO:GABR	Textile Manufacturing	0.00%
Aarvee Denims & Exports Limited NSE:AARVEEDEN	Textile Manufacturing	3.22%

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 ≈ $-1.21 Million	CN¥1.23 Billion ≈ $179.83 Million	-0.72pp
2021-12-31	0.05%	CN¥618.00K ≈ $90.43K	CN¥1.23 Billion ≈ $179.47 Million	-5.62pp
2020-12-31	5.67%	CN¥71.06 Million ≈ $10.40 Million	CN¥1.25 Billion ≈ $183.31 Million	+5.79pp
2019-12-31	-0.12%	CN¥-1.31 Million ≈ $-191.09K	CN¥1.10 Billion ≈ $161.02 Million	--
2018-12-31	0.00%	CN¥0.00 ≈ $0.00	CN¥1.11 Billion ≈ $162.61 Million	--
2017-12-31	-0.26%	CN¥-3.81 Million ≈ $-558.23K	CN¥1.48 Billion ≈ $216.42 Million	-2.07pp
2014-12-31	1.81%	CN¥30.00 Million ≈ $4.39 Million	CN¥1.66 Billion ≈ $242.88 Million	--

pp = percentage points

About Shanghai Challenge Textile Co Ltd

SHE:002486 China Textile Manufacturing

Market Cap

$338.94 Million

CN¥2.32 Billion CNY

Market Cap Rank

#14362 Global

#4291 in China

Share Price

CN¥2.81

Change (1 day)

+1.44%

52-Week Range

CN¥2.10 - CN¥3.33

All Time High

CN¥13.60