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. Check strategic asset allocation of Shanghai Challenge Textile Co Ltd to assess the company's strategic physical and investment asset allocation.

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. See 002486 equity financing ratio to measure how much of total assets are equity-financed.

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. For market capitalisation and broader financial context, see market value of Shanghai Challenge Textile Co Ltd.

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
Alok Industries Limited NSE:ALOKINDS	Textile Manufacturing	1.47%
Zhejiang Unifull Industrial Fibre Co Ltd SHE:002427	Textile Manufacturing	0.01%
Hunan Huasheng Co Ltd SHG:600156	Textile Manufacturing	5.20%
Guangdong Modern High Tech Fiber Co SHE:300876	Textile Manufacturing	0.11%
SEONGAN CO. Ltd KO:011300	Textile Manufacturing	1.38%
Reward Wool Industry Corp TW:1423	Textile Manufacturing	25.94%
Lu Thai Textile SHE:200726	Textile Manufacturing	7.56%
Tung Ho Textile Co Ltd TW:1414	Textile Manufacturing	10.19%

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

$270.19 Million

CN¥1.85 Billion CNY

Market Cap Rank

#15428 Global

#4538 in China

Share Price

CN¥2.24

Change (1 day)

-3.03%

52-Week Range

CN¥2.24 - CN¥3.33

All Time High

CN¥13.60