Zhejiang Busen Garments Co Ltd Asset Resilience Ratio

Latest as of December 2022: 1.43%

Zhejiang Busen Garments Co Ltd asset resilience ratio. Zhejiang Busen Garments Co Ltd (002569) has an Asset Resilience Ratio of 1.43% as of December 2022. 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 Zhejiang Busen Garments Co Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

Liquid Assets

CN¥4.22 Million
≈ $617.34K USD Cash + Short-term Investments

Total Assets

CN¥295.61 Million
≈ $43.26 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio of Zhejiang Busen Garments Co Ltd (2018–2022)

Asset resilience ratio of Zhejiang Busen Garments Co Ltd from 2018 to 2022. This chart shows how Zhejiang Busen Garments Co Ltd's Asset Resilience Ratio has changed over time. Read debt load of Zhejiang Busen Garments Co Ltd for a breakdown of total debt and financial obligations.

Liquid Assets Composition Over Time

This chart breaks down Zhejiang Busen Garments 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 002569 asset base.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥4.22 Million 1.43%
Total Liquid Assets CN¥4.22 Million 1.43%

Asset Resilience Insights

  • Limited Liquidity: Zhejiang Busen Garments Co Ltd maintains only 1.43% 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.

Zhejiang Busen Garments Co Ltd Industry Peers by Asset Resilience Ratio

Compare Zhejiang Busen Garments Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Dazzle Fashion Co Ltd
SHG:603587
Apparel Manufacturing 12.60%
Guararapes Confecções S.A
SA:GUAR3
Apparel Manufacturing 6.02%
Xin Hee Co Ltd
SHE:003016
Apparel Manufacturing 7.64%
Van de Velde NV
BR:VAN
Apparel Manufacturing 19.28%
Anzheng Fashion
SHG:603839
Apparel Manufacturing 6.46%
Sun Tekstil Sanayi ve Ticaret A.S.
IS:SUNTK
Apparel Manufacturing 8.02%
Globe International Ltd
AU:GLB
Apparel Manufacturing 0.60%
GLG Corp Ltd
AU:GLE
Apparel Manufacturing 13.14%

Zhejiang Busen Garments Co Ltd Asset Resilience Ratio by Year (2018–2022)

Zhejiang Busen Garments Co Ltd asset resilience ratio by year from 2018 to 2022. The table below shows the annual Asset Resilience Ratio data for Zhejiang Busen Garments Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2022-12-31 1.43% CN¥4.22 Million
≈ $617.34K
CN¥295.61 Million
≈ $43.26 Million
-18.46pp
2021-12-31 19.89% CN¥76.09 Million
≈ $11.13 Million
CN¥382.52 Million
≈ $55.97 Million
+19.12pp
2020-12-31 0.77% CN¥3.00 Million
≈ $438.99K
CN¥390.64 Million
≈ $57.16 Million
+0.46pp
2018-12-31 0.30% CN¥2.00 Million
≈ $292.66K
CN¥659.07 Million
≈ $96.44 Million
--
pp = percentage points

About Zhejiang Busen Garments Co Ltd

SHE:002569 China Apparel Manufacturing
Market Cap
$211.79 Million
CN¥1.45 Billion CNY
Market Cap Rank
#16126 Global
#4601 in China
Share Price
CN¥10.05
Change (1 day)
+0.70%
52-Week Range
CN¥9.70 - CN¥17.64
All Time High
CN¥58.00
About

Zhejiang Busen Garments Co., Ltd., together with its subsidiaries, engages in the design, production, and sale of menswear under the Busen Menswear brand in China and internationally. The company offers work protective clothing, accessories, apparel, knitwear, leather products, and electronic products through online, direct, franchise, and group buying sales channels. It also provides processing … Read more