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. Read how much debt does Zhejiang Busen Garments Co Ltd carry for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2018–2022)
This chart shows how Zhejiang Busen Garments Co Ltd's Asset Resilience Ratio has changed over time. See shareholders equity of Zhejiang Busen Garments Co Ltd for net asset value and shareholders' equity analysis.
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 market capitalisation and broader financial context, see Zhejiang Busen Garments Co Ltd (002569) market capitalisation.
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 |
|---|---|---|
|
Levi Strauss & Co Class A
NYSE:LEVI |
Apparel Manufacturing | 1.33% |
|
F&F Co Ltd
KO:383220 |
Apparel Manufacturing | 0.00% |
|
Jiangsu Hongdou Industrial Co Ltd
SHG:600400 |
Apparel Manufacturing | 1.02% |
|
Zhejiang Jasan Holding Group Co Ltd
SHG:603558 |
Apparel Manufacturing | 0.03% |
|
Shanghai Kai Kai Industry Co Ltd A
SHG:600272 |
Apparel Manufacturing | 7.42% |
|
Hubei Mailyard Share Co Ltd
SHG:600107 |
Apparel Manufacturing | 15.95% |
|
Van de Velde NV
BR:VAN |
Apparel Manufacturing | 19.28% |
|
Agabang&Company
KQ:013990 |
Apparel Manufacturing | 0.21% |
Annual Asset Resilience Ratio for Zhejiang Busen Garments Co Ltd (2018–2022)
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 |
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About Zhejiang Busen Garments Co Ltd
Zhejiang Busen Garments Co., Ltd., together with its subsidiaries, designs, produces, and sells men's brand clothing in China and internationally. The company offers labor protective clothing, apparel, knitwear, and leather products through online and offline distribution, and direct and sales. It also provides technology promotion and application, and software and information technology services… Read more