Zhejiang Busen Garments Co Ltd Asset Resilience Ratio
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
Total Assets
Resilience Assessment
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 |
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About Zhejiang Busen Garments Co Ltd
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