Rongyu Group Co Ltd
Whole Shine Medical Technology Co., Ltd. engages in the oral medical services business in China. The company is also involved in the research and development, production, and sale of permanent magnet switches and high and low voltage switch complete sets of equipment products; provision of high-voltage switchgears, low voltage switchgear of other models, permanent magnet indoor high voltage vacuu… Read more
Rongyu Group Co Ltd - Asset Resilience Ratio
Rongyu Group Co Ltd (002622) has an Asset Resilience Ratio of 0.05% as of September 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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2016–2023)
This chart shows how Rongyu Group Co Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Rongyu Group Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥714.18K | 0.05% |
| Total Liquid Assets | CN¥714.18K | 0.05% |
Asset Resilience Insights
- Limited Liquidity: Rongyu Group Co Ltd maintains only 0.05% 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.
Rongyu Group Co Ltd Industry Peers by Asset Resilience Ratio
Compare Rongyu Group Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Hanil Vacuum Co. Ltd
KQ:123840 |
Specialty Industrial Machinery | 0.02% |
|
Ivisionworks Co.,Ltd.
KQ:469750 |
Specialty Industrial Machinery | 37.88% |
|
Huayi Compressor Co Ltd
SHE:000404 |
Specialty Industrial Machinery | 1.38% |
|
Shenyang Machine Tool Co Ltd
SHE:000410 |
Specialty Industrial Machinery | -6.78% |
|
North Industries Group Red Arrow Co Ltd
SHE:000519 |
Specialty Industrial Machinery | 0.33% |
|
Changchai Co Ltd
SHE:000570 |
Specialty Industrial Machinery | 6.78% |
|
Jiangsu Youli Investment Holding Co Ltd
SHE:000584 |
Specialty Industrial Machinery | 1.07% |
|
Baota Industry Co Ltd
SHE:000595 |
Specialty Industrial Machinery | 1.20% |
Annual Asset Resilience Ratio for Rongyu Group Co Ltd (2016–2023)
The table below shows the annual Asset Resilience Ratio data for Rongyu Group Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 0.05% | CN¥714.18K | CN¥1.54 Billion | -0.16pp |
| 2022-12-31 | 0.21% | CN¥3.39 Million | CN¥1.64 Billion | -1.46pp |
| 2019-12-31 | 1.67% | CN¥29.50 Million | CN¥1.77 Billion | +1.60pp |
| 2018-12-31 | 0.07% | CN¥1.25 Million | CN¥1.87 Billion | -12.55pp |
| 2016-12-31 | 12.62% | CN¥160.00 Million | CN¥1.27 Billion | -- |