Rongyu Group Co Ltd Asset Resilience Ratio
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. See Rongyu Group Co Ltd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Rongyu Group Co Ltd (2016–2023)
Asset resilience ratio of Rongyu Group Co Ltd from 2016 to 2023. This chart shows how Rongyu Group Co Ltd's Asset Resilience Ratio has changed over time. Read Rongyu Group Co Ltd debt and liabilities for a breakdown of total debt and financial obligations.
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. For the complete balance sheet picture, see 002622 total assets.
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 |
|---|---|---|
|
NARI Technology Co Ltd
SHG:600406 |
Specialty Industrial Machinery | 16.07% |
|
Beijing Roborock Technology Co Ltd
SHG:688169 |
Specialty Industrial Machinery | 28.79% |
|
X-Energy, Inc. Class A Common Stock
NASDAQ:XE |
Specialty Industrial Machinery | 21.72% |
|
Zhejiang Kaishan Compressor
SHE:300257 |
Specialty Industrial Machinery | -1.03% |
|
Guangdong Yizumi Precision Machinery Co Ltd
SHE:300415 |
Specialty Industrial Machinery | 1.19% |
|
Inox Wind Limited
NSE:INOXWIND |
Specialty Industrial Machinery | 5.16% |
|
Neway CNC Equipment Suzhou Co Ltd
SHG:688697 |
Specialty Industrial Machinery | 15.88% |
|
Hunan Yujing Machinery Co Ltd Class A
SHE:002943 |
Specialty Industrial Machinery | 0.99% |
Rongyu Group Co Ltd Asset Resilience Ratio by Year (2016–2023)
Rongyu Group Co Ltd asset resilience ratio by year from 2016 to 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 ≈ $104.51K |
CN¥1.54 Billion ≈ $224.75 Million |
-0.16pp |
| 2022-12-31 | 0.21% | CN¥3.39 Million ≈ $496.65K |
CN¥1.64 Billion ≈ $239.31 Million |
-1.46pp |
| 2019-12-31 | 1.67% | CN¥29.50 Million ≈ $4.32 Million |
CN¥1.77 Billion ≈ $258.45 Million |
+1.60pp |
| 2018-12-31 | 0.07% | CN¥1.25 Million ≈ $182.77K |
CN¥1.87 Billion ≈ $273.82 Million |
-12.55pp |
| 2016-12-31 | 12.62% | CN¥160.00 Million ≈ $23.41 Million |
CN¥1.27 Billion ≈ $185.55 Million |
-- |
About 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