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. Check Rongyu Group Co Ltd strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
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 market capitalisation and broader financial context, see market value of Rongyu Group Co Ltd.
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 |
|---|---|---|
|
Vestas Wind Systems A/S
CO:VWS |
Specialty Industrial Machinery | 0.62% |
|
Nordex SE
F:NDX1 |
Specialty Industrial Machinery | 0.07% |
|
Shandong Himile Mechanical Science & Technology Co Ltd
SHE:002595 |
Specialty Industrial Machinery | 3.44% |
|
Beijing Roborock Technology Co Ltd
SHG:688169 |
Specialty Industrial Machinery | 30.88% |
|
AVIC Heavy Machinery Co Ltd
SHG:600765 |
Specialty Industrial Machinery | 0.02% |
|
HSD Engine Co Ltd
KO:082740 |
Specialty Industrial Machinery | 10.07% |
|
Jiangsu Huahong Technology Co Ltd
SHE:002645 |
Specialty Industrial Machinery | 1.91% |
|
Shanghai Taisheng Wind Power
SHE:300129 |
Specialty Industrial Machinery | 6.02% |
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 ≈ $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 |
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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