Rongyu Group Co Ltd - Asset Resilience Ratio

Latest as of September 2024: 0.05%

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. Check strategic asset allocation of Rongyu Group Co Ltd to assess the company's strategic physical and investment asset allocation.

Liquid Assets

CN¥714.18K

≈ $104.51K USD Cash + Short-term Investments

Total Assets

CN¥1.57 Billion

≈ $229.12 Million USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio Trend (2016–2023)

This chart shows how Rongyu Group Co Ltd's Asset Resilience Ratio has changed over time. See Rongyu Group Co Ltd net asset quality index to measure how much of total assets are equity-financed.

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 002622 stock market capitalisation.

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
Beijing Roborock Technology Co Ltd SHG:688169	Specialty Industrial Machinery	30.88%
Nidec Corporation F:NIB1	Specialty Industrial Machinery	0.08%
Kaori Heat Treatment Co Ltd TW:8996	Specialty Industrial Machinery	0.61%
Suzhou TZTEK Technology Co Ltd SHG:688003	Specialty Industrial Machinery	0.78%
Ningbo Haitian Precision Machinery Co Ltd SHG:601882	Specialty Industrial Machinery	3.38%
Suzhou Shijia Science & Technology Inc SHE:002796	Specialty Industrial Machinery	3.53%
Jiangsu Guomao Reducer Co Ltd SHG:603915	Specialty Industrial Machinery	29.22%
Shanghai Taisheng Wind Power SHE:300129	Specialty Industrial Machinery	1.66%

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	--

pp = percentage points

About Rongyu Group Co Ltd

SHE:002622 China Specialty Industrial Machinery

Market Cap

$276.57 Million

CN¥1.89 Billion CNY

Market Cap Rank

#15326 Global

#4523 in China

Share Price

CN¥2.25

Change (1 day)

-2.17%

52-Week Range

CN¥2.25 - CN¥4.30

All Time High

CN¥15.91