Shenke Slide Bearing Corp - Asset Resilience Ratio
Shenke Slide Bearing Corp (002633) has an Asset Resilience Ratio of 18.73% as of March 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 working capital position of Shenke Slide Bearing Corp to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2018–2020)
This chart shows how Shenke Slide Bearing Corp's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see 002633 total assets.
Liquid Assets Composition Over Time
This chart breaks down Shenke Slide Bearing Corp's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read 002633 total debt and obligations for a breakdown of total debt and financial obligations.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥122.26 Million | 18.73% |
| Total Liquid Assets | CN¥122.26 Million | 18.73% |
Asset Resilience Insights
- Good Liquidity Position: Shenke Slide Bearing Corp maintains a healthy 18.73% of assets in liquid form.
- This level provides good financial flexibility while maintaining productive asset deployment.
- The company has significant short-term investments, indicating active treasury management.
Shenke Slide Bearing Corp Industry Peers by Asset Resilience Ratio
Compare Shenke Slide Bearing Corp's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Mueller Industries Inc
NYSE:MLI |
Metal Fabrication | 0.64% |
|
Ningbo Zhenyu Technology Co. Ltd.
SHE:300953 |
Metal Fabrication | 2.39% |
|
Luoyang Xinqianglian Slewing Bearin
SHE:300850 |
Metal Fabrication | 2.10% |
|
Qingdao Yunlu Advanced Materials Technology Co. Ltd. A
SHG:688190 |
Metal Fabrication | 7.64% |
|
Shanghai Yahong Moulding Co Ltd
SHG:603159 |
Metal Fabrication | 8.51% |
|
Dongguan Chitwing Technology Co Ltd
SHE:002855 |
Metal Fabrication | 0.02% |
|
JL MAG RARE-EARTH H YC1
F:3KLA |
Metal Fabrication | 2.86% |
|
Lee Chi Enterprises Co Ltd
TW:1517 |
Metal Fabrication | 19.90% |
Annual Asset Resilience Ratio for Shenke Slide Bearing Corp (2018–2020)
The table below shows the annual Asset Resilience Ratio data for Shenke Slide Bearing Corp.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2020-12-31 | 2.41% | CN¥15.13 Million ≈ $2.21 Million |
CN¥627.29 Million ≈ $91.79 Million |
-2.26pp |
| 2018-12-31 | 4.68% | CN¥29.00 Million ≈ $4.24 Million |
CN¥620.16 Million ≈ $90.75 Million |
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About Shenke Slide Bearing Corp
Shenke Slide Bearing Corporation, together with its subsidiaries, researches, develops, produces, and sells thick-walled sliding bearings, and parts and kits in the People's Republic of China and internationally. It offers DQY end cover sliding bearing series and ZQ/ZQKT pedestal sliding bearing series, which are used in large and medium-sized AC and DC motors, and other rotating machinery. The c… Read more