ZheJiang BangJie Digital Knitting Share Co Ltd - Asset Resilience Ratio
ZheJiang BangJie Digital Knitting Share Co Ltd (002634) has an Asset Resilience Ratio of 2.63% as of June 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. Read ZheJiang BangJie Digital Knitting Share total liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2016–2023)
This chart shows how ZheJiang BangJie Digital Knitting Share Co Ltd's Asset Resilience Ratio has changed over time. See shareholders equity of ZheJiang BangJie Digital Knitting Share for net asset value and shareholders' equity analysis.
Liquid Assets Composition Over Time
This chart breaks down ZheJiang BangJie Digital Knitting Share 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 ZheJiang BangJie Digital Knitting Share market cap and net worth.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥147.39 Million | 2.63% |
| Total Liquid Assets | CN¥147.39 Million | 2.63% |
Asset Resilience Insights
- Limited Liquidity: ZheJiang BangJie Digital Knitting Share Co Ltd maintains only 2.63% 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.
ZheJiang BangJie Digital Knitting Share Co Ltd Industry Peers by Asset Resilience Ratio
Compare ZheJiang BangJie Digital Knitting Share Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
LPP S.A.
WAR:LPP |
Apparel Manufacturing | 4.35% |
|
Zhejiang Weixing Industrial Development Co Ltd
SHE:002003 |
Apparel Manufacturing | 0.24% |
|
Guararapes Confecções S.A
SA:GUAR3 |
Apparel Manufacturing | 6.79% |
|
Qingdao Kutesmart Co Ltd
SHE:300840 |
Apparel Manufacturing | 9.80% |
|
Anzheng Fashion
SHG:603839 |
Apparel Manufacturing | 6.46% |
|
Cedar Development Co Ltd
SHE:002485 |
Apparel Manufacturing | 0.02% |
|
Van de Velde NV
BR:VAN |
Apparel Manufacturing | 19.28% |
|
Modern Avenue Group Co Ltd
SHE:002656 |
Apparel Manufacturing | 12.48% |
Annual Asset Resilience Ratio for ZheJiang BangJie Digital Knitting Share Co Ltd (2016–2023)
The table below shows the annual Asset Resilience Ratio data for ZheJiang BangJie Digital Knitting Share Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 4.27% | CN¥210.54 Million ≈ $30.81 Million |
CN¥4.93 Billion ≈ $721.26 Million |
+0.94pp |
| 2022-12-31 | 3.33% | CN¥43.00 Million ≈ $6.29 Million |
CN¥1.29 Billion ≈ $188.99 Million |
-2.02pp |
| 2017-12-31 | 5.35% | CN¥61.47 Million ≈ $8.99 Million |
CN¥1.15 Billion ≈ $168.17 Million |
+4.42pp |
| 2016-12-31 | 0.93% | CN¥10.12 Million ≈ $1.48 Million |
CN¥1.09 Billion ≈ $159.94 Million |
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About ZheJiang BangJie Digital Knitting Share Co Ltd
Zhejiang Bangjie Holding Group Co.,Ltd engages in the research and development, weaving, and marketing of seamless garments in China and internationally. The company offers underwear, knitted, and suit series products; sports and outdoor wear comprising beach wear, sportswear, outdoor travel wear, etc.; casual wear products, including family wear, pajamas, etc.; fashion products, such as youth an… Read more