ZheJiang BangJie Digital Knitting Share Co Ltd - Asset Resilience Ratio

Latest as of June 2024: 2.63%

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. Explore ZheJiang BangJie Digital Knitting Share long-term investment intensity to see how much of total assets are deployed in long-term investments.

Liquid Assets

CN¥147.39 Million
≈ $21.57 Million USD Cash + Short-term Investments

Total Assets

CN¥5.60 Billion
≈ $819.99 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

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 002634 defensive interval ratio to measure how many days the company can operate on defensive assets alone.

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 the complete balance sheet picture, see ZheJiang BangJie Digital Knitting Share total assets.

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
Youngor Group Co Ltd
SHG:600177
Apparel Manufacturing 1.18%
Zhejiang Semir Garment Co Ltd
SHE:002563
Apparel Manufacturing 4.99%
Zhejiang Baoxiniao Garment Co Ltd
SHE:002154
Apparel Manufacturing 4.47%
Gokaldas Exports Limited
NSE:GOKEX
Apparel Manufacturing 6.64%
In The F
KO:014990
Apparel Manufacturing 1.05%
Creas F&C Co.Ltd
KQ:110790
Apparel Manufacturing 2.49%
Jindo.Co. Ltd
KO:088790
Apparel Manufacturing 18.26%
Globe International Ltd
AU:GLB
Apparel Manufacturing 0.60%

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
--
pp = percentage points

About ZheJiang BangJie Digital Knitting Share Co Ltd

SHE:002634 China Apparel Manufacturing
Market Cap
$301.14 Million
CN¥2.06 Billion CNY
Market Cap Rank
#14879 Global
#4436 in China
Share Price
CN¥4.48
Change (1 day)
+8.21%
52-Week Range
CN¥3.51 - CN¥9.67
All Time High
CN¥16.58
About

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