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 debt and 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 how much free cash does ZheJiang BangJie Digital Knitting Share generate to measure how efficiently the company converts operating cash flow to free cash.
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 how large is ZheJiang BangJie Digital Knitting Share 's balance sheet.
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 |
|---|---|---|
|
Youngone
KO:111770 |
Apparel Manufacturing | 9.90% |
|
Delta Israel Brands Ltd
TA:DLTI |
Apparel Manufacturing | 2.19% |
|
Cedar Development Co Ltd
SHE:002485 |
Apparel Manufacturing | 0.02% |
|
Xin Hee Co Ltd
SHE:003016 |
Apparel Manufacturing | 7.64% |
|
Rumere Co. Ltd.
SHE:301088 |
Apparel Manufacturing | 33.69% |
|
Qibu Co Ltd
SHG:603557 |
Apparel Manufacturing | 0.29% |
|
Comefly Outdoor Co Ltd
SHG:603908 |
Apparel Manufacturing | 0.01% |
|
Atlantis Yatirim Holding AS
IS:ATSYH |
Apparel Manufacturing | 54.96% |
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 apparel in China and internationally. The company offers underwear, suits, and casual wear 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 and u… Read more