Rendong Holdings Co Ltd - Asset Resilience Ratio

Latest as of September 2023: -1.15%

Rendong Holdings Co Ltd (002647) has an Asset Resilience Ratio of -1.15% as of September 2023. 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 debt load of Rendong Holdings Co Ltd for a breakdown of total debt and financial obligations.

Liquid Assets

CN¥-50.37 Million
≈ $-7.37 Million USD Cash + Short-term Investments

Total Assets

CN¥4.39 Billion
≈ $643.02 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2015–2015)

This chart shows how Rendong Holdings Co Ltd's Asset Resilience Ratio has changed over time. See shareholders equity of Rendong Holdings Co Ltd for net asset value and shareholders' equity analysis.

Liquid Assets Composition Over Time

This chart breaks down Rendong Holdings 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 how much is Rendong Holdings Co Ltd worth.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥-50.37 Million -1.15%
Total Liquid Assets CN¥-50.37 Million -1.15%

Asset Resilience Insights

  • Limited Liquidity: Rendong Holdings Co Ltd maintains only -1.15% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company primarily holds liquidity in cash and equivalents rather than short-term investments.

Rendong Holdings Co Ltd Industry Peers by Asset Resilience Ratio

Compare Rendong Holdings Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
First Capital Securities Co Ltd Class A
SHE:002797
Financial Conglomerates 20.57%
Consórcio Alfa de Administração S.A
SA:BRGE3
Financial Conglomerates 53.20%
Investsmart Group Ltd
AU:INV
Financial Conglomerates 0.13%
AMP Ltd
AU:AMP
Financial Conglomerates 21.50%
Kina Securities Ltd
AU:KSL
Financial Conglomerates 15.80%
Financeira Alfa S.A. - Crédito Financiamento e Investimentos
SA:CRIV3
Financial Conglomerates 0.85%
Sequoia Financial Group Ltd
AU:SEQ
Financial Conglomerates 30.13%
BICECORP S.A
SN:BICECORP
Financial Conglomerates 9.51%

Annual Asset Resilience Ratio for Rendong Holdings Co Ltd (2015–2015)

The table below shows the annual Asset Resilience Ratio data for Rendong Holdings Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2015-12-31 1.01% CN¥21.37 Million
≈ $3.13 Million
CN¥2.12 Billion
≈ $309.79 Million
--
pp = percentage points

About Rendong Holdings Co Ltd

SHE:002647 China Financial Conglomerates
Market Cap
$1.92 Billion
CN¥13.09 Billion CNY
Market Cap Rank
#6528 Global
#1463 in China
Share Price
CN¥11.58
Change (1 day)
-3.02%
52-Week Range
CN¥5.00 - CN¥13.80
All Time High
CN¥64.25
About

Rendong Holdings Co., Ltd. provides financial services in China. It offers third-party payment, financial leasing, factoring, supply chain management, and other financial technology-related services. The company was formerly known as Meson Fintech Co., Ltd. and changed its name to Rendong Holdings Co., Ltd. in August 2018. Rendong Holdings Co., Ltd. was founded in 1998 and is headquartered in Bei… Read more