Shanghai Kangda New Materials Co Ltd
Kangda New Materials (Group) Co., Ltd. engages in the research and development, production, and sale of structural adhesives in the People's Republic of China. The company operates through adhesives and special resin new materials, electronic information materials and electronic technology segments. The company offers modified acrylate adhesive, organic silica gel, epoxy resin, polyurethane, acry… Read more
Shanghai Kangda New Materials Co Ltd - Asset Resilience Ratio
Shanghai Kangda New Materials Co Ltd (002669) has an Asset Resilience Ratio of 1.69% 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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2008–2023)
This chart shows how Shanghai Kangda New Materials Co Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Shanghai Kangda New Materials Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥121.89 Million | 1.69% |
| Total Liquid Assets | CN¥121.89 Million | 1.69% |
Asset Resilience Insights
- Limited Liquidity: Shanghai Kangda New Materials Co Ltd maintains only 1.69% 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.
Shanghai Kangda New Materials Co Ltd Industry Peers by Asset Resilience Ratio
Compare Shanghai Kangda New Materials Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Chinyang Hold
KO:100250 |
Specialty Chemicals | 12.39% |
|
DL Holdings Co Ltd Preferred
KO:000215 |
Specialty Chemicals | 0.30% |
|
Norooholdings
KO:000320 |
Specialty Chemicals | 6.58% |
|
Noroo Holdings Co Ltd
KO:000325 |
Specialty Chemicals | 6.58% |
|
Samhwa Paint
KO:000390 |
Specialty Chemicals | 0.11% |
|
Chongqing Sanxia Paints Co Ltd
SHE:000565 |
Specialty Chemicals | 45.03% |
|
Hengyi Petrochemical Co Ltd
SHE:000703 |
Specialty Chemicals | 0.17% |
|
Guangdong Xinhui Meida Nylon Co Ltd
SHE:000782 |
Specialty Chemicals | 6.84% |
Annual Asset Resilience Ratio for Shanghai Kangda New Materials Co Ltd (2008–2023)
The table below shows the annual Asset Resilience Ratio data for Shanghai Kangda New Materials Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 1.71% | CN¥121.89 Million | CN¥7.12 Billion | -0.16pp |
| 2022-12-31 | 1.88% | CN¥100.00 Million | CN¥5.33 Billion | -1.73pp |
| 2020-12-31 | 3.61% | CN¥120.00 Million | CN¥3.33 Billion | +0.08pp |
| 2019-12-31 | 3.53% | CN¥90.00 Million | CN¥2.55 Billion | -2.22pp |
| 2018-12-31 | 5.75% | CN¥130.00 Million | CN¥2.26 Billion | -5.57pp |
| 2017-12-31 | 11.32% | CN¥200.00 Million | CN¥1.77 Billion | +11.31pp |
| 2009-12-31 | 0.01% | CN¥10.69K | CN¥182.91 Million | -0.08pp |
| 2008-12-31 | 0.09% | CN¥104.87K | CN¥120.76 Million | -- |