Jikai Equipment Manufacturing Co Ltd - Asset Resilience Ratio
Jikai Equipment Manufacturing Co Ltd (002691) has an Asset Resilience Ratio of 6.91% 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 Jikai Equipment Manufacturing Co Ltd (002691) financial obligations for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2014–2023)
This chart shows how Jikai Equipment Manufacturing Co Ltd's Asset Resilience Ratio has changed over time. See Jikai Equipment Manufacturing Co Ltd shareholders equity for net asset value and shareholders' equity analysis.
Liquid Assets Composition Over Time
This chart breaks down Jikai Equipment Manufacturing 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 Jikai Equipment Manufacturing Co Ltd market capitalisation.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥80.00 Million | 6.91% |
| Total Liquid Assets | CN¥80.00 Million | 6.91% |
Asset Resilience Insights
- Limited Liquidity: Jikai Equipment Manufacturing Co Ltd maintains only 6.91% 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.
Jikai Equipment Manufacturing Co Ltd Industry Peers by Asset Resilience Ratio
Compare Jikai Equipment Manufacturing Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Sany Heavy Industry Co Ltd
SHG:600031 |
Farm & Heavy Construction Machinery | 9.08% |
|
Exor N.V.
AS:EXO |
Farm & Heavy Construction Machinery | 0.92% |
|
Jiangxi Naipu Mining Machinery
SHE:300818 |
Farm & Heavy Construction Machinery | 1.25% |
|
Inner Mongolia North Hauler Joint Stock Co Ltd
SHG:600262 |
Farm & Heavy Construction Machinery | 0.30% |
|
JINSUNG T.E.C. Inc
KQ:036890 |
Farm & Heavy Construction Machinery | 3.59% |
|
Soosan Heavy I
KO:017550 |
Farm & Heavy Construction Machinery | 4.83% |
|
Agrometal S.A.I.
BA:AGRO |
Farm & Heavy Construction Machinery | 2.53% |
|
IMDEX Ltd
AU:IMD |
Farm & Heavy Construction Machinery | 0.20% |
Annual Asset Resilience Ratio for Jikai Equipment Manufacturing Co Ltd (2014–2023)
The table below shows the annual Asset Resilience Ratio data for Jikai Equipment Manufacturing Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 2.65% | CN¥30.00 Million ≈ $4.39 Million |
CN¥1.13 Billion ≈ $165.57 Million |
-4.91pp |
| 2014-12-31 | 7.56% | CN¥70.00 Million ≈ $10.24 Million |
CN¥925.90 Million ≈ $135.49 Million |
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About Jikai Equipment Manufacturing Co Ltd
Jikai Equipment Manufacturing Co., Ltd. researches, develops, manufactures, sells, and serves underground mining machinery in China and internationally. The company offers supporting equipment, such as machines and tools for drilling, mixing, and installing bolts and cables in coal mine roadways support construction; safety drilling rigs for use in underground extraction, water exploration, press… Read more