Goody Science & Technology Co Ltd - Asset Resilience Ratio
Goody Science & Technology Co Ltd (002694) has an Asset Resilience Ratio of 0.00% 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. See how liquid is Goody Science & Technology Co Ltd's working capital to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2014–2019)
This chart shows how Goody Science & Technology Co Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Goody Science & Technology Co Ltd asset portfolio.
Liquid Assets Composition Over Time
This chart breaks down Goody Science & Technology Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read Goody Science & Technology Co Ltd balance sheet liabilities for a breakdown of total debt and financial obligations.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥-3.00 | -0.0% |
| Total Liquid Assets | CN¥-3.00 | 0.00% |
Asset Resilience Insights
- Limited Liquidity: Goody Science & Technology Co Ltd maintains only 0.00% 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.
Goody Science & Technology Co Ltd Industry Peers by Asset Resilience Ratio
Compare Goody Science & Technology Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Hunan Oil Pump
SHG:603319 |
Auto Parts | 0.25% |
|
Shanghai Baolong Automotive Corp
SHG:603197 |
Auto Parts | 7.85% |
|
Balkrishna Industries Limited
NSE:BALKRISIND |
Auto Parts | 8.16% |
|
Jiangsu Xinquan Automotive Trim Co Ltd
SHG:603179 |
Auto Parts | 0.82% |
|
Jiangyin Haida Rubber and Plastic Co Ltd Class A
SHE:300320 |
Auto Parts | 3.44% |
|
Shanghai Yanpu Metal Products Co Ltd
SHG:605128 |
Auto Parts | 4.62% |
|
Ningbo Fangzheng Automobile Mould Co.Ltd.
SHE:300998 |
Auto Parts | 1.49% |
|
Thai Stanley Electric Public Company Limited
BK:STANLY |
Auto Parts | 32.23% |
Annual Asset Resilience Ratio for Goody Science & Technology Co Ltd (2014–2019)
The table below shows the annual Asset Resilience Ratio data for Goody Science & Technology Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2019-12-31 | 2.45% | CN¥71.39 Million ≈ $10.45 Million |
CN¥2.92 Billion ≈ $426.67 Million |
+0.44pp |
| 2016-12-31 | 2.00% | CN¥46.00 Million ≈ $6.73 Million |
CN¥2.30 Billion ≈ $335.90 Million |
-1.40pp |
| 2015-12-31 | 3.40% | CN¥76.30 Million ≈ $11.17 Million |
CN¥2.24 Billion ≈ $328.19 Million |
+2.23pp |
| 2014-12-31 | 1.17% | CN¥28.00 Million ≈ $4.10 Million |
CN¥2.39 Billion ≈ $350.11 Million |
-- |
About Goody Science & Technology Co Ltd
Goody Science and Technology Co., Ltd., together with its subsidiaries, engages in the research, development, production, and sale of plastic pipes under the Goody, tryit, and Guanyang brands in China. The company offers polyethylene, polypropylene, and polyvinyl chloride pipes, such as supply pipes, drainage and sewage pipes, power communication tubes, agricultural irrigation pipes, fishery aqua… Read more