Chang Lan Electric Technology Co Ltd - Asset Resilience Ratio
Chang Lan Electric Technology Co Ltd (002879) has an Asset Resilience Ratio of 3.70% as of March 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 002879 total debt and obligations for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2020–2022)
This chart shows how Chang Lan Electric Technology Co Ltd's Asset Resilience Ratio has changed over time. See Chang Lan Electric Technology Co Ltd (002879) net assets for net asset value and shareholders' equity analysis.
Liquid Assets Composition Over Time
This chart breaks down Chang Lan Electric Technology 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 002879 stock market capitalisation.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥80.00 Million | 3.7% |
| Total Liquid Assets | CN¥80.00 Million | 3.70% |
Asset Resilience Insights
- Limited Liquidity: Chang Lan Electric Technology Co Ltd maintains only 3.70% 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.
Chang Lan Electric Technology Co Ltd Industry Peers by Asset Resilience Ratio
Compare Chang Lan Electric Technology Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Huagong Tech Co Ltd
SHE:000988 |
Electrical Equipment & Parts | 0.64% |
|
Ecopro BM. Co. Ltd
KQ:247540 |
Electrical Equipment & Parts | 0.34% |
|
Hongfa Technology Co Ltd
SHG:600885 |
Electrical Equipment & Parts | 0.00% |
|
Nantong Haixing Electronics Co Ltd
SHG:603115 |
Electrical Equipment & Parts | 1.71% |
|
Zhejiang Wanma Co Ltd
SHE:002276 |
Electrical Equipment & Parts | 0.33% |
|
Sinomag Technology Co Ltd
SHE:300835 |
Electrical Equipment & Parts | 0.01% |
|
Dongguan Aohai Technology Co
SHE:002993 |
Electrical Equipment & Parts | 15.96% |
|
HEG Limited
NSE:HEG |
Electrical Equipment & Parts | 16.10% |
Annual Asset Resilience Ratio for Chang Lan Electric Technology Co Ltd (2020–2022)
The table below shows the annual Asset Resilience Ratio data for Chang Lan Electric Technology Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2022-12-31 | 3.15% | CN¥70.00 Million ≈ $10.24 Million |
CN¥2.22 Billion ≈ $324.82 Million |
-14.15pp |
| 2020-12-31 | 17.30% | CN¥340.00 Million ≈ $49.75 Million |
CN¥1.96 Billion ≈ $287.51 Million |
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About Chang Lan Electric Technology Co Ltd
Chang Lan Technology Group Co., Ltd. engages in the research and development, production, sale, and service of power cable accessories and supporting products in China and internationally. The company's products include cable and smart accessories; and grounding devices. It also offers cable engineering equipment comprising crimping tool, insultation exploitation knife, cable grinder, hoist, cabl… Read more