GuangDong Rifeng Electric Cable Co Ltd
Guangdong Rifeng Electric Cable Co., Ltd. engages in the research and development, design, manufacture, and sale of rubber-sheathed cables in the People's Republic of China and internationally. The company offers air-conditioning connecting wire components, small household appliances wiring components, special equipment cables, and communication equipment components. Its products are used in air … Read more
GuangDong Rifeng Electric Cable Co Ltd - Asset Resilience Ratio
GuangDong Rifeng Electric Cable Co Ltd (002953) has an Asset Resilience Ratio of 0.58% as of September 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 (2011–2023)
This chart shows how GuangDong Rifeng Electric Cable 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 GuangDong Rifeng Electric Cable 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¥20.00 Million | 0.58% |
| Total Liquid Assets | CN¥20.00 Million | 0.58% |
Asset Resilience Insights
- Limited Liquidity: GuangDong Rifeng Electric Cable Co Ltd maintains only 0.58% 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.
GuangDong Rifeng Electric Cable Co Ltd Industry Peers by Asset Resilience Ratio
Compare GuangDong Rifeng Electric Cable Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Shenzhen Huaqiang Industry Co Ltd
SHE:000062 |
Electronics & Computer Distribution | 0.16% |
|
Pineapple Resources Bhd
KLSE:0006 |
Electronics & Computer Distribution | 3.58% |
|
Telling Telecommunication Holding Co Ltd
SHE:000829 |
Electronics & Computer Distribution | 0.06% |
|
Unisplendour Corp Ltd
SHE:000938 |
Electronics & Computer Distribution | 0.28% |
|
Shenzhen H&T Intelligent Control Co Ltd
SHE:002402 |
Electronics & Computer Distribution | 2.11% |
|
Beijing Oriental Jicheng Co Ltd
SHE:002819 |
Electronics & Computer Distribution | 27.24% |
|
Artroniq Berhad
KLSE:0038 |
Electronics & Computer Distribution | 1.91% |
|
Vsolar Group Bhd
KLSE:0066 |
Electronics & Computer Distribution | 37.87% |
Annual Asset Resilience Ratio for GuangDong Rifeng Electric Cable Co Ltd (2011–2023)
The table below shows the annual Asset Resilience Ratio data for GuangDong Rifeng Electric Cable Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 0.02% | CN¥541.69K | CN¥3.11 Billion | -0.01pp |
| 2022-12-31 | 0.03% | CN¥782.26K | CN¥2.87 Billion | +0.01pp |
| 2021-12-31 | 0.02% | CN¥400.14K | CN¥2.62 Billion | -6.19pp |
| 2020-12-31 | 6.20% | CN¥90.00 Million | CN¥1.45 Billion | -9.91pp |
| 2019-12-31 | 16.12% | CN¥200.96 Million | CN¥1.25 Billion | +16.10pp |
| 2017-12-31 | 0.02% | CN¥168.40K | CN¥789.68 Million | -0.78pp |
| 2011-12-31 | 0.81% | CN¥4.00 Million | CN¥496.59 Million | -- |