GuangDong Rifeng Electric Cable Co Ltd - Asset Resilience Ratio

Latest as of September 2024: 0.58%

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. Read GuangDong Rifeng Electric Cable Co Ltd (002953) financial obligations for a breakdown of total debt and financial obligations.

Liquid Assets

CN¥20.00 Million

≈ $2.93 Million USD Cash + Short-term Investments

Total Assets

CN¥3.44 Billion

≈ $503.43 Million USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio Trend (2011–2023)

This chart shows how GuangDong Rifeng Electric Cable Co Ltd's Asset Resilience Ratio has changed over time. See GuangDong Rifeng Electric Cable Co Ltd (002953) shareholders funds for net asset value and shareholders' equity analysis.

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. For market capitalisation and broader financial context, see 002953 company net worth.

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
Berkah Prima Perkasa Tbk PT JK:BLUE	Electronics & Computer Distribution	10.05%
FORTEC Elektronik AG F:FEV	Electronics & Computer Distribution	0.32%
Ambertech Ltd AU:AMO	Electronics & Computer Distribution	6.60%
TTA Holdings Ltd AU:TTA	Electronics & Computer Distribution	13.32%
Multilaser Industrial SA SA:MLAS3	Electronics & Computer Distribution	8.29%
Unisplendour Corp Ltd SHE:000938	Electronics & Computer Distribution	0.28%
Shenzhen Huaqiang Industry Co Ltd SHE:000062	Electronics & Computer Distribution	0.14%
Shenzhen H&T Intelligent Control Co Ltd SHE:002402	Electronics & Computer Distribution	2.11%

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 ≈ $79.27K	CN¥3.11 Billion ≈ $454.75 Million	-0.01pp
2022-12-31	0.03%	CN¥782.26K ≈ $114.47K	CN¥2.87 Billion ≈ $420.14 Million	+0.01pp
2021-12-31	0.02%	CN¥400.14K ≈ $58.55K	CN¥2.62 Billion ≈ $383.44 Million	-6.19pp
2020-12-31	6.20%	CN¥90.00 Million ≈ $13.17 Million	CN¥1.45 Billion ≈ $212.25 Million	-9.91pp
2019-12-31	16.12%	CN¥200.96 Million ≈ $29.41 Million	CN¥1.25 Billion ≈ $182.45 Million	+16.10pp
2017-12-31	0.02%	CN¥168.40K ≈ $24.64K	CN¥789.68 Million ≈ $115.55 Million	-0.78pp
2011-12-31	0.81%	CN¥4.00 Million ≈ $585.33K	CN¥496.59 Million ≈ $72.67 Million	--

pp = percentage points

About GuangDong Rifeng Electric Cable Co Ltd

SHE:002953 China Electronics & Computer Distribution

Market Cap

$851.69 Million

CN¥5.82 Billion CNY

Market Cap Rank

#9845 Global

#2784 in China

Share Price

CN¥11.84

Change (1 day)

-0.50%

52-Week Range

CN¥9.77 - CN¥16.10

All Time High

CN¥19.45