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. See GuangDong Rifeng Electric Cable Co Ltd (002953) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

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. For the complete balance sheet picture, see 002953 asset base.

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. Read total liabilities of GuangDong Rifeng Electric Cable Co Ltd 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¥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
TUL Corporation TWO:6150	Electronics & Computer Distribution	0.20%
Berkah Prima Perkasa Tbk PT JK:BLUE	Electronics & Computer Distribution	10.05%
Groupe LDLC SA PA:ALLDL	Electronics & Computer Distribution	6.80%
Kworld Computer Co Ltd TWO:3287	Electronics & Computer Distribution	25.02%
Ambertech Ltd AU:AMO	Electronics & Computer Distribution	2.22%
Multilaser Industrial SA SA:MLAS3	Electronics & Computer Distribution	11.75%
Unisplendour Corp Ltd SHE:000938	Electronics & Computer Distribution	0.28%
Shenzhen Huaqiang Industry Co Ltd SHE:000062	Electronics & Computer Distribution	0.07%

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

$758.18 Million

CN¥5.18 Billion CNY

Market Cap Rank

#10197 Global

#2701 in China

Share Price

CN¥10.54

Change (1 day)

+2.73%

52-Week Range

CN¥8.50 - CN¥14.01

All Time High

CN¥19.45