Jiamei Food Packaging Chuzhou Co - Asset Resilience Ratio

Latest as of September 2024: 3.73%

Jiamei Food Packaging Chuzhou Co (002969) has an Asset Resilience Ratio of 3.73% 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 Jiamei Food Packaging Chuzhou Co (002969) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

CN¥155.77 Million
≈ $22.79 Million USD Cash + Short-term Investments

Total Assets

CN¥4.18 Billion
≈ $611.75 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2019–2023)

This chart shows how Jiamei Food Packaging Chuzhou Co's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Jiamei Food Packaging Chuzhou Co total assets.

Liquid Assets Composition Over Time

This chart breaks down Jiamei Food Packaging Chuzhou Co's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read Jiamei Food Packaging Chuzhou Co (002969) total 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¥155.77 Million 3.73%
Total Liquid Assets CN¥155.77 Million 3.73%

Asset Resilience Insights

  • Limited Liquidity: Jiamei Food Packaging Chuzhou Co maintains only 3.73% 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.

Jiamei Food Packaging Chuzhou Co Industry Peers by Asset Resilience Ratio

Compare Jiamei Food Packaging Chuzhou Co's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
E. Pairis S.A
AT:PAIR
Packaging & Containers 1.90%
Verallia
PA:VRLA
Packaging & Containers 8.95%
Guangdong New Grand Long Packing Co Ltd
SHE:002836
Packaging & Containers 23.15%
Irani Papel e Embalagem S.A
SA:RANI3
Packaging & Containers 18.00%
Youlchon Chem
KO:008730
Packaging & Containers 1.06%
Mold-Tek Packaging Limited
NSE:MOLDTKPAC
Packaging & Containers 1.24%
Tunas Alfin Tbk
JK:TALF
Packaging & Containers 0.17%
Thai Plaspac Public Company Limited
BK:TPAC
Packaging & Containers 0.10%

Annual Asset Resilience Ratio for Jiamei Food Packaging Chuzhou Co (2019–2023)

The table below shows the annual Asset Resilience Ratio data for Jiamei Food Packaging Chuzhou Co.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 3.51% CN¥153.32 Million
≈ $22.43 Million
CN¥4.37 Billion
≈ $639.82 Million
+0.93pp
2022-12-31 2.57% CN¥115.37 Million
≈ $16.88 Million
CN¥4.48 Billion
≈ $655.68 Million
-3.33pp
2021-12-31 5.90% CN¥275.72 Million
≈ $40.35 Million
CN¥4.67 Billion
≈ $683.84 Million
+5.78pp
2020-12-31 0.12% CN¥4.50 Million
≈ $658.49K
CN¥3.61 Billion
≈ $528.54 Million
-0.11pp
2019-12-31 0.24% CN¥9.00 Million
≈ $1.32 Million
CN¥3.79 Billion
≈ $555.22 Million
--
pp = percentage points

About Jiamei Food Packaging Chuzhou Co

SHE:002969 China Packaging & Containers
Market Cap
$1.84 Billion
CN¥12.59 Billion CNY
Market Cap Rank
#6491 Global
#1301 in China
Share Price
CN¥11.46
Change (1 day)
+1.69%
52-Week Range
CN¥3.44 - CN¥33.39
All Time High
CN¥33.39
About

Jiamei Food Packaging (Chuzhou) Co.,Ltd, together with its subsidiaries, engages in the research, design, development, production, and sale of food and beverage packaging containers in China. The company offers three-piece, two-piece, ABC, TBC, and SBC cans; tinplate printing; and aseptic paper packaging services. It also provides beverage filling and bottling services. In addition, the company i… Read more