Jiamei Food Packaging Chuzhou Co Asset Resilience Ratio

Latest as of September 2024: 3.73%

Jiamei Food Packaging Chuzhou Co asset resilience ratio. 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 how many days can Jiamei Food Packaging Chuzhou Co fund operations to measure how many days the company can operate on defensive assets alone.

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 of Jiamei Food Packaging Chuzhou Co (2019–2023)

Asset resilience ratio of Jiamei Food Packaging Chuzhou Co from 2019 to 2023. This chart shows how Jiamei Food Packaging Chuzhou Co's Asset Resilience Ratio has changed over time. Read 002969 current and long-term liabilities for a breakdown of total debt and financial obligations.

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. For the complete balance sheet picture, see 002969 total asset value.

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
Verallia
PA:VRLA
Packaging & Containers 8.95%
Shanghai Zijiang Enterprise Group Co Ltd
SHG:600210
Packaging & Containers 1.02%
Shenzhen Beauty Star Co Ltd
SHE:002243
Packaging & Containers 2.16%
Guangdong Enpack Packaging Co Ltd
SHE:002846
Packaging & Containers 0.00%
Thai Metal Drum Manufacturing Public Company Limited
BK:TMD
Packaging & Containers 27.94%
Worth Peripherals Limited
NSE:WORTHPERI
Packaging & Containers 11.16%
Amcor Plc
AU:AMC
Packaging & Containers -0.32%
Orora Ltd
AU:ORA
Packaging & Containers 5.31%

Jiamei Food Packaging Chuzhou Co Asset Resilience Ratio by Year (2019–2023)

Jiamei Food Packaging Chuzhou Co asset resilience ratio by year from 2019 to 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
$1.48 Billion
CN¥10.10 Billion CNY
Market Cap Rank
#7011 Global
#1399 in China
Share Price
CN¥9.19
Change (1 day)
-3.87%
52-Week Range
CN¥3.58 - 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