Zhejiang Truelove Vogue Co Ltd
Zhejiang Truelove Vogue Co., Ltd. researches and develops, designs, manufactures, and sells blankets, carpets, and bedding in China. It offers raschel blankets, kits, suits, quilts, and pillow cores, and other household textile products under the True Love brand name. The company also provides towels, home clothes, and other textiles and packaging products. The company also exports its products. … Read more
Zhejiang Truelove Vogue Co Ltd - Asset Resilience Ratio
Zhejiang Truelove Vogue Co Ltd (003041) has an Asset Resilience Ratio of 1.92% as of June 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 (2012–2022)
This chart shows how Zhejiang Truelove Vogue 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 Zhejiang Truelove Vogue 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¥40.00 Million | 1.92% |
| Total Liquid Assets | CN¥40.00 Million | 1.92% |
Asset Resilience Insights
- Limited Liquidity: Zhejiang Truelove Vogue Co Ltd maintains only 1.92% 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.
Zhejiang Truelove Vogue Co Ltd Industry Peers by Asset Resilience Ratio
Compare Zhejiang Truelove Vogue Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Wisher Industrial Co Ltd
TW:1465 |
Textile Manufacturing | 19.02% |
|
Kyungbangco.Ltd
KO:000050 |
Textile Manufacturing | 0.01% |
|
Shijiazhuang Changshan Textile Co Ltd
SHE:000158 |
Textile Manufacturing | 0.06% |
|
Jilin Chemical Fibre Co Ltd
SHE:000420 |
Textile Manufacturing | 1.34% |
|
Anhui Huamao Textile Co Ltd
SHE:000850 |
Textile Manufacturing | 16.68% |
|
Xinxiang Chemical Fiber Co Ltd
SHE:000949 |
Textile Manufacturing | 0.52% |
|
Chonbang
KO:000950 |
Textile Manufacturing | 27.45% |
|
Xinlong Holding Group Co Ltd
SHE:000955 |
Textile Manufacturing | 14.63% |
Annual Asset Resilience Ratio for Zhejiang Truelove Vogue Co Ltd (2012–2022)
The table below shows the annual Asset Resilience Ratio data for Zhejiang Truelove Vogue Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2022-12-31 | 1.00% | CN¥18.96 Million | CN¥1.89 Billion | -15.07pp |
| 2021-12-31 | 16.07% | CN¥242.00 Million | CN¥1.51 Billion | +14.61pp |
| 2013-12-31 | 1.46% | CN¥11.72 Million | CN¥801.46 Million | +1.25pp |
| 2012-12-31 | 0.22% | CN¥1.81 Million | CN¥838.22 Million | -- |