Zhejiang Truelove Vogue Co Ltd

SHE:003041 China Textile Manufacturing
Market Cap
$1.22 Billion
CN¥8.92 Billion CNY
Market Cap Rank
#12423 Global
#3068 in China
Share Price
CN¥61.94
Change (1 day)
-6.01%
52-Week Range
CN¥21.76 - CN¥70.44
All Time High
CN¥70.44
About

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

Latest as of June 2024: 1.92%

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
CN¥40.00 Million
Cash + Short-term Investments
Total Assets
CN¥2.08 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

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 --
pp = percentage points