Qingdao TGOOD Electric Co Ltd - Asset Resilience Ratio

Latest as of September 2024: 0.05%

Qingdao TGOOD Electric Co Ltd (300001) has an Asset Resilience Ratio of 0.05% 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. Read total liabilities of Qingdao TGOOD Electric Co Ltd for a breakdown of total debt and financial obligations.

Liquid Assets

CN¥13.08 Million
≈ $1.91 Million USD Cash + Short-term Investments

Total Assets

CN¥23.97 Billion
≈ $3.51 Billion USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2011–2023)

This chart shows how Qingdao TGOOD Electric Co Ltd's Asset Resilience Ratio has changed over time. See 300001 net assets for net asset value and shareholders' equity analysis.

Liquid Assets Composition Over Time

This chart breaks down Qingdao TGOOD Electric Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see Qingdao TGOOD Electric Co Ltd (300001) total market value.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥13.08 Million 0.05%
Total Liquid Assets CN¥13.08 Million 0.05%

Asset Resilience Insights

  • Limited Liquidity: Qingdao TGOOD Electric Co Ltd maintains only 0.05% 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.

Qingdao TGOOD Electric Co Ltd Industry Peers by Asset Resilience Ratio

Compare Qingdao TGOOD Electric Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Delta Electronics (Thailand) Public Company Limited
F:NVAW
Electrical Equipment & Parts 0.00%
China XD Electric Co Ltd
SHG:601179
Electrical Equipment & Parts 0.96%
Astor Enerji AS
IS:ASTOR
Electrical Equipment & Parts 22.23%
Jiangxi Special Electric Motor Co Ltd
SHE:002176
Electrical Equipment & Parts 0.88%
Xi'an Sinofuse Electric Co. Ltd.
SHE:301031
Electrical Equipment & Parts 3.40%
Leedarson IoT Technology Inc
SHG:605365
Electrical Equipment & Parts 4.24%
Zhejiang Wanma Co Ltd
SHE:002276
Electrical Equipment & Parts 0.33%
Sinomag Technology Co Ltd
SHE:300835
Electrical Equipment & Parts 0.01%

Annual Asset Resilience Ratio for Qingdao TGOOD Electric Co Ltd (2011–2023)

The table below shows the annual Asset Resilience Ratio data for Qingdao TGOOD Electric Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 0.08% CN¥19.69 Million
≈ $2.88 Million
CN¥23.88 Billion
≈ $3.49 Billion
-0.14pp
2022-12-31 0.23% CN¥50.00 Million
≈ $7.32 Million
CN¥22.01 Billion
≈ $3.22 Billion
+0.10pp
2020-12-31 0.13% CN¥22.00 Million
≈ $3.22 Million
CN¥17.48 Billion
≈ $2.56 Billion
+0.08pp
2018-12-31 0.04% CN¥5.74 Million
≈ $839.60K
CN¥13.43 Billion
≈ $1.96 Billion
-0.42pp
2017-12-31 0.46% CN¥57.00 Million
≈ $8.34 Million
CN¥12.44 Billion
≈ $1.82 Billion
-1.00pp
2016-12-31 1.46% CN¥170.93 Million
≈ $25.01 Million
CN¥11.74 Billion
≈ $1.72 Billion
-0.54pp
2015-12-31 2.00% CN¥128.00 Million
≈ $18.73 Million
CN¥6.40 Billion
≈ $936.85 Million
-19.78pp
2011-12-31 21.78% CN¥298.41 Million
≈ $43.67 Million
CN¥1.37 Billion
≈ $200.53 Million
--
pp = percentage points

About Qingdao TGOOD Electric Co Ltd

SHE:300001 China Electrical Equipment & Parts
Market Cap
$4.65 Billion
CN¥31.76 Billion CNY
Market Cap Rank
#3789 Global
#625 in China
Share Price
CN¥30.09
Change (1 day)
-1.86%
52-Week Range
CN¥21.86 - CN¥33.25
All Time High
CN¥39.67
About

Qingdao TGOOD Electric Co., Ltd. engages in the intelligent manufacturing and integrated services; and electric vehicle charging network in China and internationally. It offers high, medium, and low voltage products; electric vehicle (EV) charging networks; oil- and dry-type transformers; smart microgrid carports; and prefabricated, mobile trailer, and skid substations, as well as renewable energ… Read more