Qingdao TGOOD Electric Co Ltd - Asset Resilience Ratio
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
Total Assets
Resilience Assessment
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 |
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About Qingdao TGOOD Electric Co Ltd
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