Jiangsu Tongguang Electronic Wire&Cable Co Ltd - Asset Resilience Ratio

Latest as of September 2020: 0.34%

Jiangsu Tongguang Electronic Wire&Cable Co Ltd (300265) has an Asset Resilience Ratio of 0.34% as of September 2020. 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 Jiangsu Tongguang Electronic Wire&Cable (300265) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

CN¥8.17 Million
≈ $1.20 Million USD Cash + Short-term Investments

Total Assets

CN¥2.39 Billion
≈ $350.06 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2013–2019)

This chart shows how Jiangsu Tongguang Electronic Wire&Cable Co Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Jiangsu Tongguang Electronic Wire&Cable asset portfolio.

Liquid Assets Composition Over Time

This chart breaks down Jiangsu Tongguang Electronic Wire&Cable Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore 300265 long-term investment intensity to see how much of total assets are deployed in long-term investments.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥8.17 Million 0.34%
Total Liquid Assets CN¥8.17 Million 0.34%

Asset Resilience Insights

  • Limited Liquidity: Jiangsu Tongguang Electronic Wire&Cable Co Ltd maintains only 0.34% 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.

Jiangsu Tongguang Electronic Wire&Cable Co Ltd Industry Peers by Asset Resilience Ratio

Compare Jiangsu Tongguang Electronic Wire&Cable Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
LG Energy Solution Ltd
KO:373220
Electrical Equipment & Parts 0.00%
Xiamen Kehua Hengsheng
SHE:002335
Electrical Equipment & Parts 16.18%
Ningbo Ginlong Technologies Co Ltd Class A
SHE:300763
Electrical Equipment & Parts 1.26%
Dongguan Aohai Technology Co
SHE:002993
Electrical Equipment & Parts 14.61%
Shanghai Zhezhong Construction Co Ltd
SHE:002346
Electrical Equipment & Parts 1.00%
Hiwin Mikrosystem Corp
TW:4576
Electrical Equipment & Parts 4.20%
Xinya Electronic Co Ltd
SHG:605277
Electrical Equipment & Parts 0.24%
Dynamic Cables Limited
NSE:DYCL
Electrical Equipment & Parts 4.49%

Annual Asset Resilience Ratio for Jiangsu Tongguang Electronic Wire&Cable Co Ltd (2013–2019)

The table below shows the annual Asset Resilience Ratio data for Jiangsu Tongguang Electronic Wire&Cable Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2019-12-31 0.32% CN¥8.17 Million
≈ $1.20 Million
CN¥2.52 Billion
≈ $369.14 Million
+0.22pp
2016-12-31 0.11% CN¥2.15 Million
≈ $314.17K
CN¥2.03 Billion
≈ $296.71 Million
+0.10pp
2013-12-31 0.00% CN¥26.82K
≈ $3.93K
CN¥1.14 Billion
≈ $167.39 Million
--
pp = percentage points

About Jiangsu Tongguang Electronic Wire&Cable Co Ltd

SHE:300265 China Electrical Equipment & Parts
Market Cap
$920.31 Million
CN¥6.29 Billion CNY
Market Cap Rank
#9300 Global
#2319 in China
Share Price
CN¥13.45
Change (1 day)
-2.54%
52-Week Range
CN¥8.97 - CN¥25.57
All Time High
CN¥25.57
About

Jiangsu Tongguang Electronic Wire & Cable Co., Ltd. produces and sells cables in the People's Republic of China and internationally. The company offers fiber optic cables, including communication, power fiber, submarine, and fiber optic communication cables; power transmission cables; and equipment cables for aerospace, high-frequency cables for communication, and flexible cables. It also provide… Read more