Jiangsu Tongguang Electronic Wire&Cable Co Ltd Asset Resilience Ratio

Latest as of September 2020: 0.34%

Jiangsu Tongguang Electronic Wire&Cable Co Ltd asset resilience ratio. 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 300265 days of operational coverage to measure how many days the company can operate on defensive assets alone.

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 of Jiangsu Tongguang Electronic Wire&Cable Co Ltd (2013–2019)

Asset resilience ratio of Jiangsu Tongguang Electronic Wire&Cable Co Ltd from 2013 to 2019. This chart shows how Jiangsu Tongguang Electronic Wire&Cable Co Ltd's Asset Resilience Ratio has changed over time. Read total liabilities of Jiangsu Tongguang Electronic Wire&Cable for a breakdown of total debt and financial obligations.

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. For the complete balance sheet picture, see 300265 asset base.

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
Ecopro BM. Co. Ltd
KQ:247540
Electrical Equipment & Parts 0.34%
Chengdu Xuguang Electronics Co Ltd
SHG:600353
Electrical Equipment & Parts 0.56%
Nuode Investment Co Ltd
SHG:600110
Electrical Equipment & Parts 0.01%
Keli Sensing Technology Ningbo Co Ltd
SHG:603662
Electrical Equipment & Parts 14.45%
Hunan Changyuan Lico Co Ltd
SHG:688779
Electrical Equipment & Parts 9.38%
China National Electric Apparatus R
SHG:688128
Electrical Equipment & Parts 0.71%
Shenzhen Hello Tech Energy Co. Ltd. A
SHE:301327
Electrical Equipment & Parts 30.33%
Warom Technology Inc Co
SHG:603855
Electrical Equipment & Parts 0.63%

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

Jiangsu Tongguang Electronic Wire&Cable Co Ltd asset resilience ratio by year from 2013 to 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
$687.67 Million
CN¥4.70 Billion CNY
Market Cap Rank
#10281 Global
#2673 in China
Share Price
CN¥10.05
Change (1 day)
-1.47%
52-Week Range
CN¥9.06 - 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