Shandong Tongda Island New Materials Co Ltd
Shandong Tongda Island New Materials Co.,Ltd. researches and develops, manufactures, services, and sells microfiber synthetic leather products in China and internationally. It offers microfiber suede, smooth leather, and base fabric, which are used in shoe materials, sofa furniture, electronic products, sportswear equipment, engineering decoration, automotive interiors, handbags, clothing, and ot… Read more
Shandong Tongda Island New Materials Co Ltd - Asset Resilience Ratio
Shandong Tongda Island New Materials Co Ltd (300321) has an Asset Resilience Ratio of 1.49% as of June 2023. 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
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2014–2022)
This chart shows how Shandong Tongda Island New Materials 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 Shandong Tongda Island New Materials 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¥10.00 Million | 1.49% |
| Total Liquid Assets | CN¥10.00 Million | 1.49% |
Asset Resilience Insights
- Limited Liquidity: Shandong Tongda Island New Materials Co Ltd maintains only 1.49% 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.
Shandong Tongda Island New Materials Co Ltd Industry Peers by Asset Resilience Ratio
Compare Shandong Tongda Island New Materials Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
JS Corp
KO:194370 |
Footwear & Accessories | 1.22% |
|
Samyang Tongsang Co. Ltd.
KO:002170 |
Footwear & Accessories | 44.67% |
|
Wuxi Double Elephant Micro Fibre Material Co Ltd
SHE:002395 |
Footwear & Accessories | 1.50% |
|
Hwaseung Industries Co Ltd
KO:006060 |
Footwear & Accessories | 1.21% |
|
Uni Chem
KO:011330 |
Footwear & Accessories | 0.12% |
|
Carlo Rino Group Bhd
KLSE:0335 |
Footwear & Accessories | 32.28% |
|
Baiksan
KO:035150 |
Footwear & Accessories | 2.54% |
|
InBioGen Co Ltd
KO:101140 |
Footwear & Accessories | 64.37% |
Annual Asset Resilience Ratio for Shandong Tongda Island New Materials Co Ltd (2014–2022)
The table below shows the annual Asset Resilience Ratio data for Shandong Tongda Island New Materials Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2022-12-31 | 5.81% | CN¥40.00 Million | CN¥688.04 Million | +0.43pp |
| 2020-12-31 | 5.39% | CN¥40.00 Million | CN¥742.49 Million | +2.75pp |
| 2019-12-31 | 2.63% | CN¥20.00 Million | CN¥759.43 Million | +2.75pp |
| 2018-12-31 | -0.11% | CN¥-838.18K | CN¥734.62 Million | +0.05pp |
| 2017-12-31 | -0.16% | CN¥-1.16 Million | CN¥721.59 Million | +0.15pp |
| 2016-12-31 | -0.31% | CN¥-2.08 Million | CN¥677.68 Million | +0.10pp |
| 2015-12-31 | -0.40% | CN¥-2.78 Million | CN¥689.55 Million | +0.15pp |
| 2014-12-31 | -0.55% | CN¥-3.98 Million | CN¥721.32 Million | -- |