Shandong Tongda Island New Materials Co Ltd - Asset Resilience Ratio

Latest as of June 2023: 1.49%

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. Read Shandong Tongda Island New Materials Co debt and liabilities for a breakdown of total debt and financial obligations.

Liquid Assets

CN¥10.00 Million

≈ $1.46 Million USD Cash + Short-term Investments

Total Assets

CN¥671.72 Million

≈ $98.29 Million USD All company assets

Resilience Assessment

Low

Financial Resilience Level

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. See Shandong Tongda Island New Materials Co (300321) net assets for net asset value and shareholders' equity analysis.

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. For market capitalisation and broader financial context, see market cap of Shandong Tongda Island New Materials Co .

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
On Holding Ltd NYSE:ONON	Footwear & Accessories	2.29%
Anhui Korrun Co Ltd SHE:300577	Footwear & Accessories	0.00%
Alpargatas S.A SA:ALPA3	Footwear & Accessories	13.06%
Zhejiang Aokang Shoes Co Ltd SHG:603001	Footwear & Accessories	0.12%
InBioGen Co Ltd KO:101140	Footwear & Accessories	64.37%
Merchant House International Ltd AU:MHI	Footwear & Accessories	62.43%
Grimoldi SA BA:GRIM	Footwear & Accessories	11.78%
Vulcabras Azaleia S.A SA:VULC3	Footwear & Accessories	13.45%

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 ≈ $5.85 Million	CN¥688.04 Million ≈ $100.68 Million	+0.43pp
2020-12-31	5.39%	CN¥40.00 Million ≈ $5.85 Million	CN¥742.49 Million ≈ $108.65 Million	+2.75pp
2019-12-31	2.63%	CN¥20.00 Million ≈ $2.93 Million	CN¥759.43 Million ≈ $111.13 Million	+2.75pp
2018-12-31	-0.11%	CN¥-838.18K ≈ $-122.65K	CN¥734.62 Million ≈ $107.50 Million	+0.05pp
2017-12-31	-0.16%	CN¥-1.16 Million ≈ $-169.66K	CN¥721.59 Million ≈ $105.59 Million	+0.15pp
2016-12-31	-0.31%	CN¥-2.08 Million ≈ $-304.53K	CN¥677.68 Million ≈ $99.17 Million	+0.10pp
2015-12-31	-0.40%	CN¥-2.78 Million ≈ $-407.02K	CN¥689.55 Million ≈ $100.90 Million	+0.15pp
2014-12-31	-0.55%	CN¥-3.98 Million ≈ $-582.20K	CN¥721.32 Million ≈ $105.55 Million	--

pp = percentage points

About Shandong Tongda Island New Materials Co Ltd

SHE:300321 China Footwear & Accessories

Market Cap

$491.18 Million

CN¥3.36 Billion CNY

Market Cap Rank

#12629 Global

#3938 in China

Share Price

CN¥37.80

Change (1 day)

+1.64%

52-Week Range

CN¥28.05 - CN¥52.97

All Time High

CN¥56.48