Hailun Piano Co Ltd Asset Resilience Ratio
Hailun Piano Co Ltd asset resilience ratio. Hailun Piano Co Ltd (300329) has an Asset Resilience Ratio of 0.40% as of June 2019. 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 debt load of Hailun Piano Co Ltd for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Hailun Piano Co Ltd (2016–2018)
Asset resilience ratio of Hailun Piano Co Ltd from 2016 to 2018. This chart shows how Hailun Piano Co Ltd's Asset Resilience Ratio has changed over time. See 300329 free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
Liquid Assets Composition Over Time
This chart breaks down Hailun Piano 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 Hailun Piano Co Ltd balance sheet assets.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥4.63 Million | 0.4% |
| Total Liquid Assets | CN¥4.63 Million | 0.40% |
Asset Resilience Insights
- Limited Liquidity: Hailun Piano Co Ltd maintains only 0.40% 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.
Hailun Piano Co Ltd Industry Peers by Asset Resilience Ratio
Compare Hailun Piano Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Fujian Forecam Optics Co Ltd
SHG:688010 |
Leisure | 9.35% |
|
Xiamen Comfort Science&Technology Group Co Ltd
SHE:002614 |
Leisure | 3.02% |
|
Impulse Qingdao Health Tech Co Ltd
SHE:002899 |
Leisure | 11.26% |
|
Tivoli A/S
CO:TIV |
Leisure | -0.31% |
|
Guangdong Banbao Toy Co Ltd
SHG:603398 |
Leisure | 4.09% |
|
Coast Entertainment Holdings Ltd
AU:CEH |
Leisure | 14.40% |
|
Piscines Desjoyaux SA
PA:ALPDX |
Leisure | 11.18% |
|
Canlan Ice Sports Corp.
TO:ICE |
Leisure | 11.96% |
Hailun Piano Co Ltd Asset Resilience Ratio by Year (2016–2018)
Hailun Piano Co Ltd asset resilience ratio by year from 2016 to 2018. The table below shows the annual Asset Resilience Ratio data for Hailun Piano Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2018-12-31 | 2.00% | CN¥22.68 Million ≈ $3.32 Million |
CN¥1.13 Billion ≈ $165.72 Million |
-15.90pp |
| 2017-12-31 | 17.90% | CN¥179.51 Million ≈ $26.27 Million |
CN¥1.00 Billion ≈ $146.74 Million |
-5.70pp |
| 2016-12-31 | 23.61% | CN¥219.29 Million ≈ $32.09 Million |
CN¥929.00 Million ≈ $135.94 Million |
-- |
About Hailun Piano Co Ltd
Hailun Piano Co.,Ltd., together with its subsidiaries, engages in the research, development, manufacture, sale, and service of pianos in China and internationally. It also provides art education services. Hailun Piano Co.,Ltd. was incorporated in 2001 and is based in Ningbo City, China.