Fuxin Dare Automotive Parts Co Ltd - Asset Resilience Ratio

Latest as of September 2023: -1.50%

Fuxin Dare Automotive Parts Co Ltd (300473) has an Asset Resilience Ratio of -1.50% as of September 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. Check asset allocation strategy of Fuxin Dare Automotive Parts Co Ltd to assess the company's strategic physical and investment asset allocation.

Liquid Assets

CN¥-62.50 Million
≈ $-9.15 Million USD Cash + Short-term Investments

Total Assets

CN¥4.17 Billion
≈ $610.10 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2021–2021)

This chart shows how Fuxin Dare Automotive Parts Co Ltd's Asset Resilience Ratio has changed over time. See how leveraged is Fuxin Dare Automotive Parts Co Ltd's balance sheet to measure how much of total assets are equity-financed.

Liquid Assets Composition Over Time

This chart breaks down Fuxin Dare Automotive Parts 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 Fuxin Dare Automotive Parts Co Ltd.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥-62.50 Million -1.5%
Total Liquid Assets CN¥-62.50 Million -1.50%

Asset Resilience Insights

  • Limited Liquidity: Fuxin Dare Automotive Parts Co Ltd maintains only -1.50% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company primarily holds liquidity in cash and equivalents rather than short-term investments.

Fuxin Dare Automotive Parts Co Ltd Industry Peers by Asset Resilience Ratio

Compare Fuxin Dare Automotive Parts Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Bridgestone Corporation
F:BGTA
Auto Parts 0.24%
CONTINENTAL AG ADR 1/10
F:CONA
Auto Parts 0.38%
Balkrishna Industries Limited
NSE:BALKRISIND
Auto Parts 8.16%
Xiangyang Changyuan Donggu Industry Co Ltd
SHG:603950
Auto Parts 0.84%
Ningbo Kbe Electrical Technology Co
SHE:300863
Auto Parts 0.63%
Shenzhen Changhong Tech
SHE:300151
Auto Parts 10.41%
NINGBO HENGSHUAI Co. LTD.
SHE:300969
Auto Parts 39.73%
Kunshan Huguang Auto Harness Co Ltd
SHG:605333
Auto Parts 2.79%

Annual Asset Resilience Ratio for Fuxin Dare Automotive Parts Co Ltd (2021–2021)

The table below shows the annual Asset Resilience Ratio data for Fuxin Dare Automotive Parts Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2021-12-31 0.01% CN¥450.89K
≈ $65.98K
CN¥4.66 Billion
≈ $681.97 Million
--
pp = percentage points

About Fuxin Dare Automotive Parts Co Ltd

SHE:300473 China Auto Parts
Market Cap
$762.02 Million
CN¥5.21 Billion CNY
Market Cap Rank
#10285 Global
#2791 in China
Share Price
CN¥30.16
Change (1 day)
-2.84%
52-Week Range
CN¥26.67 - CN¥38.30
All Time High
CN¥99.29
About

Fuxin Dare Automotive Parts Co., Ltd., together with its subsidiaries, engages in the research, development, manufacture, and sale of automotive parts systems in China and internationally. It operates through Pumps and Electronics Products; and Noise Reduction, Thermal Insulation and Lightweight Products segments. The company offers noise reduction (NHV), thermal, and lightweight products compris… Read more