King-Strong New Material Technology Co Ltd - Asset Resilience Ratio

Latest as of June 2024: 1.98%

King-Strong New Material Technology Co Ltd (300629) has an Asset Resilience Ratio of 1.98% as of June 2024. 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 300629 total debt and obligations for a breakdown of total debt and financial obligations.

Liquid Assets

CN¥40.30 Million

≈ $5.90 Million USD Cash + Short-term Investments

Total Assets

CN¥2.04 Billion

≈ $297.89 Million USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio Trend (2009–2023)

This chart shows how King-Strong New Material Technology Co Ltd's Asset Resilience Ratio has changed over time. See King-Strong New Material Technology Co L net assets for net asset value and shareholders' equity analysis.

Liquid Assets Composition Over Time

This chart breaks down King-Strong New Material Technology 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 King-Strong New Material Technology Co L.

Current Liquid Assets Breakdown

Component	Amount	% of Total Assets
Cash & Equivalents	CN¥0.00	0%
Short-term Investments	CN¥40.30 Million	1.98%
Total Liquid Assets	CN¥40.30 Million	1.98%

Asset Resilience Insights

Limited Liquidity: King-Strong New Material Technology Co Ltd maintains only 1.98% 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.

King-Strong New Material Technology Co Ltd Industry Peers by Asset Resilience Ratio

Compare King-Strong New Material Technology Co Ltd's asset resilience ratio with other companies in the same industry.

Company	Industry	Asset Resilience Ratio
Jl Mag Rare-Earth Co Ltd Class A SHE:300748	Metal Fabrication	2.28%
Shenyang Fortune Precision Equipment Co. Ltd. A SHG:688409	Metal Fabrication	0.12%
Anhui Honglu Steel Construction Group Co Ltd SHE:002541	Metal Fabrication	0.00%
Wuxi Paike New Materials Technology Co Ltd SHG:605123	Metal Fabrication	3.03%
Jiangyin Hengrun Heavy SHG:603985	Metal Fabrication	0.01%
Jiangsu Jiuwu Hi-Tech Co Ltd SHE:300631	Metal Fabrication	6.06%
Dajin Heavy Industry Corp SHE:002487	Metal Fabrication	0.00%
Aurubis AG XETRA:NDA	Metal Fabrication	2.15%

Annual Asset Resilience Ratio for King-Strong New Material Technology Co Ltd (2009–2023)

The table below shows the annual Asset Resilience Ratio data for King-Strong New Material Technology Co Ltd.

Year	Asset Resilience Ratio (%)	Liquid Assets	Total Assets	Change
2023-12-31	0.10%	CN¥2.00 Million ≈ $292.66K	CN¥1.96 Billion ≈ $287.16 Million	-2.07pp
2020-12-31	2.17%	CN¥25.14 Million ≈ $3.68 Million	CN¥1.16 Billion ≈ $169.55 Million	+2.07pp
2013-12-31	0.10%	CN¥324.25K ≈ $47.45K	CN¥337.72 Million ≈ $49.42 Million	-0.10pp
2011-12-31	0.20%	CN¥415.56K ≈ $60.81K	CN¥212.98 Million ≈ $31.17 Million	-0.11pp
2010-12-31	0.31%	CN¥467.25K ≈ $68.37K	CN¥151.36 Million ≈ $22.15 Million	-0.31pp
2009-12-31	0.61%	CN¥502.27K ≈ $73.50K	CN¥81.75 Million ≈ $11.96 Million	--

pp = percentage points

About King-Strong New Material Technology Co Ltd

SHE:300629 China Metal Fabrication

Market Cap

$924.56 Million

CN¥6.32 Billion CNY

Market Cap Rank

#9444 Global

#2600 in China

Share Price

CN¥25.13

Change (1 day)

+1.13%

52-Week Range

CN¥17.99 - CN¥33.27

All Time High

CN¥49.60