Sinomag Technology Co Ltd - Asset Resilience Ratio
Sinomag Technology Co Ltd (300835) has an Asset Resilience Ratio of 0.01% as of December 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 Sinomag Technology Co Ltd (300835) total liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2020–2023)
This chart shows how Sinomag Technology Co Ltd's Asset Resilience Ratio has changed over time. See 300835 free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Liquid Assets Composition Over Time
This chart breaks down Sinomag Technology 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 balance sheet size of Sinomag Technology Co Ltd.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥111.19K | 0.01% |
| Total Liquid Assets | CN¥111.19K | 0.01% |
Asset Resilience Insights
- Limited Liquidity: Sinomag Technology Co Ltd maintains only 0.01% 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.
Sinomag Technology Co Ltd Industry Peers by Asset Resilience Ratio
Compare Sinomag Technology Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Shenglan Technology Co Ltd
SHE:300843 |
Electrical Equipment & Parts | 2.74% |
|
Shenzhen Hui Chuang Da Technology Co.Ltd
SHE:300909 |
Electrical Equipment & Parts | 2.31% |
|
Infund Holding Co Ltd
SHE:002141 |
Electrical Equipment & Parts | 13.75% |
|
Zhejiang Tongxing Technology Co. Ltd. A
SHE:301252 |
Electrical Equipment & Parts | 5.83% |
|
Daheng New Epoch Technology Inc
SHG:600288 |
Electrical Equipment & Parts | 3.40% |
|
Wuhan Citms Technology Co Ltd
SHG:688038 |
Electrical Equipment & Parts | 1.46% |
|
Shandong Kehui Power Automation Co Ltd
SHG:688681 |
Electrical Equipment & Parts | 8.59% |
|
Li-S Energy Ltd
AU:LIS |
Electrical Equipment & Parts | 47.65% |
Annual Asset Resilience Ratio for Sinomag Technology Co Ltd (2020–2023)
The table below shows the annual Asset Resilience Ratio data for Sinomag Technology Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 0.01% | CN¥111.19K ≈ $16.27K |
CN¥2.12 Billion ≈ $310.35 Million |
-0.30pp |
| 2022-12-31 | 0.31% | CN¥5.11 Million ≈ $747.24K |
CN¥1.66 Billion ≈ $242.84 Million |
-4.39pp |
| 2020-12-31 | 4.69% | CN¥50.00 Million ≈ $7.32 Million |
CN¥1.07 Billion ≈ $155.86 Million |
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About Sinomag Technology Co Ltd
Sinomag Technology Co., Ltd. engages in the research and development, production, and sale of permanent ferrite magnets and soft magnetic cores and components worldwide. The company offers commutator, busbar, and microinverters. Its products are used in the automobile drives, electrification systems, and car bodies. Sinomag Technology Co., Ltd. was founded in 1998 and is headquartered in Hefei, C… Read more