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) financial obligations 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 Sinomag Technology Co Ltd book value and equity for net asset value and shareholders' equity analysis.
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 market capitalisation and broader financial context, see 300835 market cap overview.
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 |
|---|---|---|
|
Gongniu Group Co Ltd
SHG:603195 |
Electrical Equipment & Parts | 51.45% |
|
Qingdao Hanhe Cable Co Ltd
SHE:002498 |
Electrical Equipment & Parts | 8.16% |
|
Jiangxi Special Electric Motor Co Ltd
SHE:002176 |
Electrical Equipment & Parts | 0.88% |
|
Nuode Investment Co Ltd
SHG:600110 |
Electrical Equipment & Parts | 0.01% |
|
Hoymiles Power Electronics Inc
SHG:688032 |
Electrical Equipment & Parts | 0.65% |
|
Wecome Intelligent Manufacturing Co. Ltd.
SHG:603070 |
Electrical Equipment & Parts | 3.37% |
|
Changzhou Zhongying Science & Technology Co. Ltd
SHE:300936 |
Electrical Equipment & Parts | 20.39% |
|
Shanghai HIUV New Materials Co Ltd
SHG:688680 |
Electrical Equipment & Parts | 2.52% |
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