TianJin JinRong TianYu Precision Machinery Inc. - Asset Resilience Ratio
TianJin JinRong TianYu Precision Machinery Inc. (300988) has an Asset Resilience Ratio of 0.46% as of September 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 300988 current and long-term liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2021–2023)
This chart shows how TianJin JinRong TianYu Precision Machinery Inc.'s Asset Resilience Ratio has changed over time. See TianJin JinRong TianYu Precision Machine (300988) net assets for net asset value and shareholders' equity analysis.
Liquid Assets Composition Over Time
This chart breaks down TianJin JinRong TianYu Precision Machinery Inc.'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 300988 company net worth.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥10.02 Million | 0.46% |
| Total Liquid Assets | CN¥10.02 Million | 0.46% |
Asset Resilience Insights
- Limited Liquidity: TianJin JinRong TianYu Precision Machinery Inc. maintains only 0.46% 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.
TianJin JinRong TianYu Precision Machinery Inc. Industry Peers by Asset Resilience Ratio
Compare TianJin JinRong TianYu Precision Machinery Inc.'s asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Ningbo Zhenyu Technology Co. Ltd.
SHE:300953 |
Metal Fabrication | 2.39% |
|
CompoSecure, Inc.
NYSE:CMPO |
Metal Fabrication | 0.03% |
|
Wuxi Paike New Materials Technology Co Ltd
SHG:605123 |
Metal Fabrication | 3.03% |
|
Shanghai Yahong Moulding Co Ltd
SHG:603159 |
Metal Fabrication | 11.70% |
|
Anhui Shiny Electronic Technology Company Limited
SHE:300956 |
Metal Fabrication | 0.00% |
|
Xinjiang Hejin Holding Co Ltd
SHE:000633 |
Metal Fabrication | 0.75% |
|
Jiangsu Hongde Special Parts Co.Ltd.
SHE:301163 |
Metal Fabrication | 9.85% |
|
ADF Group Inc.
TO:DRX |
Metal Fabrication | 10.30% |
Annual Asset Resilience Ratio for TianJin JinRong TianYu Precision Machinery Inc. (2021–2023)
The table below shows the annual Asset Resilience Ratio data for TianJin JinRong TianYu Precision Machinery Inc..
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 1.50% | CN¥30.00 Million ≈ $4.39 Million |
CN¥2.00 Billion ≈ $292.62 Million |
-2.32pp |
| 2021-12-31 | 3.82% | CN¥50.00 Million ≈ $7.32 Million |
CN¥1.31 Billion ≈ $191.59 Million |
-- |
About TianJin JinRong TianYu Precision Machinery Inc.
TianJin JinRong TianYu Precision Machinery Inc. engages in the research and development, production, and sale of precision metal molds and related parts in China and internationally. The company provides electrical products, such as low-voltage power distribution, industrial automation, medium-voltage power distribution, and energy equipment precision parts; automotive products, including shock a… Read more