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.
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 300988 FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
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 TianJin JinRong TianYu Precision Machine (300988) market capitalisation.
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 |
|---|---|---|
|
Jl Mag Rare-Earth Co Ltd Class A
SHE:300748 |
Metal Fabrication | 3.13% |
|
Shanghai Xinpeng Industry Co Ltd
SHE:002328 |
Metal Fabrication | 5.67% |
|
Anhui Zhongyuan New Materials Co Ltd
SHG:603527 |
Metal Fabrication | 0.06% |
|
Namsun Alumini
KO:008350 |
Metal Fabrication | 0.11% |
|
Korvest Ltd
AU:KOV |
Metal Fabrication | 6.47% |
|
AML3D Ltd
AU:AL3 |
Metal Fabrication | 53.47% |
|
RHI Magnesita NV
VI:RHIM |
Metal Fabrication | 0.25% |
|
Viohalco S.A
BR:VIO |
Metal Fabrication | 0.10% |
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 |
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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