TianJin JinRong TianYu Precision Machinery Inc. Asset Resilience Ratio

Latest as of September 2024: 0.46%

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. See operational self-sufficiency of TianJin JinRong TianYu Precision Machine to measure how many days the company can operate on defensive assets alone.

Liquid Assets

CN¥10.02 Million

≈ $1.47 Million USD Cash + Short-term Investments

Total Assets

CN¥2.19 Billion

≈ $321.11 Million USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio of TianJin JinRong TianYu Precision Machinery Inc. (2021–2023)

Asset resilience ratio of TianJin JinRong TianYu Precision Machinery Inc. from 2021 to 2023. This chart shows how TianJin JinRong TianYu Precision Machinery Inc.'s Asset Resilience Ratio has changed over time. Read TianJin JinRong TianYu Precision Machine debt and liabilities for a breakdown of total debt and financial obligations.

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 the complete balance sheet picture, see 300988 asset base.

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
ProfilGruppen AB (publ) ST:PROF-B	Metal Fabrication	3.85%
AURUBIS AG UNSP.ADR 1/2 F:NDA1	Metal Fabrication	0.41%
Kunshan Kersen Science & Tech SHG:603626	Metal Fabrication	0.05%
Proto Labs Inc NYSE:PRLB	Metal Fabrication	1.88%
Shenzhen Minglida Precision Technology Co. Ltd. SHE:301268	Metal Fabrication	8.77%
Shenzhen Pacific Union Precision Manufacturing Co. Ltd. A SHG:688210	Metal Fabrication	5.24%
Korvest Ltd AU:KOV	Metal Fabrication	6.47%
AML3D Ltd AU:AL3	Metal Fabrication	53.47%

TianJin JinRong TianYu Precision Machinery Inc. Asset Resilience Ratio by Year (2021–2023)

TianJin JinRong TianYu Precision Machinery Inc. asset resilience ratio by year from 2021 to 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	--

pp = percentage points

About TianJin JinRong TianYu Precision Machinery Inc.

SHE:300988 China Metal Fabrication

Market Cap

$282.08 Million

CN¥1.93 Billion CNY

Market Cap Rank

#14849 Global

#4364 in China

Share Price

CN¥13.74

Change (1 day)

+2.08%

52-Week Range

CN¥13.22 - CN¥30.55

All Time High

CN¥33.08