Chongqing Millison Technologies Inc. A
Chongqing Millison Technologies INC. engages in the research, development, production, and sale of aluminum alloy precision die castings for the communication and automotive sectors in China. The company's products in the communications field include structural parts, such as 4G and 5G communication base station bodies, and shielding covers; and products in the automotive field comprise engine, t… Read more
Chongqing Millison Technologies Inc. A - Asset Resilience Ratio
Chongqing Millison Technologies Inc. A (301307) has an Asset Resilience Ratio of 0.84% 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 (2023–2023)
This chart shows how Chongqing Millison Technologies Inc. A's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Chongqing Millison Technologies Inc. A's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥55.06 Million | 0.84% |
| Total Liquid Assets | CN¥55.06 Million | 0.84% |
Asset Resilience Insights
- Limited Liquidity: Chongqing Millison Technologies Inc. A maintains only 0.84% 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.
Chongqing Millison Technologies Inc. A Industry Peers by Asset Resilience Ratio
Compare Chongqing Millison Technologies Inc. A's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Xinjiang Hejin Holding Co Ltd
SHE:000633 |
Metal Fabrication | 0.75% |
|
Chongqing Changjiang River Moulding Material (Group) Co. Ltd.
SHE:001296 |
Metal Fabrication | 9.44% |
|
Winstech Precision Hldg Co
SHE:001319 |
Metal Fabrication | 1.06% |
|
Guangdong Jingyi Metal Co Ltd
SHE:002295 |
Metal Fabrication | 0.08% |
|
Shanghai Xinpeng Industry Co Ltd
SHE:002328 |
Metal Fabrication | 5.67% |
|
Beijing Lier High Temperature Materials Co Ltd
SHE:002392 |
Metal Fabrication | 7.59% |
|
Suzhou Victory Precision Manufacture Co Ltd
SHE:002426 |
Metal Fabrication | 0.17% |
|
Dajin Heavy Industry Corp
SHE:002487 |
Metal Fabrication | 0.00% |
Annual Asset Resilience Ratio for Chongqing Millison Technologies Inc. A (2023–2023)
The table below shows the annual Asset Resilience Ratio data for Chongqing Millison Technologies Inc. A.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 5.21% | CN¥296.62 Million | CN¥5.70 Billion | -- |