Zhejiang Furun Co Ltd

SHG:600070 China Textile Manufacturing
Market Cap
$29.05 Million
CN¥213.12 Million CNY
Market Cap Rank
#25096 Global
#4660 in China
Share Price
CN¥0.42
Change (1 day)
-4.55%
52-Week Range
CN¥0.42 - CN¥0.88
All Time High
CN¥16.74
Categories
Companies in China Textile Manufacturing
About

Zhejiang Furun Digital Technology CO.,LTD provides internet services in China. The company offers internet marketing, big data analysis, and media advertising services. It is also involved in the live e-commerce business that includes online sales of various products in the fields of beauty make up and personal care. In addition, the company provides multi-channel supply chain brand services; and… Read more

Zhejiang Furun Co Ltd - Asset Resilience Ratio

Latest as of March 2024: 1.42%

Zhejiang Furun Co Ltd (600070) has an Asset Resilience Ratio of 1.42% as of March 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
CN¥14.03 Million
Cash + Short-term Investments
Total Assets
CN¥986.05 Million
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2000–2023)

This chart shows how Zhejiang Furun Co Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Zhejiang Furun Co Ltd'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¥14.03 Million 1.42%
Total Liquid Assets CN¥14.03 Million 1.42%

Asset Resilience Insights

  • Limited Liquidity: Zhejiang Furun Co Ltd maintains only 1.42% 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.

Zhejiang Furun Co Ltd Industry Peers by Asset Resilience Ratio

Compare Zhejiang Furun Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Wisher Industrial Co Ltd
TW:1465 		Textile Manufacturing 19.02%
Kyungbangco.Ltd
KO:000050 		Textile Manufacturing 0.01%
Shijiazhuang Changshan Textile Co Ltd
SHE:000158 		Textile Manufacturing 0.06%
Jilin Chemical Fibre Co Ltd
SHE:000420 		Textile Manufacturing 1.34%
Anhui Huamao Textile Co Ltd
SHE:000850 		Textile Manufacturing 16.68%
Xinxiang Chemical Fiber Co Ltd
SHE:000949 		Textile Manufacturing 0.52%
Chonbang
KO:000950 		Textile Manufacturing 27.45%
Xinlong Holding Group Co Ltd
SHE:000955 		Textile Manufacturing 14.63%

Annual Asset Resilience Ratio for Zhejiang Furun Co Ltd (2000–2023)

The table below shows the annual Asset Resilience Ratio data for Zhejiang Furun Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 1.49% CN¥15.47 Million CN¥1.04 Billion -6.80pp
2022-12-31 8.28% CN¥150.48 Million CN¥1.82 Billion -12.68pp
2021-12-31 20.97% CN¥569.71 Million CN¥2.72 Billion -2.64pp
2020-12-31 23.61% CN¥870.79 Million CN¥3.69 Billion +5.14pp
2019-12-31 18.47% CN¥879.38 Million CN¥4.76 Billion +18.32pp
2018-12-31 0.14% CN¥5.85 Million CN¥4.15 Billion -0.13pp
2017-12-31 0.27% CN¥9.86 Million CN¥3.60 Billion +0.15pp
2016-12-31 0.12% CN¥4.46 Million CN¥3.66 Billion -0.04pp
2015-12-31 0.16% CN¥3.35 Million CN¥2.09 Billion +0.15pp
2014-12-31 0.01% CN¥244.00K CN¥2.05 Billion +0.00pp
2013-12-31 0.01% CN¥207.00K CN¥1.77 Billion 0.00pp
2012-12-31 0.01% CN¥191.00K CN¥1.55 Billion -0.01pp
2011-12-31 0.02% CN¥314.00K CN¥1.45 Billion -0.01pp
2010-12-31 0.04% CN¥518.00K CN¥1.47 Billion +0.02pp
2009-12-31 0.02% CN¥223.00K CN¥1.31 Billion -0.08pp
2008-12-31 0.10% CN¥1.25 Million CN¥1.28 Billion -1.42pp
2007-12-31 1.52% CN¥16.81 Million CN¥1.11 Billion +1.38pp
2006-12-31 0.14% CN¥1.27 Million CN¥904.70 Million +0.01pp
2005-12-31 0.13% CN¥1.30 Million CN¥984.83 Million -18.90pp
2000-12-31 19.03% CN¥79.91 Million CN¥419.80 Million --
pp = percentage points