Zhejiang Golden Eagle Co Ltd - Asset Resilience Ratio
Zhejiang Golden Eagle Co Ltd (600232) has an Asset Resilience Ratio of 0.09% 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. Read Zhejiang Golden Eagle Co Ltd total liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2000–2023)
This chart shows how Zhejiang Golden Eagle Co Ltd's Asset Resilience Ratio has changed over time. See Zhejiang Golden Eagle Co Ltd (600232) net assets for net asset value and shareholders' equity analysis.
Liquid Assets Composition Over Time
This chart breaks down Zhejiang Golden Eagle Co Ltd'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 Zhejiang Golden Eagle Co Ltd (600232) total market value.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥1.66 Million | 0.09% |
| Total Liquid Assets | CN¥1.66 Million | 0.09% |
Asset Resilience Insights
- Limited Liquidity: Zhejiang Golden Eagle Co Ltd maintains only 0.09% 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 Golden Eagle Co Ltd Industry Peers by Asset Resilience Ratio
Compare Zhejiang Golden Eagle Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
TongKun Group Co Ltd
SHG:601233 |
Textile Manufacturing | 0.15% |
|
Jilin Chemical Fibre Co Ltd
SHE:000420 |
Textile Manufacturing | 1.34% |
|
Huafu Top Dyed Melange Yarn Co Ltd
SHE:002042 |
Textile Manufacturing | 4.53% |
|
Zhejiang Yingfeng Technology Co Ltd
SHG:605055 |
Textile Manufacturing | 1.52% |
|
Shenzhen Fuanna Bedding and Furnishing Co Ltd
SHE:002327 |
Textile Manufacturing | 16.99% |
|
Zhejiang Xinao Textiles Inc
SHG:603889 |
Textile Manufacturing | 0.81% |
|
Annil Co Ltd
SHE:002875 |
Textile Manufacturing | 0.01% |
|
Guangdong Modern High Tech Fiber Co
SHE:300876 |
Textile Manufacturing | 0.11% |
Annual Asset Resilience Ratio for Zhejiang Golden Eagle Co Ltd (2000–2023)
The table below shows the annual Asset Resilience Ratio data for Zhejiang Golden Eagle Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 1.04% | CN¥17.87 Million ≈ $2.62 Million |
CN¥1.72 Billion ≈ $251.34 Million |
+0.91pp |
| 2022-12-31 | 0.13% | CN¥2.25 Million ≈ $329.54K |
CN¥1.67 Billion ≈ $244.44 Million |
-0.14pp |
| 2021-12-31 | 0.28% | CN¥4.78 Million ≈ $699.46K |
CN¥1.74 Billion ≈ $253.94 Million |
+0.27pp |
| 2001-12-31 | 0.01% | CN¥75.00K ≈ $10.97K |
CN¥822.52 Million ≈ $120.36 Million |
0.00pp |
| 2000-12-31 | 0.01% | CN¥75.00K ≈ $10.97K |
CN¥716.91 Million ≈ $104.91 Million |
-- |
About Zhejiang Golden Eagle Co Ltd
Zhejiang Golden Eagle Co.,Ltd. manufactures and sells textile machinery for hemp, linen, silk, and wool in China. The company offers textile machinery products, including flax, jute, sisal, and silk spinning equipment; ramie strip making equipment; automatic silk reeling equipment; wool spinning needle combing; and pre-spinning equipment. It also provides textile and clothing products, such as mu… Read more