Zhejiang Golden Eagle Co Ltd Asset Resilience Ratio
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 total liabilities of Zhejiang Golden Eagle Co Ltd for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Zhejiang Golden Eagle Co Ltd (2000–2023)
Asset resilience ratio of Zhejiang Golden Eagle Co Ltd from 2000 to 2023. This chart shows how Zhejiang Golden Eagle Co Ltd's Asset Resilience Ratio has changed over time. See Zhejiang Golden Eagle Co Ltd free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
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 the complete balance sheet picture, see Zhejiang Golden Eagle Co Ltd asset portfolio.
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 |
|---|---|---|
|
HMT(Xiamen)New Technical
SHG:603306 |
Textile Manufacturing | 0.07% |
|
Huafu Top Dyed Melange Yarn Co Ltd
SHE:002042 |
Textile Manufacturing | 4.53% |
|
Jiangsu Jujie Microfiber Technology
SHE:300819 |
Textile Manufacturing | 6.73% |
|
Hongda High-Tech Holding Co Ltd
SHE:002144 |
Textile Manufacturing | 6.71% |
|
Indo Rama Synthetics (India) Limited
NSE:INDORAMA |
Textile Manufacturing | 20.34% |
|
Indo Kordsa Tbk
JK:BRAM |
Textile Manufacturing | -12.36% |
|
Nahar Industrial Enterprises Limited
NSE:NAHARINDUS |
Textile Manufacturing | 1.32% |
|
Aarvee Denims & Exports Limited
NSE:AARVEEDEN |
Textile Manufacturing | 3.22% |
Zhejiang Golden Eagle Co Ltd Asset Resilience Ratio by Year (2000–2023)
Zhejiang Golden Eagle Co Ltd asset resilience ratio by year from 2000 to 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 |
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About Zhejiang Golden Eagle Co Ltd
Zhejiang Golden Eagle Co.,Ltd. manufactures and sells textile machinery for hemp, silk, wool, and spun yarn in China. It 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. The company also provides textile and clothing products, such a… Read more