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. See working capital position of Zhejiang Golden Eagle Co Ltd to evaluate short-term liquidity relative to the company's equity base.
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. For the complete balance sheet picture, see how large is Zhejiang Golden Eagle Co Ltd's balance sheet.
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. Read Zhejiang Golden Eagle Co Ltd (600232) total liabilities for a breakdown of total debt and financial obligations.
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 |
|---|---|---|
|
Huafu Top Dyed Melange Yarn Co Ltd
SHE:002042 |
Textile Manufacturing | 4.53% |
|
Jilin Chemical Fibre Co Ltd
SHE:000420 |
Textile Manufacturing | 1.34% |
|
Shenzhen Fuanna Bedding and Furnishing Co Ltd
SHE:002327 |
Textile Manufacturing | 16.99% |
|
Indo Count Industries Limited
NSE:ICIL |
Textile Manufacturing | 13.59% |
|
Zhejiang Unifull Industrial Fibre Co Ltd
SHE:002427 |
Textile Manufacturing | 0.01% |
|
Shenzhen Huijie Group Co Ltd
SHE:002763 |
Textile Manufacturing | -2.80% |
|
Annil Co Ltd
SHE:002875 |
Textile Manufacturing | 0.01% |
|
Mayur Uniquoters Ltd
NSE:MAYURUNIQ |
Textile Manufacturing | 9.73% |
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, 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