Tongwei Co Ltd

SHG:600438 China Solar
Market Cap
$11.85 Billion
CN¥86.98 Billion CNY
Market Cap Rank
#2454 Global
#153 in China
Share Price
CN¥19.32
Change (1 day)
-1.18%
52-Week Range
CN¥14.98 - CN¥27.16
All Time High
CN¥62.55
About

Tongwei Co.,Ltd engages in the production and distribution of feed products in China and internationally. The company offers fish feed, pig feed, poultry feed and freshwater and aquatic feed; aquatic products; breeding and seedling cultivation; production, wholesale and retail of veterinary drugs, feed pharmaceutical additives; slaughter and processing of fish, pig, duck food and sales of fresh f… Read more

Tongwei Co Ltd - Asset Resilience Ratio

Latest as of September 2025: 7.07%

Tongwei Co Ltd (600438) has an Asset Resilience Ratio of 7.07% as of September 2025. 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¥14.22 Billion
Cash + Short-term Investments
Total Assets
CN¥201.32 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2013–2024)

This chart shows how Tongwei 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 Tongwei 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¥14.22 Billion 7.07%
Total Liquid Assets CN¥14.22 Billion 7.07%

Asset Resilience Insights

  • Limited Liquidity: Tongwei Co Ltd maintains only 7.07% 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.

Tongwei Co Ltd Industry Peers by Asset Resilience Ratio

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

Company Industry Asset Resilience Ratio
Shenzhen Topraysolar Co Ltd
SHE:002218
Solar 4.81%
JA Solar Technology Co Ltd
SHE:002459
Solar 1.13%
GCL System Integration Technology Co Ltd
SHE:002506
Solar 0.52%
Changzhou Almaden Co Ltd
SHE:002623
Solar 16.81%
Hainan Drinda Automotive Trim Co Ltd
SHE:002865
Solar 10.68%
Hanwha Solutions
KO:009830
Solar 0.58%
Hanwha Chemical Corp Pref
KO:009835
Solar 0.58%
Trive Property Group Bhd
KLSE:0118
Solar 12.54%

Annual Asset Resilience Ratio for Tongwei Co Ltd (2013–2024)

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

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-12-31 6.57% CN¥12.87 Billion CN¥195.92 Billion +0.45pp
2023-12-31 6.12% CN¥10.06 Billion CN¥164.36 Billion +3.16pp
2022-12-31 2.96% CN¥4.30 Billion CN¥145.24 Billion +2.95pp
2021-12-31 0.01% CN¥10.62 Million CN¥88.25 Billion -2.37pp
2020-12-31 2.38% CN¥1.53 Billion CN¥64.25 Billion -0.08pp
2017-12-31 2.47% CN¥630.00 Million CN¥25.55 Billion +2.46pp
2016-12-31 0.00% CN¥1.01 Million CN¥21.40 Billion -0.29pp
2015-12-31 0.29% CN¥17.95 Million CN¥6.09 Billion -0.05pp
2014-12-31 0.35% CN¥21.42 Million CN¥6.18 Billion -0.82pp
2013-12-31 1.17% CN¥62.27 Million CN¥5.34 Billion --
pp = percentage points