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. Read Tongwei Co Ltd debt and liabilities for a breakdown of total debt and financial obligations.

Liquid Assets

CN¥14.22 Billion

≈ $2.08 Billion USD Cash + Short-term Investments

Total Assets

CN¥201.32 Billion

≈ $29.46 Billion USD 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. See Tongwei Co Ltd (600438) shareholders funds for net asset value and shareholders' equity analysis.

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. For market capitalisation and broader financial context, see Tongwei Co Ltd (600438) total market value.

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
Hainan Drinda Automotive Trim Co Ltd SHE:002865	Solar	3.84%
Alfas Solar Enerji Sanayi ve Ticaret A.S. IS:ALFAS	Solar	0.02%
Columbus WAR:CLC	Solar	0.05%
Clearvue Technologies Ltd AU:CPV	Solar	1.11%
Mpower Group Ltd AU:MPR	Solar	1.29%
Aurora Solar Technologies Inc V:ACU	Solar	4.24%
Trina Solar Co Ltd SHG:688599	Solar	0.04%
JA Solar Technology Co Ltd SHE:002459	Solar	1.13%

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 ≈ $1.88 Billion	CN¥195.92 Billion ≈ $28.67 Billion	+0.45pp
2023-12-31	6.12%	CN¥10.06 Billion ≈ $1.47 Billion	CN¥164.36 Billion ≈ $24.05 Billion	+3.16pp
2022-12-31	2.96%	CN¥4.30 Billion ≈ $629.01 Million	CN¥145.24 Billion ≈ $21.25 Billion	+2.95pp
2021-12-31	0.01%	CN¥10.62 Million ≈ $1.55 Million	CN¥88.25 Billion ≈ $12.91 Billion	-2.37pp
2020-12-31	2.38%	CN¥1.53 Billion ≈ $224.16 Million	CN¥64.25 Billion ≈ $9.40 Billion	-0.08pp
2017-12-31	2.47%	CN¥630.00 Million ≈ $92.19 Million	CN¥25.55 Billion ≈ $3.74 Billion	+2.46pp
2016-12-31	0.00%	CN¥1.01 Million ≈ $147.97K	CN¥21.40 Billion ≈ $3.13 Billion	-0.29pp
2015-12-31	0.29%	CN¥17.95 Million ≈ $2.63 Million	CN¥6.09 Billion ≈ $891.12 Million	-0.05pp
2014-12-31	0.35%	CN¥21.42 Million ≈ $3.13 Million	CN¥6.18 Billion ≈ $904.22 Million	-0.82pp
2013-12-31	1.17%	CN¥62.27 Million ≈ $9.11 Million	CN¥5.34 Billion ≈ $780.88 Million	--

pp = percentage points

About Tongwei Co Ltd

SHG:600438 China Solar

Market Cap

$11.44 Billion

CN¥78.20 Billion CNY

Market Cap Rank

#2015 Global

#226 in China

Share Price

CN¥17.37

Change (1 day)

+0.23%

52-Week Range

CN¥14.98 - CN¥27.16

All Time High

CN¥62.55