Zhuzhou Times New Material Technology Co Ltd - Asset Resilience Ratio

Latest as of June 2024: 0.86%

Zhuzhou Times New Material Technology Co Ltd (600458) has an Asset Resilience Ratio of 0.86% as of June 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.

Liquid Assets

CN¥169.11 Million
≈ $24.75 Million USD Cash + Short-term Investments

Total Assets

CN¥19.61 Billion
≈ $2.87 Billion USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2003–2024)

This chart shows how Zhuzhou Times New Material Technology Co Ltd's Asset Resilience Ratio has changed over time. Check Zhuzhou Times New Material Technology Co (600458) strategic investment index to assess the company's strategic physical and investment asset allocation.

Liquid Assets Composition Over Time

This chart breaks down Zhuzhou Times New Material Technology 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 Zhuzhou Times New Material Technology Co (600458) market capitalisation.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥169.11 Million 0.86%
Total Liquid Assets CN¥169.11 Million 0.86%

Asset Resilience Insights

  • Limited Liquidity: Zhuzhou Times New Material Technology Co Ltd maintains only 0.86% 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.

Zhuzhou Times New Material Technology Co Ltd Industry Peers by Asset Resilience Ratio

Compare Zhuzhou Times New Material Technology Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Brookfield Business Partners L.P.
TO:BBU-UN
Conglomerates 17.38%
Xiamen ITG Group Corp Ltd
SHG:600755
Conglomerates 8.19%
SBC Exports Limited
NSE:SBC
Conglomerates 4.12%
Idsud S.A
PA:ALIDS
Conglomerates 31.77%
Toma as
PR:TOMA
Conglomerates 5.26%
Singsongholdin
KO:006880
Conglomerates 0.35%
Pampa Energia SA
BA:PAMP
Conglomerates 6.29%
Cresud SA
BA:CRES
Conglomerates 4.52%

Annual Asset Resilience Ratio for Zhuzhou Times New Material Technology Co Ltd (2003–2024)

The table below shows the annual Asset Resilience Ratio data for Zhuzhou Times New Material Technology Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-12-31 0.78% CN¥160.42 Million
≈ $23.47 Million
CN¥20.49 Billion
≈ $3.00 Billion
-0.38pp
2022-12-31 1.16% CN¥200.45 Million
≈ $29.33 Million
CN¥17.26 Billion
≈ $2.53 Billion
-0.37pp
2021-12-31 1.53% CN¥250.04 Million
≈ $36.59 Million
CN¥16.30 Billion
≈ $2.38 Billion
+0.28pp
2020-12-31 1.26% CN¥200.99 Million
≈ $29.41 Million
CN¥16.00 Billion
≈ $2.34 Billion
-0.41pp
2019-12-31 1.66% CN¥250.00 Million
≈ $36.58 Million
CN¥15.02 Billion
≈ $2.20 Billion
-2.09pp
2016-12-31 3.75% CN¥502.93 Million
≈ $73.59 Million
CN¥13.41 Billion
≈ $1.96 Billion
+3.41pp
2015-12-31 0.34% CN¥45.00 Million
≈ $6.58 Million
CN¥13.08 Billion
≈ $1.91 Billion
+0.34pp
2014-12-31 0.00% CN¥5.82K
≈ $850.97
CN¥10.28 Billion
≈ $1.50 Billion
-15.80pp
2003-12-31 15.80% CN¥78.12 Million
≈ $11.43 Million
CN¥494.45 Million
≈ $72.35 Million
--
pp = percentage points

About Zhuzhou Times New Material Technology Co Ltd

SHG:600458 China Conglomerates
Market Cap
$1.42 Billion
CN¥9.69 Billion CNY
Market Cap Rank
#7303 Global
#1510 in China
Share Price
CN¥10.41
Change (1 day)
-2.44%
52-Week Range
CN¥10.20 - CN¥17.49
All Time High
CN¥20.16
About

Zhuzhou Times New Material Technology Co., Ltd. engages in the research, production, and sale of polymer material vibration and noise reduction elastic elements, polymer composite modified materials, special coatings, and new insulating materials in China and internationally. The company operates through four segments: Industrial and Engineering, Rail Transit Construction, Wind Power Products, an… Read more