Tengda Construction Group Co Ltd Asset Resilience Ratio
Tengda Construction Group Co Ltd asset resilience ratio. Tengda Construction Group Co Ltd (600512) has an Asset Resilience Ratio of 4.84% as of December 2023. 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 600512 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Tengda Construction Group Co Ltd (2017–2023)
Asset resilience ratio of Tengda Construction Group Co Ltd from 2017 to 2023. This chart shows how Tengda Construction Group Co Ltd's Asset Resilience Ratio has changed over time. Read Tengda Construction Group Co Ltd (600512) financial obligations for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Tengda Construction Group 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 600512 total asset value.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥539.75 Million | 4.84% |
| Total Liquid Assets | CN¥539.75 Million | 4.84% |
Asset Resilience Insights
- Limited Liquidity: Tengda Construction Group Co Ltd maintains only 4.84% 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.
Tengda Construction Group Co Ltd Industry Peers by Asset Resilience Ratio
Compare Tengda Construction Group Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Martifer SGPS S.A
LS:MAR |
Engineering & Construction | 0.00% |
|
Hui Lyu Ecological Technology Groups Co Ltd
SHE:001267 |
Engineering & Construction | 1.20% |
|
Downer Edi Ltd
AU:DOW |
Engineering & Construction | 11.26% |
|
Bravida Holding AB
ST:BRAV |
Engineering & Construction | 4.08% |
|
Aecon Group Inc.
TO:ARE |
Engineering & Construction | 0.34% |
|
Techno Electric & Engineering Company Limited
NSE:TECHNOE |
Engineering & Construction | 37.06% |
|
Shanghai Luoman Lighting Technologies Inc.
SHG:605289 |
Engineering & Construction | 1.07% |
|
Wuhan Xianglong Power Industry Co Ltd
SHG:600769 |
Engineering & Construction | 35.13% |
Tengda Construction Group Co Ltd Asset Resilience Ratio by Year (2017–2023)
Tengda Construction Group Co Ltd asset resilience ratio by year from 2017 to 2023. The table below shows the annual Asset Resilience Ratio data for Tengda Construction Group Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 4.84% | CN¥539.75 Million ≈ $78.98 Million |
CN¥11.14 Billion ≈ $1.63 Billion |
-8.42pp |
| 2022-12-31 | 13.26% | CN¥1.50 Billion ≈ $218.81 Million |
CN¥11.27 Billion ≈ $1.65 Billion |
+7.97pp |
| 2021-12-31 | 5.30% | CN¥612.47 Million ≈ $89.62 Million |
CN¥11.56 Billion ≈ $1.69 Billion |
-4.33pp |
| 2020-12-31 | 9.63% | CN¥1.05 Billion ≈ $153.92 Million |
CN¥10.93 Billion ≈ $1.60 Billion |
+5.54pp |
| 2019-12-31 | 4.08% | CN¥418.26 Million ≈ $61.20 Million |
CN¥10.24 Billion ≈ $1.50 Billion |
+2.48pp |
| 2018-12-31 | 1.60% | CN¥180.02 Million ≈ $26.34 Million |
CN¥11.24 Billion ≈ $1.64 Billion |
-14.84pp |
| 2017-12-31 | 16.44% | CN¥1.81 Billion ≈ $264.75 Million |
CN¥11.01 Billion ≈ $1.61 Billion |
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About Tengda Construction Group Co Ltd
Tengda Construction Group Co., Ltd. engages in the infrastructure construction business in China. The company constructs municipal roads, rail transit, highways, bridges, and other infrastructure, as well as buildings. It is also involved in the real estate development business. The company was founded in 1972 and is based in Taizhou, China.