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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2017–2023)
This chart shows how Tengda Construction Group Co Ltd's Asset Resilience Ratio has changed over time. Check 600512 strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
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 market capitalisation and broader financial context, see market value of Tengda Construction Group Co Ltd.
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 |
|---|---|---|
|
Kolon Global Corp
KO:003075 |
Engineering & Construction | 0.54% |
|
Hui Lyu Ecological Technology Groups Co Ltd
SHE:001267 |
Engineering & Construction | 1.20% |
|
Chinhung International Inc
KO:002785 |
Engineering & Construction | 0.70% |
|
Chinhung International Inc. Pfd. Series 2
KO:002787 |
Engineering & Construction | 0.70% |
|
Eiffage SA
PA:FGR |
Engineering & Construction | 0.19% |
|
China Railway Construction Corp Ltd
SHG:601186 |
Engineering & Construction | 0.07% |
|
China Natl Chem Engineering Co
SHG:601117 |
Engineering & Construction | 0.30% |
|
Kumho Industrial Co Ltd
KO:002995 |
Engineering & Construction | 0.34% |
Annual Asset Resilience Ratio for Tengda Construction Group Co Ltd (2017–2023)
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, underground tunnels, water supply and drainage projects, high-grade roads, expressway construction, and other projects. It is also involved in the real estate development business. The company was founded in 1995 and is based in Taizhou, China.