Zhejiang CONBA Pharmaceutical Co Ltd - Asset Resilience Ratio
Zhejiang CONBA Pharmaceutical Co Ltd (600572) has an Asset Resilience Ratio of 0.02% as of March 2021. 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. Check 600572 strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2001–2020)
This chart shows how Zhejiang CONBA Pharmaceutical Co Ltd's Asset Resilience Ratio has changed over time. See Zhejiang CONBA Pharmaceutical Co Ltd (600572) net asset quality to measure how much of total assets are equity-financed.
Liquid Assets Composition Over Time
This chart breaks down Zhejiang CONBA Pharmaceutical 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 Zhejiang CONBA Pharmaceutical Co Ltd stock valuation.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥1.80 Million | 0.02% |
| Total Liquid Assets | CN¥1.80 Million | 0.02% |
Asset Resilience Insights
- Limited Liquidity: Zhejiang CONBA Pharmaceutical Co Ltd maintains only 0.02% 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.
Zhejiang CONBA Pharmaceutical Co Ltd Industry Peers by Asset Resilience Ratio
Compare Zhejiang CONBA Pharmaceutical Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Tonghua Dongbao Pharmaceutical Co Ltd
SHG:600867 |
Drug Manufacturers - Specialty & Generic | 0.76% |
|
Eris Lifesciences Limited
NSE:ERIS |
Drug Manufacturers - Specialty & Generic | 0.58% |
|
Zhejiang Hisun Pharmaceutical Co Ltd
SHG:600267 |
Drug Manufacturers - Specialty & Generic | 0.01% |
|
Lotus Pharmaceutical Co Ltd
TW:1795 |
Drug Manufacturers - Specialty & Generic | 0.49% |
|
Tasly Pharmaceutical Group Co Ltd
SHG:600535 |
Drug Manufacturers - Specialty & Generic | 11.69% |
|
Changzhou Qianhong Biopharma Co Ltd
SHE:002550 |
Drug Manufacturers - Specialty & Generic | 18.70% |
|
Renhe Pharmacy Co Ltd
SHE:000650 |
Drug Manufacturers - Specialty & Generic | 37.54% |
|
Sun Pharma Advanced Research Company Limited
NSE:SPARC |
Drug Manufacturers - Specialty & Generic | 0.64% |
Annual Asset Resilience Ratio for Zhejiang CONBA Pharmaceutical Co Ltd (2001–2020)
The table below shows the annual Asset Resilience Ratio data for Zhejiang CONBA Pharmaceutical Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2020-12-31 | 0.02% | CN¥1.80 Million ≈ $262.70K |
CN¥9.28 Billion ≈ $1.36 Billion |
-0.11pp |
| 2019-12-31 | 0.13% | CN¥13.04 Million ≈ $1.91 Million |
CN¥9.86 Billion ≈ $1.44 Billion |
-0.38pp |
| 2018-12-31 | 0.51% | CN¥54.87 Million ≈ $8.03 Million |
CN¥10.71 Billion ≈ $1.57 Billion |
-1.02pp |
| 2017-12-31 | 1.53% | CN¥144.02 Million ≈ $21.07 Million |
CN¥9.42 Billion ≈ $1.38 Billion |
+0.69pp |
| 2016-12-31 | 0.84% | CN¥71.48 Million ≈ $10.46 Million |
CN¥8.50 Billion ≈ $1.24 Billion |
+0.01pp |
| 2015-12-31 | 0.83% | CN¥79.23 Million ≈ $11.59 Million |
CN¥9.57 Billion ≈ $1.40 Billion |
+0.74pp |
| 2014-12-31 | 0.09% | CN¥5.50 Million ≈ $804.82K |
CN¥6.30 Billion ≈ $921.72 Million |
+0.08pp |
| 2008-12-31 | 0.00% | CN¥64.05K ≈ $9.37K |
CN¥1.57 Billion ≈ $229.63 Million |
-0.06pp |
| 2007-12-31 | 0.06% | CN¥935.55K ≈ $136.90K |
CN¥1.55 Billion ≈ $226.53 Million |
+0.04pp |
| 2006-12-31 | 0.02% | CN¥240.44K ≈ $35.18K |
CN¥1.26 Billion ≈ $183.77 Million |
+0.00pp |
| 2005-12-31 | 0.01% | CN¥171.72K ≈ $25.13K |
CN¥1.16 Billion ≈ $169.10 Million |
0.00pp |
| 2004-12-31 | 0.02% | CN¥167.78K ≈ $24.55K |
CN¥981.41 Million ≈ $143.61 Million |
-0.01pp |
| 2003-12-31 | 0.03% | CN¥174.31K ≈ $25.51K |
CN¥581.65 Million ≈ $85.11 Million |
-0.03pp |
| 2002-12-31 | 0.06% | CN¥269.97K ≈ $39.51K |
CN¥462.63 Million ≈ $67.70 Million |
-0.21pp |
| 2001-12-31 | 0.27% | CN¥1.22 Million ≈ $178.61K |
CN¥447.63 Million ≈ $65.50 Million |
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About Zhejiang CONBA Pharmaceutical Co Ltd
Zhejiang CONBA Pharmaceutical Co.,Ltd. engages in the research, development, production, and sales of pharmaceuticals and health products in mainland China. It offers medicines, Chinese patent medicines, chemical medicines, Chinese herbal medicine slices, and health products. The company also provides Chinese decoction pieces; over-the-counter medications; healthy consumer products, including nut… Read more