Luoyang Glass
Triumph New Energy Company Limited engages in research and development, manufacturing, and sales of new energy materials. The company provides screen printed glass, drilled tempered glass, ultra-clear and ultra-thin photovoltaic glass, rolled photovoltaic coated and tempered glass, rolled photovoltaic glass, original glass, tempered glass, AR coated glass, back glass, double glass component glass… Read more
Luoyang Glass - Asset Resilience Ratio
Luoyang Glass (600876) has an Asset Resilience Ratio of 0.85% as of September 2006. 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 (1995–2005)
This chart shows how Luoyang Glass's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Luoyang Glass's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥24.00 Million | 0.85% |
| Total Liquid Assets | CN¥24.00 Million | 0.85% |
Asset Resilience Insights
- Limited Liquidity: Luoyang Glass maintains only 0.85% 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.
Luoyang Glass Industry Peers by Asset Resilience Ratio
Compare Luoyang Glass's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Busan Ind
KO:011390 |
Building Materials | 0.40% |
|
CSG Holding Co Ltd
SHE:000012 |
Building Materials | 0.32% |
|
Tangshan Jidong Cement Co Ltd
SHE:000401 |
Building Materials | -2.39% |
|
Chosun Refractories Co Ltd
KO:000480 |
Building Materials | 6.76% |
|
Gansu Shangfeng Cement Co Ltd
SHE:000672 |
Building Materials | 9.72% |
|
Jiangxi Wannianqing Cement Co Ltd
SHE:000789 |
Building Materials | 0.00% |
|
Xinjiang Tianshan Cement Co Ltd
SHE:000877 |
Building Materials | 0.37% |
|
Sinostone Guangdong Co Ltd
SHE:001212 |
Building Materials | 34.10% |
Annual Asset Resilience Ratio for Luoyang Glass (1995–2005)
The table below shows the annual Asset Resilience Ratio data for Luoyang Glass.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2005-12-31 | 0.40% | CN¥10.50 Million | CN¥2.60 Billion | -0.10pp |
| 2004-12-31 | 0.50% | CN¥11.00 Million | CN¥2.18 Billion | +0.03pp |
| 2003-12-31 | 0.47% | CN¥11.00 Million | CN¥2.32 Billion | -1.12pp |
| 2002-12-31 | 1.60% | CN¥45.30 Million | CN¥2.84 Billion | -9.09pp |
| 2000-12-31 | 10.69% | CN¥308.70 Million | CN¥2.89 Billion | +10.34pp |
| 1996-12-31 | 0.34% | CN¥11.07 Million | CN¥3.24 Billion | -1.83pp |
| 1995-12-31 | 2.17% | CN¥64.61 Million | CN¥2.97 Billion | -- |