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. Check 600876 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 Luoyang Glass'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 Luoyang Glass.
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 |
|---|---|---|
|
Cementos Bio-B
SN:CEMENTOS |
Building Materials | 0.00% |
|
Orient Cement Limited
NSE:ORIENTCEM |
Building Materials | 1.29% |
|
Sichuan Golden Summit Group Joint Stock Co Ltd
SHG:600678 |
Building Materials | 0.08% |
|
Herige SA
PA:ALHRG |
Building Materials | 12.58% |
|
Sephaku Holdings Ltd
JSE:SEP |
Building Materials | 0.14% |
|
TWay Holdings
KO:004870 |
Building Materials | 1.20% |
|
Loma Negra Compania Industrial Argentina SA
BA:LOMA |
Building Materials | 5.62% |
|
Holcim Argentina SA
BA:HARG |
Building Materials | 0.00% |
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 ≈ $1.54 Million |
CN¥2.60 Billion ≈ $380.30 Million |
-0.10pp |
| 2004-12-31 | 0.50% | CN¥11.00 Million ≈ $1.61 Million |
CN¥2.18 Billion ≈ $319.61 Million |
+0.03pp |
| 2003-12-31 | 0.47% | CN¥11.00 Million ≈ $1.61 Million |
CN¥2.32 Billion ≈ $340.02 Million |
-1.12pp |
| 2002-12-31 | 1.60% | CN¥45.30 Million ≈ $6.63 Million |
CN¥2.84 Billion ≈ $414.95 Million |
-9.09pp |
| 2000-12-31 | 10.69% | CN¥308.70 Million ≈ $45.17 Million |
CN¥2.89 Billion ≈ $422.76 Million |
+10.34pp |
| 1996-12-31 | 0.34% | CN¥11.07 Million ≈ $1.62 Million |
CN¥3.24 Billion ≈ $474.01 Million |
-1.83pp |
| 1995-12-31 | 2.17% | CN¥64.61 Million ≈ $9.46 Million |
CN¥2.97 Billion ≈ $434.81 Million |
-- |
About Luoyang Glass
Triumph New Energy Company Limited engages in research, development, production, and sales of new energy materials. The company provides screen printed glass, backboard drilling tempered glass, ultra white ultra-thin photovoltaic glass, ultra white rolled photovoltaic coated glass, ultra white rolled photovoltaic tempered glass, ultra white rolled photovoltaic raw glass, original glass, tempered … Read more