Luoyang Glass - Asset Resilience Ratio

Latest as of September 2006: 0.85%

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. Read 600876 total liabilities for a breakdown of total debt and financial obligations.

Liquid Assets

CN¥24.00 Million
≈ $3.51 Million USD Cash + Short-term Investments

Total Assets

CN¥2.84 Billion
≈ $415.23 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (1995–2005)

This chart shows how Luoyang Glass's Asset Resilience Ratio has changed over time. See Luoyang Glass shareholders equity for net asset value and shareholders' equity analysis.

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 Luoyang Glass stock valuation.

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
Taiyuan Lionhead Cement Co Ltd
SHG:600539
Building Materials 4.31%
Hubei Guochuang Hi-tech Material Co Ltd
SHE:002377
Building Materials -2.69%
Cemacon Zalau
RO:CEON
Building Materials 0.00%
Captivision Inc
NASDAQ:CAPT
Building Materials 528.02%
Loma Negra Compania Industrial Argentina SA
BA:LOMA
Building Materials 5.62%
Holcim Argentina SA
BA:HARG
Building Materials 0.00%
James Hardie Industries Plc
AU:JHX
Building Materials 2.49%
Brickworks Ltd
AU:BKW
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
--
pp = percentage points

About Luoyang Glass

SHG:600876 China Building Materials
Market Cap
$518.20 Million
CN¥3.54 Billion CNY
Market Cap Rank
#12443 Global
#3808 in China
Share Price
CN¥8.95
Change (1 day)
+3.47%
52-Week Range
CN¥8.65 - CN¥13.10
All Time High
CN¥44.89
About

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