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