Zhejiang Taihua New Material - Asset Resilience Ratio

Latest as of March 2025: 0.43%

Zhejiang Taihua New Material (603055) has an Asset Resilience Ratio of 0.43% as of March 2025. 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 Zhejiang Taihua New Material (603055) total liabilities for a breakdown of total debt and financial obligations.

Liquid Assets

CN¥50.00 Million

≈ $7.32 Million USD Cash + Short-term Investments

Total Assets

CN¥11.69 Billion

≈ $1.71 Billion USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio Trend (2017–2022)

This chart shows how Zhejiang Taihua New Material's Asset Resilience Ratio has changed over time. See 603055 book value for net asset value and shareholders' equity analysis.

Liquid Assets Composition Over Time

This chart breaks down Zhejiang Taihua New Material'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 how much is Zhejiang Taihua New Material worth.

Current Liquid Assets Breakdown

Component	Amount	% of Total Assets
Cash & Equivalents	CN¥0.00	0%
Short-term Investments	CN¥50.00 Million	0.43%
Total Liquid Assets	CN¥50.00 Million	0.43%

Asset Resilience Insights

Limited Liquidity: Zhejiang Taihua New Material maintains only 0.43% 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 Taihua New Material Industry Peers by Asset Resilience Ratio

Compare Zhejiang Taihua New Material's asset resilience ratio with other companies in the same industry.

Company	Industry	Asset Resilience Ratio
Bros Eastern Co Ltd SHG:601339	Textile Manufacturing	3.00%
Shanghai Shenda Co Ltd SHG:600626	Textile Manufacturing	0.00%
Shanghai Challenge Textile Co Ltd SHE:002486	Textile Manufacturing	-0.82%
Lu Thai Textile SHE:200726	Textile Manufacturing	7.56%
Hangzhou Wensli Silk Culture Co. Ltd. SHE:301066	Textile Manufacturing	0.03%
Chuwa Wool Industry Co Taiwan Ltd TW:1439	Textile Manufacturing	3.08%
Kingdom Holdings Limited F:K7A	Textile Manufacturing	0.58%
Nahar Industrial Enterprises Limited NSE:NAHARINDUS	Textile Manufacturing	1.32%

Annual Asset Resilience Ratio for Zhejiang Taihua New Material (2017–2022)

The table below shows the annual Asset Resilience Ratio data for Zhejiang Taihua New Material.

Year	Asset Resilience Ratio (%)	Liquid Assets	Total Assets	Change
2022-12-31	0.82%	CN¥61.88 Million ≈ $9.06 Million	CN¥7.59 Billion ≈ $1.11 Billion	-0.53pp
2021-12-31	1.35%	CN¥86.52 Million ≈ $12.66 Million	CN¥6.43 Billion ≈ $940.60 Million	-1.04pp
2020-12-31	2.39%	CN¥130.25 Million ≈ $19.06 Million	CN¥5.45 Billion ≈ $797.95 Million	+0.21pp
2019-12-31	2.18%	CN¥100.03 Million ≈ $14.64 Million	CN¥4.59 Billion ≈ $671.96 Million	-6.89pp
2017-12-31	9.07%	CN¥300.00 Million ≈ $43.90 Million	CN¥3.31 Billion ≈ $483.84 Million	--

pp = percentage points

About Zhejiang Taihua New Material

SHG:603055 China Textile Manufacturing

Market Cap

$1.20 Billion

CN¥8.18 Billion CNY

Market Cap Rank

#8389 Global

#2167 in China

Share Price

CN¥9.19

Change (1 day)

+1.32%

52-Week Range

CN¥8.65 - CN¥10.60

All Time High

CN¥20.16