ADD Industry Zhejiang Co Ltd Asset Resilience Ratio
ADD Industry Zhejiang Co Ltd asset resilience ratio. ADD Industry Zhejiang Co Ltd (603089) has an Asset Resilience Ratio of 1.56% as of June 2021. 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. See ADD Industry Zhejiang Co Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of ADD Industry Zhejiang Co Ltd (2017–2020)
Asset resilience ratio of ADD Industry Zhejiang Co Ltd from 2017 to 2020. This chart shows how ADD Industry Zhejiang Co Ltd's Asset Resilience Ratio has changed over time. Read 603089 liabilities breakdown for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down ADD Industry Zhejiang Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For the complete balance sheet picture, see 603089 total asset value.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥30.12 Million | 1.56% |
| Total Liquid Assets | CN¥30.12 Million | 1.56% |
Asset Resilience Insights
- Limited Liquidity: ADD Industry Zhejiang Co Ltd maintains only 1.56% 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.
ADD Industry Zhejiang Co Ltd Industry Peers by Asset Resilience Ratio
Compare ADD Industry Zhejiang Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Wanxiang Qianchao Co Ltd
SHE:000559 |
Auto Parts | 0.00% |
|
Advance Auto Parts Inc
NYSE:AAP |
Auto Parts | 26.41% |
|
Lingyun Ind
SHG:600480 |
Auto Parts | 0.00% |
|
Camel Group Co Ltd
SHG:601311 |
Auto Parts | 2.49% |
|
Shenzhen Changhong Tech
SHE:300151 |
Auto Parts | 10.41% |
|
Yapp Automotive Systems Co Ltd
SHG:603013 |
Auto Parts | 5.95% |
|
Hunan Oil Pump
SHG:603319 |
Auto Parts | 0.25% |
|
Gui Zhou Tyre Co Ltd
SHE:000589 |
Auto Parts | 0.35% |
ADD Industry Zhejiang Co Ltd Asset Resilience Ratio by Year (2017–2020)
ADD Industry Zhejiang Co Ltd asset resilience ratio by year from 2017 to 2020. The table below shows the annual Asset Resilience Ratio data for ADD Industry Zhejiang Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2020-12-31 | 1.84% | CN¥33.21 Million ≈ $4.86 Million |
CN¥1.80 Billion ≈ $263.91 Million |
+1.75pp |
| 2018-12-31 | 0.09% | CN¥1.44 Million ≈ $210.78K |
CN¥1.60 Billion ≈ $233.61 Million |
-17.18pp |
| 2017-12-31 | 17.27% | CN¥181.67 Million ≈ $26.58 Million |
CN¥1.05 Billion ≈ $153.93 Million |
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About ADD Industry Zhejiang Co Ltd
ADD Industry (Zhejiang) CO., LTD manufactures and sells shock absorbers for vehicle suspension systems in China and internationally. It offers twin-tube shock absorbers, strut cartridges, shock absorbers with spring seat, struts, airbag shock absorbers, strut assemblies, steering dampers, adjustable shock absorbers, and cabin dampers for passenger vehicles and commercial vehicles. The company als… Read more