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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2017–2020)
This chart shows how ADD Industry Zhejiang Co Ltd's Asset Resilience Ratio has changed over time. Check ADD Industry Zhejiang Co Ltd strategic capital allocation to assess the company's strategic physical and investment asset allocation.
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 market capitalisation and broader financial context, see 603089 market cap overview.
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 |
|---|---|---|
|
Solid Power Inc
NASDAQ:SLDP |
Auto Parts | 40.36% |
|
CONTINENTAL AG ADR 1/10
F:CONA |
Auto Parts | 0.38% |
|
Ningbo Shuanglin Auto Parts
SHE:300100 |
Auto Parts | 0.00% |
|
Mianyang Fulin Precision Machining Co Ltd
SHE:300432 |
Auto Parts | 0.01% |
|
Autel Intelligent Technology Corp Ltd
SHG:688208 |
Auto Parts | 1.27% |
|
Xiangyang Changyuan Donggu Industry Co Ltd
SHG:603950 |
Auto Parts | 0.84% |
|
NBTM New Materials Group Co Ltd
SHG:600114 |
Auto Parts | 0.00% |
|
Shandong Linglong Tyre Co Ltd
SHG:601966 |
Auto Parts | 0.28% |
Annual Asset Resilience Ratio for ADD Industry Zhejiang Co Ltd (2017–2020)
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 |
-- |
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