ADD Industry Zhejiang Co Ltd - Asset Resilience Ratio

Latest as of June 2021: 1.56%

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 603089 working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

CN¥30.12 Million
≈ $4.41 Million USD Cash + Short-term Investments

Total Assets

CN¥1.93 Billion
≈ $282.37 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2017–2020)

This chart shows how ADD Industry Zhejiang Co Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see 603089 total assets.

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. Explore 603089 long-term investment intensity to see how much of total assets are deployed in long-term investments.

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
Autoliv Inc
ST:ALIV-SDB
Auto Parts 7.01%
QuantumScape Corporation Class A Common Stock
NYSE:QS
Auto Parts 56.59%
Autel Intelligent Technology Corp Ltd
SHG:688208
Auto Parts 1.27%
NBTM New Materials Group Co Ltd
SHG:600114
Auto Parts 0.00%
Shanghai Jiao Yun Group Co Ltd
SHG:600676
Auto Parts 0.18%
ZYNP Corp
SHE:002448
Auto Parts 1.70%
HangZhou Radical Energy Saving Technology Co Ltd
SHE:300652
Auto Parts 11.35%
Suzhou Sonavox Electronics Co. Ltd. A
SHG:688533
Auto Parts 0.91%

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
--
pp = percentage points

About ADD Industry Zhejiang Co Ltd

SHG:603089 China Auto Parts
Market Cap
$338.95 Million
CN¥2.32 Billion CNY
Market Cap Rank
#14404 Global
#4334 in China
Share Price
CN¥9.65
Change (1 day)
+0.00%
52-Week Range
CN¥7.78 - CN¥16.27
All Time High
CN¥22.55
About

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