Zhejiang Red Dragonfly Footwear Co Ltd - Asset Resilience Ratio
Zhejiang Red Dragonfly Footwear Co Ltd (603116) has an Asset Resilience Ratio of 8.03% as of June 2026. 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 working capital to net assets of Zhejiang Red Dragonfly Footwear Co Ltd to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2015–2025)
This chart shows how Zhejiang Red Dragonfly Footwear Co Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Zhejiang Red Dragonfly Footwear Co Ltd total assets.
Liquid Assets Composition Over Time
This chart breaks down Zhejiang Red Dragonfly Footwear Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore 603116 strategic capital deployment ratio 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¥276.28 Million | 8.03% |
| Total Liquid Assets | CN¥276.28 Million | 8.03% |
Asset Resilience Insights
- Limited Liquidity: Zhejiang Red Dragonfly Footwear Co Ltd maintains only 8.03% 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 Red Dragonfly Footwear Co Ltd Industry Peers by Asset Resilience Ratio
Compare Zhejiang Red Dragonfly Footwear Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Pou Chen Corp
TW:9904 |
Footwear & Accessories | 8.00% |
|
Baiksan
KO:035150 |
Footwear & Accessories | 2.63% |
|
Samyang Tongsang Co. Ltd.
KO:002170 |
Footwear & Accessories | 46.67% |
|
Victory New Materials Ltd Co
TW:1340 |
Footwear & Accessories | 9.40% |
|
Grimoldi SA
BA:GRIM |
Footwear & Accessories | 16.99% |
|
Merchant House International Ltd
AU:MHI |
Footwear & Accessories | 62.43% |
|
Vulcabras Azaleia S.A
SA:VULC3 |
Footwear & Accessories | 5.26% |
|
Alpargatas S.A
SA:ALPA3 |
Footwear & Accessories | 6.47% |
Annual Asset Resilience Ratio for Zhejiang Red Dragonfly Footwear Co Ltd (2015–2025)
The table below shows the annual Asset Resilience Ratio data for Zhejiang Red Dragonfly Footwear Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2025-12-31 | 4.75% | CN¥172.08 Million ≈ $25.18 Million |
CN¥3.62 Billion ≈ $530.02 Million |
-2.65pp |
| 2024-12-31 | 7.40% | CN¥292.98 Million ≈ $42.87 Million |
CN¥3.96 Billion ≈ $579.16 Million |
+6.68pp |
| 2023-12-31 | 0.72% | CN¥31.42 Million ≈ $4.60 Million |
CN¥4.36 Billion ≈ $638.22 Million |
-6.71pp |
| 2022-12-31 | 7.43% | CN¥350.47 Million ≈ $51.28 Million |
CN¥4.72 Billion ≈ $690.26 Million |
-12.88pp |
| 2021-12-31 | 20.31% | CN¥924.11 Million ≈ $135.23 Million |
CN¥4.55 Billion ≈ $665.75 Million |
-0.61pp |
| 2020-12-31 | 20.92% | CN¥1.02 Billion ≈ $149.56 Million |
CN¥4.88 Billion ≈ $714.83 Million |
+1.07pp |
| 2019-12-31 | 19.86% | CN¥922.72 Million ≈ $135.02 Million |
CN¥4.65 Billion ≈ $679.98 Million |
-4.28pp |
| 2018-12-31 | 24.14% | CN¥1.12 Billion ≈ $164.43 Million |
CN¥4.65 Billion ≈ $681.14 Million |
-0.85pp |
| 2017-12-31 | 24.99% | CN¥1.16 Billion ≈ $169.74 Million |
CN¥4.64 Billion ≈ $679.15 Million |
+1.31pp |
| 2016-12-31 | 23.68% | CN¥1.04 Billion ≈ $152.18 Million |
CN¥4.39 Billion ≈ $642.59 Million |
+5.91pp |
| 2015-12-31 | 17.78% | CN¥720.00 Million ≈ $105.36 Million |
CN¥4.05 Billion ≈ $592.69 Million |
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About Zhejiang Red Dragonfly Footwear Co Ltd
Zhejiang Red Dragonfly Footwear Co., Ltd. designs, develops, manufactures, and sells shoes for adults in China. The company also offers luggage bags and leather goods, and children's products. It sells its products under the Red Dragonfly brand through offline and online channel. The company was founded in 1995 and is headquartered in Wenzhou, China.