Jiangsu Xinquan Automotive Trim Co Ltd - Asset Resilience Ratio
Jiangsu Xinquan Automotive Trim Co Ltd (603179) has an Asset Resilience Ratio of 0.82% as of September 2023. 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 Jiangsu Xinquan Automotive Trim Co Ltd short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2018–2022)
This chart shows how Jiangsu Xinquan Automotive Trim Co Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Jiangsu Xinquan Automotive Trim Co Ltd balance sheet assets.
Liquid Assets Composition Over Time
This chart breaks down Jiangsu Xinquan Automotive Trim Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read Jiangsu Xinquan Automotive Trim Co Ltd (603179) financial obligations for a breakdown of total debt and financial obligations.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥100.00 Million | 0.82% |
| Total Liquid Assets | CN¥100.00 Million | 0.82% |
Asset Resilience Insights
- Limited Liquidity: Jiangsu Xinquan Automotive Trim Co Ltd maintains only 0.82% 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.
Jiangsu Xinquan Automotive Trim Co Ltd Industry Peers by Asset Resilience Ratio
Compare Jiangsu Xinquan Automotive Trim Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Balkrishna Industries Limited
NSE:BALKRISIND |
Auto Parts | 8.16% |
|
Ningbo Jifeng Auto Parts Co
SHG:603997 |
Auto Parts | 0.73% |
|
Qingdao Sentury Tire Co Ltd
SHE:002984 |
Auto Parts | 3.38% |
|
Greatoo Inc
SHE:002031 |
Auto Parts | -0.59% |
|
Shenzhen Changhong Tech
SHE:300151 |
Auto Parts | 10.41% |
|
Kuangda Technology Group Co Ltd
SHE:002516 |
Auto Parts | 19.18% |
|
Nokian Renkaat Oyj
HE:TYRES |
Auto Parts | 5.12% |
|
NBTM New Materials Group Co Ltd
SHG:600114 |
Auto Parts | 0.00% |
Annual Asset Resilience Ratio for Jiangsu Xinquan Automotive Trim Co Ltd (2018–2022)
The table below shows the annual Asset Resilience Ratio data for Jiangsu Xinquan Automotive Trim Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2022-12-31 | 1.08% | CN¥100.95 Million ≈ $14.77 Million |
CN¥9.34 Billion ≈ $1.37 Billion |
-2.61pp |
| 2021-12-31 | 3.69% | CN¥273.06 Million ≈ $39.96 Million |
CN¥7.41 Billion ≈ $1.08 Billion |
+3.42pp |
| 2019-12-31 | 0.26% | CN¥12.69 Million ≈ $1.86 Million |
CN¥4.81 Billion ≈ $703.77 Million |
-0.06pp |
| 2018-12-31 | 0.32% | CN¥12.62 Million ≈ $1.85 Million |
CN¥3.91 Billion ≈ $571.91 Million |
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About Jiangsu Xinquan Automotive Trim Co Ltd
Jiangsu Xinquan Automotive Trim Co.,Ltd., together with its subsidiaries, designs, develops, manufactures, and sells automotive interior and exterior trim components and molds in China and internationally. The company offers instrument panel, overhead filing cabinet, door trim, column trim, drainage channel cover, bumper, and seat assemblies. It imports and exports various products and technologi… Read more