Shandong Sinoglory Health - Asset Resilience Ratio
Shandong Sinoglory Health (603182) has an Asset Resilience Ratio of 3.85% as of September 2024. 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 603182 current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2020–2021)
This chart shows how Shandong Sinoglory Health's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see 603182 current and non-current assets.
Liquid Assets Composition Over Time
This chart breaks down Shandong Sinoglory Health's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read how much debt does Shandong Sinoglory Health carry 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¥50.22 Million | 3.85% |
| Total Liquid Assets | CN¥50.22 Million | 3.85% |
Asset Resilience Insights
- Limited Liquidity: Shandong Sinoglory Health maintains only 3.85% 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.
Shandong Sinoglory Health Industry Peers by Asset Resilience Ratio
Compare Shandong Sinoglory Health's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Nestle S.A.
SW:NESN |
Packaged Foods | 2.01% |
|
Uni-President Enterprises Corp
TW:1216 |
Packaged Foods | 4.53% |
|
The Magnum Ice Cream Company N.V.
AS:MICC |
Packaged Foods | 0.11% |
|
Conagra Brands, Inc.
NYSE:CAG |
Packaged Foods | 0.29% |
|
Alfa S.A.B. de C.V.
MX:ALFAA |
Packaged Foods | 0.74% |
|
Premium Brands Holdings Corporation
TO:PBH |
Packaged Foods | 0.49% |
|
Chongqing Fuling Zhacai Group Co Ltd
SHE:002507 |
Packaged Foods | 27.78% |
|
Juewei Food Co Ltd
SHG:603517 |
Packaged Foods | 3.18% |
Annual Asset Resilience Ratio for Shandong Sinoglory Health (2020–2021)
The table below shows the annual Asset Resilience Ratio data for Shandong Sinoglory Health.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2021-12-31 | 0.09% | CN¥720.29K ≈ $105.40K |
CN¥805.58 Million ≈ $117.88 Million |
+0.06pp |
| 2020-12-31 | 0.03% | CN¥192.34K ≈ $28.15K |
CN¥630.51 Million ≈ $92.26 Million |
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About Shandong Sinoglory Health
Shandong Sinoglory Health Food Co., Ltd., together with its subsidiaries, produces and sells soybean protein series products under the SINOGLORY brand in China and internationally. The company offers soy protein powder drinks, soybean oil, soy dietary fiber products, soy protein isolates and concentrates, textured soy protein products, and low-temperature edible soybean meals for meat application… Read more