Shandong Sinoglory Health Asset Resilience Ratio

Latest as of September 2024: 3.85%

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 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Liquid Assets

CN¥50.22 Million
≈ $7.35 Million USD Cash + Short-term Investments

Total Assets

CN¥1.30 Billion
≈ $190.83 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio of Shandong Sinoglory Health (2020–2021)

Asset resilience ratio of Shandong Sinoglory Health from 2020 to 2021. This chart shows how Shandong Sinoglory Health's Asset Resilience Ratio has changed over time. Read Shandong Sinoglory Health (603182) financial obligations for a breakdown of total debt and financial obligations.

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. For the complete balance sheet picture, see 603182 asset base.

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
Saputo Inc
TO:SAP
Packaged Foods 3.36%
Guangdong Haid Group Co Ltd
SHE:002311
Packaged Foods 5.88%
The a2 Milk Company Ltd
AU:A2M
Packaged Foods 5.10%
Unibel S.A
PA:UNBL
Packaged Foods 0.24%
Bega Cheese Ltd
AU:BGA
Packaged Foods 3.44%
DXN HOLDINGS BHD.
KLSE:5318
Packaged Foods 0.57%
Seoul Food
KO:004410
Packaged Foods 0.00%
Diamond Food Indonesia PT
JK:DMND
Packaged Foods 4.99%

Shandong Sinoglory Health Asset Resilience Ratio by Year (2020–2021)

Shandong Sinoglory Health asset resilience ratio by year from 2020 to 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
--
pp = percentage points

About Shandong Sinoglory Health

SHG:603182 China Packaged Foods
Market Cap
$278.83 Million
CN¥1.91 Billion CNY
Market Cap Rank
#14860 Global
#4399 in China
Share Price
CN¥11.58
Change (1 day)
-1.03%
52-Week Range
CN¥10.84 - CN¥17.35
All Time High
CN¥21.04
About

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