Zhangjiagang Elegant Home Tech Co Ltd
Elegant Home-Tech Co., Ltd. engages in the research and development, production, and sales of polyvinyl chloride (PVC) elastic floorings in China and internationally. It offers flooring, wall panel, and molding products. The company was founded in 1999 and is based in Zhangjiagang, China.
Zhangjiagang Elegant Home Tech Co Ltd - Asset Resilience Ratio
Zhangjiagang Elegant Home Tech Co Ltd (603221) has an Asset Resilience Ratio of 0.04% 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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2020–2023)
This chart shows how Zhangjiagang Elegant Home Tech Co Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Zhangjiagang Elegant Home Tech Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥925.94K | 0.04% |
| Total Liquid Assets | CN¥925.94K | 0.04% |
Asset Resilience Insights
- Limited Liquidity: Zhangjiagang Elegant Home Tech Co Ltd maintains only 0.04% 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.
Zhangjiagang Elegant Home Tech Co Ltd Industry Peers by Asset Resilience Ratio
Compare Zhangjiagang Elegant Home Tech Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
CNlight Co Ltd
SHE:002076 |
Furnishings, Fixtures & Appliances | 1.73% |
|
Wooree Lighting Co.Ltd
KQ:037400 |
Furnishings, Fixtures & Appliances | 3.28% |
|
Midea Group Co Ltd
SHE:000333 |
Furnishings, Fixtures & Appliances | 0.55% |
|
Changhong Meiling Co Ltd
SHE:000521 |
Furnishings, Fixtures & Appliances | 7.38% |
|
Gree Electric Appliances Inc of Zhuhai
SHE:000651 |
Furnishings, Fixtures & Appliances | 7.44% |
|
Hisense Kelon Electrical Holdings Co Ltd
SHE:000921 |
Furnishings, Fixtures & Appliances | 29.23% |
|
Suncha Technology Co Ltd
SHE:001211 |
Furnishings, Fixtures & Appliances | 0.07% |
|
Beijing Liven Technology Co. Ltd.
SHE:001259 |
Furnishings, Fixtures & Appliances | 0.00% |
Annual Asset Resilience Ratio for Zhangjiagang Elegant Home Tech Co Ltd (2020–2023)
The table below shows the annual Asset Resilience Ratio data for Zhangjiagang Elegant Home Tech Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 0.36% | CN¥8.05 Million | CN¥2.22 Billion | -15.00pp |
| 2020-12-31 | 15.36% | CN¥272.10 Million | CN¥1.77 Billion | -- |