Zhejiang Xiantong Rubber&Plastic Co Ltd
Zhejiang Xiantong Rubber&Plastic Co.,Ltd engages in the research and development, design, production, and sale of automobile sealing strips and other automobile parts in China. The company offers automotive seals, including front door frame seals, door upper seals, rear door frame seals, door exterior water cuts, windshield exterior trim strips, decorative strips, triangular window glass seals, t… Read more
Zhejiang Xiantong Rubber&Plastic Co Ltd - Asset Resilience Ratio
Zhejiang Xiantong Rubber&Plastic Co Ltd (603239) has an Asset Resilience Ratio of 0.76% as of March 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 (2017–2023)
This chart shows how Zhejiang Xiantong Rubber&Plastic 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 Zhejiang Xiantong Rubber&Plastic 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¥11.17 Million | 0.76% |
| Total Liquid Assets | CN¥11.17 Million | 0.76% |
Asset Resilience Insights
- Limited Liquidity: Zhejiang Xiantong Rubber&Plastic Co Ltd maintains only 0.76% 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 Xiantong Rubber&Plastic Co Ltd Industry Peers by Asset Resilience Ratio
Compare Zhejiang Xiantong Rubber&Plastic Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
iQ International AG
F:IQL |
Auto Parts | 3.44% |
|
Daewonkangup
KO:000430 |
Auto Parts | 1.07% |
|
Wanxiang Qianchao Co Ltd
SHE:000559 |
Auto Parts | 0.00% |
|
Weifu High-Technology Group Co Ltd
SHE:000581 |
Auto Parts | 5.84% |
|
Gui Zhou Tyre Co Ltd
SHE:000589 |
Auto Parts | 1.28% |
|
Qingdao Doublestar Co Ltd
SHE:000599 |
Auto Parts | 0.00% |
|
Hengli Industrial Development Group Co Ltd
SHE:000622 |
Auto Parts | -0.02% |
|
Xiangyang Automobile Bearing Co Ltd
SHE:000678 |
Auto Parts | 0.04% |
Annual Asset Resilience Ratio for Zhejiang Xiantong Rubber&Plastic Co Ltd (2017–2023)
The table below shows the annual Asset Resilience Ratio data for Zhejiang Xiantong Rubber&Plastic Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 3.10% | CN¥44.39 Million | CN¥1.43 Billion | -1.95pp |
| 2022-12-31 | 5.06% | CN¥63.59 Million | CN¥1.26 Billion | +1.44pp |
| 2021-12-31 | 3.62% | CN¥51.01 Million | CN¥1.41 Billion | -11.74pp |
| 2017-12-31 | 15.36% | CN¥185.00 Million | CN¥1.20 Billion | -- |