Zhejiang Xiantong Rubber&Plastic Co Ltd Asset Resilience Ratio
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. See 603239 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Zhejiang Xiantong Rubber&Plastic Co Ltd (2017–2023)
Asset resilience ratio of Zhejiang Xiantong Rubber&Plastic Co Ltd from 2017 to 2023. This chart shows how Zhejiang Xiantong Rubber&Plastic Co Ltd's Asset Resilience Ratio has changed over time. Read Zhejiang Xiantong Rubber&Plastic Co Ltd total liabilities for a breakdown of total debt and financial obligations.
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. For the complete balance sheet picture, see 603239 total assets.
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 |
|---|---|---|
|
Autoliv Inc
NYSE:ALV |
Auto Parts | 6.99% |
|
Balkrishna Industries Limited
NSE:BALKRISIND |
Auto Parts | 8.16% |
|
Bethel Automotive Safety Systems Co Ltd Class A
SHG:603596 |
Auto Parts | 13.99% |
|
QuantumScape Corporation Class A Common Stock
NYSE:QS |
Auto Parts | 56.59% |
|
Changzhou NRB Corp
SHE:002708 |
Auto Parts | 1.35% |
|
CEAT Limited
NSE:CEATLTD |
Auto Parts | 1.82% |
|
Lingyun Ind
SHG:600480 |
Auto Parts | 0.00% |
|
FAWER Automotive Parts Ltd Co
SHE:000030 |
Auto Parts | 1.58% |
Zhejiang Xiantong Rubber&Plastic Co Ltd Asset Resilience Ratio by Year (2017–2023)
Zhejiang Xiantong Rubber&Plastic Co Ltd asset resilience ratio by year from 2017 to 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 ≈ $6.50 Million |
CN¥1.43 Billion ≈ $209.26 Million |
-1.95pp |
| 2022-12-31 | 5.06% | CN¥63.59 Million ≈ $9.31 Million |
CN¥1.26 Billion ≈ $183.96 Million |
+1.44pp |
| 2021-12-31 | 3.62% | CN¥51.01 Million ≈ $7.46 Million |
CN¥1.41 Billion ≈ $206.15 Million |
-11.74pp |
| 2017-12-31 | 15.36% | CN¥185.00 Million ≈ $27.07 Million |
CN¥1.20 Billion ≈ $176.22 Million |
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About Zhejiang Xiantong Rubber&Plastic Co Ltd
Zhejiang Xiantong Rubber&Plastic Co.,Ltd engages in the research and development, design, production, and sale of automotive sealing strips and other automobile parts in China. The company offers automotive sealing strips, including front door frame sealing strips, door sealing strips, rear door frame sealing strips, exterior door weatherstripping, windshield exterior trim strips, triangular wind… Read more