Guangdong Wencan Die Casting Co Ltd - Asset Resilience Ratio

Latest as of December 2024: 1.15%

Guangdong Wencan Die Casting Co Ltd (603348) has an Asset Resilience Ratio of 1.15% as of December 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 working capital to net assets of Guangdong Wencan Die Casting Co Ltd to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

CN¥100.00 Million
≈ $14.63 Million USD Cash + Short-term Investments

Total Assets

CN¥8.68 Billion
≈ $1.27 Billion USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2014–2024)

This chart shows how Guangdong Wencan Die Casting Co Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Guangdong Wencan Die Casting Co Ltd assets under control.

Liquid Assets Composition Over Time

This chart breaks down Guangdong Wencan Die Casting Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read Guangdong Wencan Die Casting Co Ltd (603348) total liabilities 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¥100.00 Million 1.15%
Total Liquid Assets CN¥100.00 Million 1.15%

Asset Resilience Insights

  • Limited Liquidity: Guangdong Wencan Die Casting Co Ltd maintains only 1.15% 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.

Guangdong Wencan Die Casting Co Ltd Industry Peers by Asset Resilience Ratio

Compare Guangdong Wencan Die Casting Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Autoliv Inc
ST:ALIV-SDB
Auto Parts 7.01%
QuantumScape Corporation Class A Common Stock
NYSE:QS
Auto Parts 56.59%
Autel Intelligent Technology Corp Ltd
SHG:688208
Auto Parts 1.27%
NBTM New Materials Group Co Ltd
SHG:600114
Auto Parts 0.00%
Shanghai Jiao Yun Group Co Ltd
SHG:600676
Auto Parts 0.18%
ZYNP Corp
SHE:002448
Auto Parts 1.70%
HangZhou Radical Energy Saving Technology Co Ltd
SHE:300652
Auto Parts 11.35%
Suzhou Sonavox Electronics Co. Ltd. A
SHG:688533
Auto Parts 0.91%

Annual Asset Resilience Ratio for Guangdong Wencan Die Casting Co Ltd (2014–2024)

The table below shows the annual Asset Resilience Ratio data for Guangdong Wencan Die Casting Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-12-31 1.15% CN¥100.00 Million
≈ $14.63 Million
CN¥8.68 Billion
≈ $1.27 Billion
+1.11pp
2023-12-31 0.05% CN¥3.53 Million
≈ $516.37K
CN¥7.74 Billion
≈ $1.13 Billion
-0.04pp
2022-12-31 0.08% CN¥6.03 Million
≈ $882.00K
CN¥7.35 Billion
≈ $1.08 Billion
-10.09pp
2019-12-31 10.18% CN¥400.00 Million
≈ $58.53 Million
CN¥3.93 Billion
≈ $575.26 Million
+10.07pp
2014-12-31 0.11% CN¥1.19 Million
≈ $173.62K
CN¥1.12 Billion
≈ $164.48 Million
--
pp = percentage points

About Guangdong Wencan Die Casting Co Ltd

SHG:603348 China Auto Parts
Market Cap
$662.20 Million
CN¥4.53 Billion CNY
Market Cap Rank
#10993 Global
#3073 in China
Share Price
CN¥14.39
Change (1 day)
+1.48%
52-Week Range
CN¥12.78 - CN¥23.54
All Time High
CN¥96.73
About

Wencan Group Co., Ltd. engages in the research and development, production, and sale of automotive aluminum alloy precision castings in China, rest of Asia, Europe, and the Americas. It offers integrated body systems, such as monocoque front end, split front end, integrated side panel, and semi-monocoque rear and rear floor assembly; body structural system, including A pillar, door panel, rear lo… Read more