Asia Cuanon Tech (Shanghai) - Asset Resilience Ratio
Asia Cuanon Tech (Shanghai) (603378) has an Asset Resilience Ratio of 0.02% 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 603378 net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2012–2019)
This chart shows how Asia Cuanon Tech (Shanghai)'s Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see how large is Asia Cuanon Tech (Shanghai)'s balance sheet.
Liquid Assets Composition Over Time
This chart breaks down Asia Cuanon Tech (Shanghai)'s liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read 603378 current and long-term 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¥1.00 Million | 0.02% |
| Total Liquid Assets | CN¥1.00 Million | 0.02% |
Asset Resilience Insights
- Limited Liquidity: Asia Cuanon Tech (Shanghai) maintains only 0.02% 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.
Asia Cuanon Tech (Shanghai) Industry Peers by Asset Resilience Ratio
Compare Asia Cuanon Tech (Shanghai)'s asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Grace Fabric Technology Co Ltd
SHG:603256 |
Specialty Chemicals | 1.23% |
|
China Minmetals Rare Earth Co Ltd
SHE:000831 |
Specialty Chemicals | 0.91% |
|
Zibo Qixiang Tengda Chemical Co Ltd
SHE:002408 |
Specialty Chemicals | 0.07% |
|
Shandong Dawn Polymer Co Ltd
SHE:002838 |
Specialty Chemicals | 0.00% |
|
Ningxia Xinri Hengli Steel Wire Rope Co Ltd
SHG:600165 |
Specialty Chemicals | 3.82% |
|
Xiamen Yanjan New Material Co Ltd
SHE:300658 |
Specialty Chemicals | 5.55% |
|
Guangdong Delian Group Co Ltd
SHE:002666 |
Specialty Chemicals | 2.71% |
|
Ningbo Color Master Batch Co. Ltd.
SHE:301019 |
Specialty Chemicals | 15.04% |
Annual Asset Resilience Ratio for Asia Cuanon Tech (Shanghai) (2012–2019)
The table below shows the annual Asset Resilience Ratio data for Asia Cuanon Tech (Shanghai).
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2019-12-31 | 1.35% | CN¥43.00 Million ≈ $6.29 Million |
CN¥3.18 Billion ≈ $465.38 Million |
+1.23pp |
| 2012-12-31 | 0.12% | CN¥411.06K ≈ $60.15K |
CN¥349.36 Million ≈ $51.12 Million |
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About Asia Cuanon Tech (Shanghai)
Asia Cuanon Technology (Shanghai) Co.,Ltd. manufactures and sells functional architectural coatings, decorated insulation panels, thermal insulation materials, and floor coatings. It offers natural stone coating, stucco coating, paint, interior wall latex paint, fillers, insulation layers, thermosetting polystyrene panels, shimo expanded polystyrene panels(SEPS), rockwool(panel/belt), polystyrene… Read more