AA Industrial Belting

SHG:603580 China Specialty Industrial Machinery
Market Cap
$268.21 Million
CN¥1.97 Billion CNY
Market Cap Rank
#18988 Global
#4623 in China
Share Price
CN¥15.06
Change (1 day)
-2.96%
52-Week Range
CN¥12.82 - CN¥19.67
All Time High
CN¥33.01
About

AA Industrial Belting (Shanghai) Co.,Ltd researches, develops, produces, and sells light conveyor belts in China. The company offers PVC conveyor belts, oil-resistant PVC conveyor belts, PU conveyor belts, PE conveyor belts, and TPEE conveyor belts; and lightweight conveyor, easy-clean, synchronous, felt, roller tension, elevator steel, and winding aid belts, as well as auxiliary materials. Its p… Read more

AA Industrial Belting - Asset Resilience Ratio

Latest as of September 2021: 1.77%

AA Industrial Belting (603580) has an Asset Resilience Ratio of 1.77% as of September 2021. 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
CN¥10.00 Million
Cash + Short-term Investments
Total Assets
CN¥566.14 Million
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2019–2020)

This chart shows how AA Industrial Belting's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down AA Industrial Belting'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¥10.00 Million 1.77%
Total Liquid Assets CN¥10.00 Million 1.77%

Asset Resilience Insights

  • Limited Liquidity: AA Industrial Belting maintains only 1.77% 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.

AA Industrial Belting Industry Peers by Asset Resilience Ratio

Compare AA Industrial Belting's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Hanil Vacuum Co. Ltd
KQ:123840
Specialty Industrial Machinery 0.02%
Ivisionworks Co.,Ltd.
KQ:469750
Specialty Industrial Machinery 37.88%
Huayi Compressor Co Ltd
SHE:000404
Specialty Industrial Machinery 1.38%
Shenyang Machine Tool Co Ltd
SHE:000410
Specialty Industrial Machinery -6.78%
North Industries Group Red Arrow Co Ltd
SHE:000519
Specialty Industrial Machinery 0.33%
Changchai Co Ltd
SHE:000570
Specialty Industrial Machinery 6.78%
Jiangsu Youli Investment Holding Co Ltd
SHE:000584
Specialty Industrial Machinery 1.07%
Baota Industry Co Ltd
SHE:000595
Specialty Industrial Machinery 1.20%

Annual Asset Resilience Ratio for AA Industrial Belting (2019–2020)

The table below shows the annual Asset Resilience Ratio data for AA Industrial Belting.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2020-12-31 12.17% CN¥60.27 Million CN¥495.26 Million -3.05pp
2019-12-31 15.22% CN¥70.44 Million CN¥462.88 Million --
pp = percentage points