Zhejiang Tony Electronic Co Ltd - Asset Resilience Ratio
Zhejiang Tony Electronic Co Ltd (603595) has an Asset Resilience Ratio of 0.90% as of December 2020. 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 Zhejiang Tony Electronic Co Ltd current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2019–2020)
This chart shows how Zhejiang Tony Electronic Co Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Zhejiang Tony Electronic Co Ltd assets under control.
Liquid Assets Composition Over Time
This chart breaks down Zhejiang Tony Electronic Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read Zhejiang Tony Electronic Co Ltd (603595) 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¥20.00 Million | 0.9% |
| Total Liquid Assets | CN¥20.00 Million | 0.90% |
Asset Resilience Insights
- Limited Liquidity: Zhejiang Tony Electronic Co Ltd maintains only 0.90% 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 Tony Electronic Co Ltd Industry Peers by Asset Resilience Ratio
Compare Zhejiang Tony Electronic Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Hongfa Technology Co Ltd
SHG:600885 |
Electrical Equipment & Parts | 0.00% |
|
Ecopro BM. Co. Ltd
KQ:247540 |
Electrical Equipment & Parts | 0.34% |
|
Roshow Technology Co Ltd
SHE:002617 |
Electrical Equipment & Parts | 0.97% |
|
Shenzhen Hui Chuang Da Technology Co.Ltd
SHE:300909 |
Electrical Equipment & Parts | 2.31% |
|
Zhejiang Wanma Co Ltd
SHE:002276 |
Electrical Equipment & Parts | 0.33% |
|
Zhongrui Co Ltd
SHE:301587 |
Electrical Equipment & Parts | 2.77% |
|
Zhejiang MustangBattery Co.Ltd
SHG:605378 |
Electrical Equipment & Parts | 20.15% |
|
Zhejiang Narada Power Source
SHE:300068 |
Electrical Equipment & Parts | 3.29% |
Annual Asset Resilience Ratio for Zhejiang Tony Electronic Co Ltd (2019–2020)
The table below shows the annual Asset Resilience Ratio data for Zhejiang Tony Electronic Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2020-12-31 | 0.90% | CN¥20.00 Million ≈ $2.93 Million |
CN¥2.21 Billion ≈ $324.12 Million |
-4.93pp |
| 2019-12-31 | 5.84% | CN¥110.00 Million ≈ $16.10 Million |
CN¥1.89 Billion ≈ $275.84 Million |
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About Zhejiang Tony Electronic Co Ltd
Zhejiang Tony Electronic Co., Ltd engages in the research, development, production, and sale of ultra-fine alloy wires and metal matrix composite materials worldwide. The company offers consumer electronics, including magnetic materials, conductors, enameled wires, and copper coils; new energy vehicles, such as FPC circuit board and CCS products, tab lead and AI-plastic films, cables, and cable h… Read more