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. Check strategic asset allocation of Zhejiang Tony Electronic Co Ltd to assess the company's strategic physical and investment asset allocation.
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. See net asset quality index of Zhejiang Tony Electronic Co Ltd to measure how much of total assets are equity-financed.
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. For market capitalisation and broader financial context, see Zhejiang Tony Electronic Co Ltd (603595) total market value.
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 |
|---|---|---|
|
EVE Energy
SHE:300014 |
Electrical Equipment & Parts | 3.45% |
|
Ecopro BM. Co. Ltd
KQ:247540 |
Electrical Equipment & Parts | 0.34% |
|
Gongniu Group Co Ltd
SHG:603195 |
Electrical Equipment & Parts | 51.45% |
|
XTC New Energy Materials Xiamen Co Ltd
SHG:688778 |
Electrical Equipment & Parts | 0.44% |
|
Hangzhou Zhongheng Electric Co Ltd
SHE:002364 |
Electrical Equipment & Parts | 13.72% |
|
Sinomag Technology Co Ltd
SHE:300835 |
Electrical Equipment & Parts | 0.01% |
|
XJ Electric Co Ltd
SHE:000400 |
Electrical Equipment & Parts | 0.04% |
|
Keli Sensing Technology Ningbo Co Ltd
SHG:603662 |
Electrical Equipment & Parts | 14.45% |
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