Zhejiang Tony Electronic Co Ltd - Asset Resilience Ratio

Latest as of December 2020: 0.90%

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.

Liquid Assets

CN¥20.00 Million
≈ $2.93 Million USD Cash + Short-term Investments

Total Assets

CN¥2.21 Billion
≈ $324.12 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2019–2020)

This chart shows how Zhejiang Tony Electronic Co Ltd's Asset Resilience Ratio has changed over time. Check Zhejiang Tony Electronic Co Ltd PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.

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 market value of Zhejiang Tony Electronic Co Ltd.

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
Ls Cable & System Asia Ltd
KO:229640
Electrical Equipment & Parts 6.48%
Gongniu Group Co Ltd
SHG:603195
Electrical Equipment & Parts 51.45%
Gotion High tech Co Ltd
SHE:002074
Electrical Equipment & Parts 1.49%
Dongil Technology Ltd
KQ:032960
Electrical Equipment & Parts 57.21%
Wuxi Dk Electronic Materials Co Ltd
SHE:300842
Electrical Equipment & Parts 0.14%
Ningbo Water Meter Co Ltd
SHG:603700
Electrical Equipment & Parts 0.11%
Electrovaya Inc.
TO:ELVA
Electrical Equipment & Parts 22.73%
Zhongrui Co Ltd
SHE:301587
Electrical Equipment & Parts 4.58%

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
--
pp = percentage points

About Zhejiang Tony Electronic Co Ltd

SHG:603595 China Electrical Equipment & Parts
Market Cap
$826.87 Million
CN¥5.65 Billion CNY
Market Cap Rank
#9738 Global
#2498 in China
Share Price
CN¥24.31
Change (1 day)
+2.75%
52-Week Range
CN¥14.38 - CN¥36.98
All Time High
CN¥80.70
About

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