Zhejiang Kanglongda Special - Asset Resilience Ratio
Zhejiang Kanglongda Special (603665) has an Asset Resilience Ratio of 0.49% as of September 2022. 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. Read 603665 current and long-term liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2011–2020)
This chart shows how Zhejiang Kanglongda Special's Asset Resilience Ratio has changed over time. See Zhejiang Kanglongda Special (603665) shareholders funds for net asset value and shareholders' equity analysis.
Liquid Assets Composition Over Time
This chart breaks down Zhejiang Kanglongda Special'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 Kanglongda Special stock valuation.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥18.00 Million | 0.49% |
| Total Liquid Assets | CN¥18.00 Million | 0.49% |
Asset Resilience Insights
- Limited Liquidity: Zhejiang Kanglongda Special maintains only 0.49% 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 Kanglongda Special Industry Peers by Asset Resilience Ratio
Compare Zhejiang Kanglongda Special's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Birkenstock Holding plc
NYSE:BIRK |
Footwear & Accessories | 0.24% |
|
Guangdong Wanlima Industry Co Ltd
SHE:300591 |
Footwear & Accessories | 0.58% |
|
Hwaseung Enterprise Co Ltd
KO:241590 |
Footwear & Accessories | 1.00% |
|
Brand Concepts Limited
NSE:BCONCEPTS |
Footwear & Accessories | 4.31% |
|
Shui-Mu International Co Ltd
TW:8443 |
Footwear & Accessories | 4.85% |
|
Merchant House International Ltd
AU:MHI |
Footwear & Accessories | 62.43% |
|
Grimoldi SA
BA:GRIM |
Footwear & Accessories | 11.78% |
|
Vulcabras Azaleia S.A
SA:VULC3 |
Footwear & Accessories | 5.26% |
Annual Asset Resilience Ratio for Zhejiang Kanglongda Special (2011–2020)
The table below shows the annual Asset Resilience Ratio data for Zhejiang Kanglongda Special.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2020-12-31 | 2.74% | CN¥60.16 Million ≈ $8.80 Million |
CN¥2.20 Billion ≈ $321.76 Million |
-11.22pp |
| 2017-12-31 | 13.96% | CN¥160.00 Million ≈ $23.41 Million |
CN¥1.15 Billion ≈ $167.76 Million |
+13.39pp |
| 2012-12-31 | 0.57% | CN¥2.93 Million ≈ $428.93K |
CN¥515.32 Million ≈ $75.41 Million |
+0.17pp |
| 2011-12-31 | 0.40% | CN¥2.07 Million ≈ $302.20K |
CN¥513.07 Million ≈ $75.08 Million |
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About Zhejiang Kanglongda Special
ZheJiang KangLongDa Special Protection Technology Co., Ltd. researches, designs, develops, produces, and sells labor protection products primarily in China, Europe, the United States, and Japan. It offers wear-resistant, cut-resistant, tear-resistant, impact-resistant, chemical-resistant, anti-static, and heat- and cold-resistant gloves, as well as other functional labor protective gloves. The co… Read more