Shanghai Smith Adhesive New
Shanghai Smith Adhesive New Material Co.,Ltd manufactures and sells various adhesive tapes and adhesives in China. The company offers industrial materials, including masking, duct, rice paper, electronics, foam, aluminum foil, covering, double sided, and kraft paper tapes, as well as BOPP tapes; electronic materials, which comprise PET, blue film, transfer, conductive, PE foam, tissue, and firepr… Read more
Shanghai Smith Adhesive New - Asset Resilience Ratio
Shanghai Smith Adhesive New (603683) has an Asset Resilience Ratio of 0.30% as of March 2025. 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
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2013–2024)
This chart shows how Shanghai Smith Adhesive New's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Shanghai Smith Adhesive New'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¥8.06 Million | 0.3% |
| Total Liquid Assets | CN¥8.06 Million | 0.30% |
Asset Resilience Insights
- Limited Liquidity: Shanghai Smith Adhesive New maintains only 0.30% 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.
Shanghai Smith Adhesive New Industry Peers by Asset Resilience Ratio
Compare Shanghai Smith Adhesive New's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Akzo Nobel N.V
OTCQX:AKZOF |
Specialty Chemicals | 2.16% |
|
YeSUN Tech Co.Ltd.
KQ:250930 |
Specialty Chemicals | 2.89% |
|
Hangzhou Flariant Co Ltd
SHG:605566 |
Specialty Chemicals | 0.27% |
|
Samhwa Paint
KO:000390 |
Specialty Chemicals | 0.11% |
|
DL Holdings CO. LTD.
KO:000210 |
Specialty Chemicals | 0.30% |
|
Norooholdings
KO:000320 |
Specialty Chemicals | 6.58% |
|
Noroo Holdings Co Ltd
KO:000325 |
Specialty Chemicals | 6.58% |
|
Chongqing Sanxia Paints Co Ltd
SHE:000565 |
Specialty Chemicals | 45.03% |
Annual Asset Resilience Ratio for Shanghai Smith Adhesive New (2013–2024)
The table below shows the annual Asset Resilience Ratio data for Shanghai Smith Adhesive New.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-12-31 | 1.49% | CN¥38.17 Million | CN¥2.56 Billion | -2.97pp |
| 2023-12-31 | 4.47% | CN¥95.00 Million | CN¥2.13 Billion | -0.39pp |
| 2022-12-31 | 4.86% | CN¥89.38 Million | CN¥1.84 Billion | +1.99pp |
| 2021-12-31 | 2.86% | CN¥50.41 Million | CN¥1.76 Billion | +2.18pp |
| 2019-12-31 | 0.69% | CN¥10.37 Million | CN¥1.51 Billion | -6.20pp |
| 2017-12-31 | 6.89% | CN¥80.00 Million | CN¥1.16 Billion | -1.34pp |
| 2014-12-31 | 8.23% | CN¥40.49 Million | CN¥491.89 Million | +4.81pp |
| 2013-12-31 | 3.42% | CN¥15.00 Million | CN¥438.10 Million | -- |