Shanghai Smith Adhesive New Asset Resilience Ratio
Shanghai Smith Adhesive New asset resilience ratio. Shanghai Smith Adhesive New (603683) has an Asset Resilience Ratio of 0.21% as of June 2026. 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 603683 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Shanghai Smith Adhesive New (2013–2024)
Asset resilience ratio of Shanghai Smith Adhesive New from 2013 to 2024. This chart shows how Shanghai Smith Adhesive New's Asset Resilience Ratio has changed over time. Read how much debt does Shanghai Smith Adhesive New carry for a breakdown of total debt and financial obligations.
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. For the complete balance sheet picture, see Shanghai Smith Adhesive New balance sheet assets.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥6.80 Million | 0.21% |
| Total Liquid Assets | CN¥6.80 Million | 0.21% |
Asset Resilience Insights
- Limited Liquidity: Shanghai Smith Adhesive New maintains only 0.21% 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 NV
AS:AKZA |
Specialty Chemicals | 2.16% |
|
Zhejiang Satellite Petrochemical Co Ltd
SHE:002648 |
Specialty Chemicals | 0.27% |
|
Huaibei Mining Holdings Co Ltd
SHG:600985 |
Specialty Chemicals | 2.33% |
|
China Hainan Rubber Industry Group Co Ltd
SHG:601118 |
Specialty Chemicals | 0.09% |
|
Azelis Group NV
BR:AZE |
Specialty Chemicals | 0.00% |
|
MeiHua Holdings Group Co Ltd
SHG:600873 |
Specialty Chemicals | 7.60% |
|
Yibin Tianyuan Group Co Ltd
SHE:002386 |
Specialty Chemicals | 0.00% |
|
Wankai New Materials Co. Ltd.
SHE:301216 |
Specialty Chemicals | 1.35% |
Shanghai Smith Adhesive New Asset Resilience Ratio by Year (2013–2024)
Shanghai Smith Adhesive New asset resilience ratio by year from 2013 to 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 ≈ $5.58 Million |
CN¥2.56 Billion ≈ $374.49 Million |
-2.97pp |
| 2023-12-31 | 4.47% | CN¥95.00 Million ≈ $13.90 Million |
CN¥2.13 Billion ≈ $311.25 Million |
-0.39pp |
| 2022-12-31 | 4.86% | CN¥89.38 Million ≈ $13.08 Million |
CN¥1.84 Billion ≈ $269.28 Million |
+1.99pp |
| 2021-12-31 | 2.86% | CN¥50.41 Million ≈ $7.38 Million |
CN¥1.76 Billion ≈ $257.65 Million |
+2.18pp |
| 2019-12-31 | 0.69% | CN¥10.37 Million ≈ $1.52 Million |
CN¥1.51 Billion ≈ $221.24 Million |
-6.20pp |
| 2017-12-31 | 6.89% | CN¥80.00 Million ≈ $11.71 Million |
CN¥1.16 Billion ≈ $169.94 Million |
-1.34pp |
| 2014-12-31 | 8.23% | CN¥40.49 Million ≈ $5.92 Million |
CN¥491.89 Million ≈ $71.98 Million |
+4.81pp |
| 2013-12-31 | 3.42% | CN¥15.00 Million ≈ $2.19 Million |
CN¥438.10 Million ≈ $64.11 Million |
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About 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