Qingdao Richen Food Co Ltd

SHG:603755 China Packaged Foods
Market Cap
$401.05 Million
CN¥2.94 Billion CNY
Market Cap Rank
#17267 Global
#4503 in China
Share Price
CN¥29.84
Change (1 day)
-0.70%
52-Week Range
CN¥24.65 - CN¥40.12
All Time High
CN¥88.14
About

Qingdao Richen Food Co.,Ltd. engages in the research and development, production, and sale of compound seasoning and condiments for food processing and catering companies in China. The company offers sauces, liquid and powder seasonings, roast chicken seasoning, coating flour, and coating paste, as well as food additive products that include compound acidity regulator, compound moisture retaining… Read more

Qingdao Richen Food Co Ltd - Asset Resilience Ratio

Latest as of September 2024: 11.01%

Qingdao Richen Food Co Ltd (603755) has an Asset Resilience Ratio of 11.01% as of September 2024. 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¥109.21 Million
Cash + Short-term Investments
Total Assets
CN¥992.31 Million
All company assets
Resilience Assessment
Moderate
Financial Resilience Level

Asset Resilience Ratio Trend (2020–2023)

This chart shows how Qingdao Richen Food Co Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Qingdao Richen Food Co Ltd'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¥109.21 Million 11.01%
Total Liquid Assets CN¥109.21 Million 11.01%

Asset Resilience Insights

  • Moderate Liquidity: Qingdao Richen Food Co Ltd has 11.01% of assets in liquid form.
  • While adequate for normal operations, this level may limit flexibility during economic stress.
  • The company has significant short-term investments, indicating active treasury management.

Qingdao Richen Food Co Ltd Industry Peers by Asset Resilience Ratio

Compare Qingdao Richen Food Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
General Mills Inc
NYSE:GIS
Packaged Foods 2.10%
Maniker F & G Co. Ltd
KQ:195500
Packaged Foods 12.96%
Xiwang Foodstuffs Co Ltd
SHE:000639
Packaged Foods 0.18%
Nanfang Black Sesame Group Co Ltd
SHE:000716
Packaged Foods -0.19%
CNFC Overseas Fishery Co Ltd
SHE:000798
Packaged Foods -2.62%
Henan Shuanghui Investment & Development Co Ltd
SHE:000895
Packaged Foods 1.48%
Xinjiang Chalkis Co Ltd
SHE:000972
Packaged Foods 0.02%
Daehan Flour Mills Co Ltd
KO:001130
Packaged Foods 21.91%

Annual Asset Resilience Ratio for Qingdao Richen Food Co Ltd (2020–2023)

The table below shows the annual Asset Resilience Ratio data for Qingdao Richen Food Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 17.30% CN¥166.49 Million CN¥962.30 Million +1.55pp
2022-12-31 15.75% CN¥145.22 Million CN¥921.84 Million -18.91pp
2021-12-31 34.66% CN¥285.55 Million CN¥823.90 Million +25.47pp
2020-12-31 9.19% CN¥65.38 Million CN¥711.49 Million --
pp = percentage points