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. See 603755 net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

CN¥109.21 Million

≈ $15.98 Million USD Cash + Short-term Investments

Total Assets

CN¥992.31 Million

≈ $145.21 Million USD 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. For the complete balance sheet picture, see balance sheet size of Qingdao Richen Food Co Ltd.

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. Read 603755 liabilities breakdown for a breakdown of total debt and financial obligations.

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
Nestle S.A. SW:NESN	Packaged Foods	2.01%
Henan Shuanghui Investment & Development Co Ltd SHE:000895	Packaged Foods	2.23%
Unibel S.A PA:UNBL	Packaged Foods	0.24%
The a2 Milk Company Ltd AU:A2M	Packaged Foods	5.10%
Guangdong Haid Group Co Ltd SHE:002311	Packaged Foods	5.88%
JiangXi Tianxin Pharm Co Ltd SHG:603235	Packaged Foods	4.40%
Herbalife Nutrition Ltd NYSE:HLF	Packaged Foods	12.67%
Beingmate Baby & Child Food Co Ltd SHE:002570	Packaged Foods	4.39%

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 ≈ $24.36 Million	CN¥962.30 Million ≈ $140.81 Million	+1.55pp
2022-12-31	15.75%	CN¥145.22 Million ≈ $21.25 Million	CN¥921.84 Million ≈ $134.89 Million	-18.91pp
2021-12-31	34.66%	CN¥285.55 Million ≈ $41.78 Million	CN¥823.90 Million ≈ $120.56 Million	+25.47pp
2020-12-31	9.19%	CN¥65.38 Million ≈ $9.57 Million	CN¥711.49 Million ≈ $104.11 Million	--

pp = percentage points

About Qingdao Richen Food Co Ltd

SHG:603755 China Packaged Foods

Market Cap

$343.73 Million

CN¥2.35 Billion CNY

Market Cap Rank

#14296 Global

#4271 in China

Share Price

CN¥23.82

Change (1 day)

-1.04%

52-Week Range

CN¥20.10 - CN¥40.12

All Time High

CN¥88.14