Qingdao Richen Food Co Ltd - Asset Resilience Ratio
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. Check 603755 strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2020–2023)
This chart shows how Qingdao Richen Food Co Ltd's Asset Resilience Ratio has changed over time. See Qingdao Richen Food Co Ltd (603755) net asset quality to measure how much of total assets are equity-financed.
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. For market capitalisation and broader financial context, see Qingdao Richen Food Co Ltd market cap and net worth.
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 | 4.90% |
|
JBS N.V.
NYSE:JBS |
Packaged Foods | 0.35% |
|
CSPC Innovation Pharmaceutical Co Ltd Class A
SHE:300765 |
Packaged Foods | 5.64% |
|
ORKLA ADR/1 NK 625
F:OKL0 |
Packaged Foods | 1.88% |
|
Tingyi (Cayman Islands) Holding Corp
F:TYG |
Packaged Foods | 5.13% |
|
Yantai China Pet Foods Co Ltd
SHE:002891 |
Packaged Foods | 0.35% |
|
Yihai International Holding Ltd
F:YIR |
Packaged Foods | 6.88% |
|
Cobram Estate Olives Ltd
AU:CBO |
Packaged Foods | 0.13% |
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 |
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About Qingdao Richen Food Co Ltd
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