Zhejiang Zomax Transmission - Asset Resilience Ratio
Zhejiang Zomax Transmission (603767) has an Asset Resilience Ratio of 8.40% as of December 2019. 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 603767 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 (2017–2019)
This chart shows how Zhejiang Zomax Transmission's Asset Resilience Ratio has changed over time. See Zhejiang Zomax Transmission (603767) balance sheet quality index to measure how much of total assets are equity-financed.
Liquid Assets Composition Over Time
This chart breaks down Zhejiang Zomax Transmission'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 603767 company net worth.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥160.00 Million | 8.4% |
| Total Liquid Assets | CN¥160.00 Million | 8.40% |
Asset Resilience Insights
- Limited Liquidity: Zhejiang Zomax Transmission maintains only 8.40% 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.
Zhejiang Zomax Transmission Industry Peers by Asset Resilience Ratio
Compare Zhejiang Zomax Transmission's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Bridgestone Corporation
F:BGTA |
Auto Parts | 0.24% |
|
Autoliv Inc
NYSE:ALV |
Auto Parts | 6.99% |
|
Ningbo Shuanglin Auto Parts
SHE:300100 |
Auto Parts | 0.00% |
|
Adient PLC
NYSE:ADNT |
Auto Parts | 0.24% |
|
Kunshan Huguang Auto Harness Co Ltd
SHG:605333 |
Auto Parts | 2.79% |
|
Jiangsu Pacific Precision
SHE:300258 |
Auto Parts | 9.75% |
|
Tian Jin Motor Dies Co Ltd
SHE:002510 |
Auto Parts | 0.11% |
|
ZHEJIANG ASIA-PACIFIC MECHANICAL & ELECTRONIC CO LTD
SHE:002284 |
Auto Parts | 17.18% |
Annual Asset Resilience Ratio for Zhejiang Zomax Transmission (2017–2019)
The table below shows the annual Asset Resilience Ratio data for Zhejiang Zomax Transmission.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2019-12-31 | 8.40% | CN¥160.00 Million ≈ $23.41 Million |
CN¥1.90 Billion ≈ $278.72 Million |
-20.72pp |
| 2017-12-31 | 29.12% | CN¥520.00 Million ≈ $76.09 Million |
CN¥1.79 Billion ≈ $261.34 Million |
-- |
About Zhejiang Zomax Transmission
Zhejiang Zomax Transmission Co., Ltd. engages in the research and development, production, and sale of automotive transmissions and vehicle gears in China and internationally. The company offers automotive transmissions, new energy vehicle reducer, electronically controlled transfer cases, automobile gear, motorcycle gear, and agricultural machinery gear; and automobile gear, including automobile… Read more