Zhejiang Xinao Textiles Inc - Asset Resilience Ratio

Latest as of June 2025: 0.81%

Zhejiang Xinao Textiles Inc (603889) has an Asset Resilience Ratio of 0.81% as of June 2025. 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. Read 603889 current and long-term liabilities for a breakdown of total debt and financial obligations.

Liquid Assets

CN¥53.09 Million
≈ $7.77 Million USD Cash + Short-term Investments

Total Assets

CN¥6.54 Billion
≈ $956.74 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2011–2024)

This chart shows how Zhejiang Xinao Textiles Inc's Asset Resilience Ratio has changed over time. See net assets of Zhejiang Xinao Textiles Inc for net asset value and shareholders' equity analysis.

Liquid Assets Composition Over Time

This chart breaks down Zhejiang Xinao Textiles Inc'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 market cap of Zhejiang Xinao Textiles Inc.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥53.09 Million 0.81%
Total Liquid Assets CN¥53.09 Million 0.81%

Asset Resilience Insights

  • Limited Liquidity: Zhejiang Xinao Textiles Inc maintains only 0.81% 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 Xinao Textiles Inc Industry Peers by Asset Resilience Ratio

Compare Zhejiang Xinao Textiles Inc's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
HMT(Xiamen)New Technical
SHG:603306
Textile Manufacturing 0.07%
Bros Eastern Co Ltd
SHG:601339
Textile Manufacturing 3.00%
Vardhman Textiles Limited
NSE:VTL
Textile Manufacturing 8.71%
Huafu Top Dyed Melange Yarn Co Ltd
SHE:002042
Textile Manufacturing 5.08%
Hunan Huasheng Co Ltd
SHG:600156
Textile Manufacturing 5.20%
Huafang Co Ltd
SHG:600448
Textile Manufacturing 0.00%
Indo Kordsa Tbk
JK:BRAM
Textile Manufacturing -12.36%
Daehan Synthet
KO:003830
Textile Manufacturing 2.25%

Annual Asset Resilience Ratio for Zhejiang Xinao Textiles Inc (2011–2024)

The table below shows the annual Asset Resilience Ratio data for Zhejiang Xinao Textiles Inc.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-12-31 0.96% CN¥54.61 Million
≈ $7.99 Million
CN¥5.69 Billion
≈ $832.55 Million
-1.49pp
2023-12-31 2.45% CN¥138.22 Million
≈ $20.23 Million
CN¥5.65 Billion
≈ $826.08 Million
-0.89pp
2022-12-31 3.34% CN¥155.00 Million
≈ $22.68 Million
CN¥4.65 Billion
≈ $679.86 Million
+0.79pp
2021-12-31 2.55% CN¥101.28 Million
≈ $14.82 Million
CN¥3.97 Billion
≈ $581.34 Million
+0.60pp
2019-12-31 1.95% CN¥60.00 Million
≈ $8.78 Million
CN¥3.08 Billion
≈ $451.10 Million
-6.77pp
2018-12-31 8.72% CN¥265.00 Million
≈ $38.78 Million
CN¥3.04 Billion
≈ $444.64 Million
+0.16pp
2017-12-31 8.56% CN¥230.00 Million
≈ $33.66 Million
CN¥2.69 Billion
≈ $393.24 Million
+4.36pp
2015-12-31 4.20% CN¥60.00 Million
≈ $8.78 Million
CN¥1.43 Billion
≈ $209.26 Million
+3.89pp
2013-12-31 0.30% CN¥3.38 Million
≈ $494.18K
CN¥1.12 Billion
≈ $164.34 Million
+0.28pp
2011-12-31 0.02% CN¥145.21K
≈ $21.25K
CN¥899.65 Million
≈ $131.65 Million
--
pp = percentage points

About Zhejiang Xinao Textiles Inc

SHG:603889 China Textile Manufacturing
Market Cap
$930.73 Million
CN¥6.36 Billion CNY
Market Cap Rank
#9415 Global
#2584 in China
Share Price
CN¥8.71
Change (1 day)
-0.80%
52-Week Range
CN¥5.63 - CN¥9.45
All Time High
CN¥47.51
About

Zhejiang Xinao Textiles Inc. engages in the research and development, production, and sale of wool yarn and its intermediate products, wool tops, and cashmere yarns in China. It offers worsted and woolen pure wool, and wool blended yarns; and worsted and woolen pure cashmere, and cashmere blended yarns. The company's products are used in cashmere sweaters, wool sweaters, wool underwear, wool t-sh… Read more