Zhejiang Xinao Textiles Inc - Asset Resilience Ratio
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
Total Assets
Resilience Assessment
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 |
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About Zhejiang Xinao Textiles Inc
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