Zhejiang Xinao Textiles Inc Asset Resilience Ratio
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. See 603889 defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Zhejiang Xinao Textiles Inc (2011–2024)
Asset resilience ratio of Zhejiang Xinao Textiles Inc from 2011 to 2024. This chart shows how Zhejiang Xinao Textiles Inc's Asset Resilience Ratio has changed over time. Read Zhejiang Xinao Textiles Inc balance sheet liabilities for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see balance sheet size 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 |
|---|---|---|
|
Bros Eastern Co Ltd
SHG:601339 |
Textile Manufacturing | 3.00% |
|
Huafu Top Dyed Melange Yarn Co Ltd
SHE:002042 |
Textile Manufacturing | 4.53% |
|
Shenzhen Textile Holdings Co Ltd
SHE:000045 |
Textile Manufacturing | 13.86% |
|
Anhui Huamao Textile Co Ltd
SHE:000850 |
Textile Manufacturing | 14.63% |
|
ZheJiang HuaSheng Technology Co.Ltd
SHG:605180 |
Textile Manufacturing | 5.80% |
|
Hojeon Ltd
KO:111110 |
Textile Manufacturing | 5.97% |
|
Tong-Hwa Synthetic Fiber Co Ltd
TW:1418 |
Textile Manufacturing | 0.91% |
|
Super Spinning Mills Limited
NSE:SUPERSPIN |
Textile Manufacturing | 6.32% |
Zhejiang Xinao Textiles Inc Asset Resilience Ratio by Year (2011–2024)
Zhejiang Xinao Textiles Inc asset resilience ratio by year from 2011 to 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