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. Check asset allocation strategy of Zhejiang Xinao Textiles Inc to assess the company's strategic physical and investment asset allocation.
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 Zhejiang Xinao Textiles Inc (603889) balance sheet quality index to measure how much of total assets are equity-financed.
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 |
|---|---|---|
|
Jilin Chemical Fibre Co Ltd
SHE:000420 |
Textile Manufacturing | 1.34% |
|
Zhejiang Taihua New Material
SHG:603055 |
Textile Manufacturing | 0.17% |
|
Zhejiang Yingfeng Technology Co Ltd
SHG:605055 |
Textile Manufacturing | 1.52% |
|
Lu Thai Textile Co Ltd
SHE:000726 |
Textile Manufacturing | 11.29% |
|
Suzhou Longjie Special Fiber Co Ltd
SHG:603332 |
Textile Manufacturing | 31.93% |
|
Best Pacific International Holdings Limited
F:NWQ |
Textile Manufacturing | 0.59% |
|
SEONGAN CO. Ltd
KO:011300 |
Textile Manufacturing | 1.38% |
|
Guangdong Modern High Tech Fiber Co
SHE:300876 |
Textile Manufacturing | 0.11% |
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 |
-- |
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