Suzhou Jin Hong Shun Auto Parts Co Ltd Class A Asset Resilience Ratio
Suzhou Jin Hong Shun Auto Parts Co Ltd Class A asset resilience ratio. Suzhou Jin Hong Shun Auto Parts Co Ltd Class A (603922) has an Asset Resilience Ratio of 1.92% as of December 2023. 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 603922 current and long-term liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Suzhou Jin Hong Shun Auto Parts Co Ltd Class A (2017–2023)
Asset resilience ratio of Suzhou Jin Hong Shun Auto Parts Co Ltd Class A from 2017 to 2023. This chart shows how Suzhou Jin Hong Shun Auto Parts Co Ltd Class A's Asset Resilience Ratio has changed over time. See how much free cash does Suzhou Jin Hong Shun Auto Parts Co Ltd C generate to measure how efficiently the company converts operating cash flow to free cash.
Liquid Assets Composition Over Time
This chart breaks down Suzhou Jin Hong Shun Auto Parts Co Ltd Class A'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 Suzhou Jin Hong Shun Auto Parts Co Ltd C.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥30.00 Million | 1.92% |
| Total Liquid Assets | CN¥30.00 Million | 1.92% |
Asset Resilience Insights
- Limited Liquidity: Suzhou Jin Hong Shun Auto Parts Co Ltd Class A maintains only 1.92% 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.
Suzhou Jin Hong Shun Auto Parts Co Ltd Class A Industry Peers by Asset Resilience Ratio
Compare Suzhou Jin Hong Shun Auto Parts Co Ltd Class A's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
QuantumScape Corporation Class A Common Stock
NYSE:QS |
Auto Parts | 56.59% |
|
Continental Aktiengesellschaft
F:CON |
Auto Parts | 0.38% |
|
Shenzhen Changhong Tech
SHE:300151 |
Auto Parts | 10.41% |
|
Supply Network Ltd
AU:SNL |
Auto Parts | 4.58% |
|
Farasis Energy Gan Zhou Co Ltd
SHG:688567 |
Auto Parts | 0.39% |
|
Hankook Tire Worldwide
KO:000240 |
Auto Parts | 0.57% |
|
FAWER Automotive Parts Ltd Co
SHE:000030 |
Auto Parts | 1.58% |
|
Streamax Technology Co Ltd
SHE:002970 |
Auto Parts | 0.00% |
Suzhou Jin Hong Shun Auto Parts Co Ltd Class A Asset Resilience Ratio by Year (2017–2023)
Suzhou Jin Hong Shun Auto Parts Co Ltd Class A asset resilience ratio by year from 2017 to 2023. The table below shows the annual Asset Resilience Ratio data for Suzhou Jin Hong Shun Auto Parts Co Ltd Class A.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 1.92% | CN¥30.00 Million ≈ $4.39 Million |
CN¥1.56 Billion ≈ $228.77 Million |
-2.19pp |
| 2020-12-31 | 4.11% | CN¥50.00 Million ≈ $7.32 Million |
CN¥1.22 Billion ≈ $178.04 Million |
-0.56pp |
| 2019-12-31 | 4.67% | CN¥65.00 Million ≈ $9.51 Million |
CN¥1.39 Billion ≈ $203.73 Million |
-6.99pp |
| 2017-12-31 | 11.66% | CN¥200.00 Million ≈ $29.27 Million |
CN¥1.72 Billion ≈ $251.07 Million |
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About Suzhou Jin Hong Shun Auto Parts Co Ltd Class A
Suzhou Jin Hong Shun Auto Parts Co., Ltd., together with its subsidiaries, develops, produces, and sells automobile body and chassis stamping parts, and related molds in China and internationally. The company offers ultra-high strength body parts, body assemblies, special-shaped pipe fittings, lightweight material stamping parts, new energy battery box parts, chassis stamping parts and integrated… Read more