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. See Suzhou Jin Hong Shun Auto Parts Co Ltd C (603922) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2017–2023)
This chart shows how Suzhou Jin Hong Shun Auto Parts Co Ltd Class A's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Suzhou Jin Hong Shun Auto Parts Co Ltd C assets under control.
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. Read Suzhou Jin Hong Shun Auto Parts Co Ltd C balance sheet liabilities for a breakdown of total debt and financial obligations.
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 |
|---|---|---|
|
Balkrishna Industries Limited
NSE:BALKRISIND |
Auto Parts | 8.16% |
|
Ningbo Jifeng Auto Parts Co
SHG:603997 |
Auto Parts | 0.73% |
|
Qingdao Sentury Tire Co Ltd
SHE:002984 |
Auto Parts | 3.38% |
|
Greatoo Inc
SHE:002031 |
Auto Parts | -0.59% |
|
Shenzhen Changhong Tech
SHE:300151 |
Auto Parts | 10.41% |
|
Kuangda Technology Group Co Ltd
SHE:002516 |
Auto Parts | 19.18% |
|
Nokian Renkaat Oyj
HE:TYRES |
Auto Parts | 5.12% |
|
NBTM New Materials Group Co Ltd
SHG:600114 |
Auto Parts | 0.00% |
Annual Asset Resilience Ratio for Suzhou Jin Hong Shun Auto Parts Co Ltd Class A (2017–2023)
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 |
-- |
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