Shenzhen Sunxing Light Alloys - Asset Resilience Ratio
Shenzhen Sunxing Light Alloys (603978) has an Asset Resilience Ratio of 0.21% as of March 2024. 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 Shenzhen Sunxing Light Alloys strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2023–2023)
This chart shows how Shenzhen Sunxing Light Alloys's Asset Resilience Ratio has changed over time. See Shenzhen Sunxing Light Alloys (603978) balance sheet quality index to measure how much of total assets are equity-financed.
Liquid Assets Composition Over Time
This chart breaks down Shenzhen Sunxing Light Alloys'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 Shenzhen Sunxing Light Alloys (603978) total market value.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥7.80 Million | 0.21% |
| Total Liquid Assets | CN¥7.80 Million | 0.21% |
Asset Resilience Insights
- Limited Liquidity: Shenzhen Sunxing Light Alloys maintains only 0.21% 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.
Shenzhen Sunxing Light Alloys Industry Peers by Asset Resilience Ratio
Compare Shenzhen Sunxing Light Alloys's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Optics Technology Holding Co Ltd
SHE:300489 |
Aluminum | -0.03% |
|
Aluminum Corporation of China Limited
F:AOC |
Aluminum | 2.15% |
|
Constellium SE
F:3OK |
Aluminum | 0.63% |
|
Aluar Aluminio Argentino
BA:ALUA |
Aluminum | 4.73% |
|
Cia Brasileira de Aluminio
SA:CBAV3 |
Aluminum | 0.53% |
|
Alpha Hpa Ltd
AU:A4N |
Aluminum | 0.28% |
|
Capral Ltd
AU:CAA |
Aluminum | 0.00% |
|
ABX Group Ltd
AU:ABX |
Aluminum | 18.86% |
Annual Asset Resilience Ratio for Shenzhen Sunxing Light Alloys (2023–2023)
The table below shows the annual Asset Resilience Ratio data for Shenzhen Sunxing Light Alloys.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 0.00% | CN¥100.70K ≈ $14.74K |
CN¥3.58 Billion ≈ $524.06 Million |
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About Shenzhen Sunxing Light Alloys
Shenzhen SunXing Light Alloys Materials Co.,Ltd. develops, produces, and sells light alloy materials in China. The company offers aluminum and magnesium alloy materials for use in various fields, such as military, aerospace, navigation, rail transit. Shenzhen SunXing Light Alloys Materials Co.,Ltd. was founded in 1992 and is based in Shenzhen, China.