Shandong Fiberglass Group Co Ltd - Asset Resilience Ratio
Shandong Fiberglass Group Co Ltd (605006) has an Asset Resilience Ratio of 0.81% as of June 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. Read 605006 current and long-term liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2018–2023)
This chart shows how Shandong Fiberglass Group Co Ltd's Asset Resilience Ratio has changed over time. See Shandong Fiberglass Group Co Ltd net assets for net asset value and shareholders' equity analysis.
Liquid Assets Composition Over Time
This chart breaks down Shandong Fiberglass Group Co Ltd'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 value of Shandong Fiberglass Group Co Ltd.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥50.43 Million | 0.81% |
| Total Liquid Assets | CN¥50.43 Million | 0.81% |
Asset Resilience Insights
- Limited Liquidity: Shandong Fiberglass Group Co Ltd 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.
Shandong Fiberglass Group Co Ltd Industry Peers by Asset Resilience Ratio
Compare Shandong Fiberglass Group Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Hangzhou Chinastars Reflective Material Co.Ltd.
SHE:301077 |
Textile Manufacturing | 15.16% |
|
Anhui Huamao Textile Co Ltd
SHE:000850 |
Textile Manufacturing | 16.68% |
|
Hangzhou Wensli Silk Culture Co. Ltd.
SHE:301066 |
Textile Manufacturing | 0.03% |
|
Wuhu Fuchun Dye and Weave Co.Ltd.
SHG:605189 |
Textile Manufacturing | 0.58% |
|
ZheJiang HuaSheng Technology Co.Ltd
SHG:605180 |
Textile Manufacturing | 5.80% |
|
Jindal Worldwide Limited
NSE:JINDWORLD |
Textile Manufacturing | 34.33% |
|
Shandong Jining Ruyi Woolen Textile Co Ltd
SHE:002193 |
Textile Manufacturing | 10.17% |
|
Sonmez Filament Sentetik Iplik ve Elyaf Sanayi AS
IS:SONME |
Textile Manufacturing | 0.00% |
Annual Asset Resilience Ratio for Shandong Fiberglass Group Co Ltd (2018–2023)
The table below shows the annual Asset Resilience Ratio data for Shandong Fiberglass Group Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 2.72% | CN¥180.60 Million ≈ $26.43 Million |
CN¥6.65 Billion ≈ $972.70 Million |
+2.55pp |
| 2018-12-31 | 0.17% | CN¥6.33 Million ≈ $925.78K |
CN¥3.78 Billion ≈ $552.72 Million |
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About Shandong Fiberglass Group Co Ltd
Shandong Fiberglass Group Co., Ltd engages in the research and development, production, and sale of glass fiber and related products in China and internationally. The company operates in two segments, Glass Fiber Business and Thermoelectric Business. It provides fiberglass direct roving, fiberglass yarn, fiberglass roving, wet-laid tissue, chopped strands, direct roving, fiberglass wet-laid mat, … Read more