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. See 605006 working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
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. For the complete balance sheet picture, see 605006 asset base.
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. Read total liabilities of Shandong Fiberglass Group Co Ltd 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¥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 |
|---|---|---|
|
Huafu Top Dyed Melange Yarn Co Ltd
SHE:002042 |
Textile Manufacturing | 4.53% |
|
Jilin Chemical Fibre Co Ltd
SHE:000420 |
Textile Manufacturing | 1.34% |
|
Shenzhen Fuanna Bedding and Furnishing Co Ltd
SHE:002327 |
Textile Manufacturing | 16.99% |
|
Indo Count Industries Limited
NSE:ICIL |
Textile Manufacturing | 13.59% |
|
Zhejiang Unifull Industrial Fibre Co Ltd
SHE:002427 |
Textile Manufacturing | 0.01% |
|
Shenzhen Huijie Group Co Ltd
SHE:002763 |
Textile Manufacturing | -2.80% |
|
Annil Co Ltd
SHE:002875 |
Textile Manufacturing | 0.01% |
|
Mayur Uniquoters Ltd
NSE:MAYURUNIQ |
Textile Manufacturing | 9.73% |
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, strands, direct roving, fiberglass wet-laid mat, fibergla… Read more