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 how financially flexible is Shandong Fiberglass Group Co Ltd to measure the company's free cash flow as a share of total liabilities.
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 605006 net asset quality score to measure how much of total assets are equity-financed.
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 |
|---|---|---|
|
Jilin Chemical Fibre Co Ltd
SHE:000420 |
Textile Manufacturing | 1.34% |
|
Zhejiang Taihua New Material
SHG:603055 |
Textile Manufacturing | 0.17% |
|
Zhejiang Yingfeng Technology Co Ltd
SHG:605055 |
Textile Manufacturing | 1.52% |
|
Lu Thai Textile Co Ltd
SHE:000726 |
Textile Manufacturing | 11.29% |
|
Suzhou Longjie Special Fiber Co Ltd
SHG:603332 |
Textile Manufacturing | 31.93% |
|
Best Pacific International Holdings Limited
F:NWQ |
Textile Manufacturing | 0.59% |
|
SEONGAN CO. Ltd
KO:011300 |
Textile Manufacturing | 1.38% |
|
Guangdong Modern High Tech Fiber Co
SHE:300876 |
Textile Manufacturing | 0.11% |
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