Zhejiang Changhua Auto Parts Co Ltd Asset Resilience Ratio
Zhejiang Changhua Auto Parts Co Ltd asset resilience ratio. Zhejiang Changhua Auto Parts Co Ltd (605018) has an Asset Resilience Ratio of 5.22% 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 total liabilities of Zhejiang Changhua Auto Parts Co Ltd for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Zhejiang Changhua Auto Parts Co Ltd (2020–2024)
Asset resilience ratio of Zhejiang Changhua Auto Parts Co Ltd from 2020 to 2024. This chart shows how Zhejiang Changhua Auto Parts Co Ltd's Asset Resilience Ratio has changed over time. See 605018 cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
Liquid Assets Composition Over Time
This chart breaks down Zhejiang Changhua Auto Parts Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For the complete balance sheet picture, see 605018 total asset value.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥170.38 Million | 5.22% |
| Total Liquid Assets | CN¥170.38 Million | 5.22% |
Asset Resilience Insights
- Limited Liquidity: Zhejiang Changhua Auto Parts Co Ltd maintains only 5.22% 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.
Zhejiang Changhua Auto Parts Co Ltd Industry Peers by Asset Resilience Ratio
Compare Zhejiang Changhua Auto Parts Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
QuantumScape Corporation Class A Common Stock
NYSE:QS |
Auto Parts | 56.59% |
|
Continental Aktiengesellschaft
F:CON |
Auto Parts | 0.38% |
|
Shenzhen Changhong Tech
SHE:300151 |
Auto Parts | 10.41% |
|
Supply Network Ltd
AU:SNL |
Auto Parts | 4.58% |
|
Farasis Energy Gan Zhou Co Ltd
SHG:688567 |
Auto Parts | 0.39% |
|
Hankook Tire Worldwide
KO:000240 |
Auto Parts | 0.57% |
|
FAWER Automotive Parts Ltd Co
SHE:000030 |
Auto Parts | 1.58% |
|
Streamax Technology Co Ltd
SHE:002970 |
Auto Parts | 0.00% |
Zhejiang Changhua Auto Parts Co Ltd Asset Resilience Ratio by Year (2020–2024)
Zhejiang Changhua Auto Parts Co Ltd asset resilience ratio by year from 2020 to 2024. The table below shows the annual Asset Resilience Ratio data for Zhejiang Changhua Auto Parts Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-12-31 | 3.57% | CN¥117.76 Million ≈ $17.23 Million |
CN¥3.29 Billion ≈ $482.06 Million |
+1.92pp |
| 2023-12-31 | 1.66% | CN¥60.09 Million ≈ $8.79 Million |
CN¥3.63 Billion ≈ $530.73 Million |
-1.24pp |
| 2020-12-31 | 2.89% | CN¥70.17 Million ≈ $10.27 Million |
CN¥2.42 Billion ≈ $354.78 Million |
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About Zhejiang Changhua Auto Parts Co Ltd
Changhua Holding Group Co., Ltd. engages in the research and development, production, and sale of automotive metal parts in China and internationally. It offers fasteners, such as bolts, nuts, and special-shaped parts. The company also engages in sunroof reinforcement plate assembly, instrument assembly, trunk partition assembly, rear subframe reinforcement, wheel cover, floor center crossbeam, f… Read more