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 605018 current and long-term liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2020–2024)
This chart shows how Zhejiang Changhua Auto Parts Co Ltd's Asset Resilience Ratio has changed over time. See Zhejiang Changhua Auto Parts Co Ltd net assets for net asset value and shareholders' equity analysis.
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 market capitalisation and broader financial context, see Zhejiang Changhua Auto Parts Co Ltd (605018) market capitalisation.
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 |
|---|---|---|
|
Mianyang Fulin Precision Machining Co Ltd
SHE:300432 |
Auto Parts | 0.01% |
|
Jiangsu Xinquan Automotive Trim Co Ltd
SHG:603179 |
Auto Parts | 0.82% |
|
Farasis Energy Gan Zhou Co Ltd
SHG:688567 |
Auto Parts | 0.39% |
|
Jiangnan Mould & Plastic Technology Co Ltd
SHE:000700 |
Auto Parts | 1.71% |
|
Zhejiang Jingu Co Ltd
SHE:002488 |
Auto Parts | 2.82% |
|
Kuangda Technology Group Co Ltd
SHE:002516 |
Auto Parts | 16.78% |
|
ZYNP Corp
SHE:002448 |
Auto Parts | 1.54% |
|
Sichuan Chuanhuan Technology Co Ltd
SHE:300547 |
Auto Parts | 0.01% |
Annual Asset Resilience Ratio for Zhejiang Changhua Auto Parts Co Ltd (2020–2024)
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