Friend Co Ltd - Asset Resilience Ratio
Friend Co Ltd (605050) has an Asset Resilience Ratio of 4.98% as of December 2020. 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 Friend Co Ltd (605050) financial obligations for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2020–2020)
This chart shows how Friend Co Ltd's Asset Resilience Ratio has changed over time. See net assets of Friend Co Ltd for net asset value and shareholders' equity analysis.
Liquid Assets Composition Over Time
This chart breaks down Friend 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 605050 market cap.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥271.00 Million | 4.98% |
| Total Liquid Assets | CN¥271.00 Million | 4.98% |
Asset Resilience Insights
- Limited Liquidity: Friend Co Ltd maintains only 4.98% 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.
Friend Co Ltd Industry Peers by Asset Resilience Ratio
Compare Friend Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
CSN Mineração S.A
SA:CMIN3 |
Steel | 7.99% |
|
Ternium SA DRC
BA:TXR |
Steel | 6.12% |
|
Qingdao East Steel Tower Stock Co Ltd
SHE:002545 |
Steel | 2.57% |
|
Fushun Special Steel Co Ltd
SHG:600399 |
Steel | 0.80% |
|
BCI Minerals Ltd
AU:BCI |
Steel | 6.70% |
|
Champion Iron Ltd
TO:CIA |
Steel | 0.00% |
|
Mount Gibson Iron Ltd
AU:MGX |
Steel | 67.29% |
|
Vardhman Special Steels Limited
NSE:VSSL |
Steel | 4.24% |
Annual Asset Resilience Ratio for Friend Co Ltd (2020–2020)
The table below shows the annual Asset Resilience Ratio data for Friend Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2020-12-31 | 4.98% | CN¥271.00 Million ≈ $39.66 Million |
CN¥5.45 Billion ≈ $797.09 Million |
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About Friend Co Ltd
Friend Co.,Ltd., together with its subsidiaries, provides steel logistics supply chain services for medium and high-end automobile, home appliance, and other related enterprises in China and internationally. The company offers procurement, processing, warehousing, cutting, packaging, transportation, and distribution services, as well as corresponding technical support services. It also provides g… Read more