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. See how financially flexible is Friend 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 (2020–2020)
This chart shows how Friend Co Ltd's Asset Resilience Ratio has changed over time. See Friend Co Ltd balance sheet quality to measure how much of total assets are equity-financed.
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 |
|---|---|---|
|
Keum Kang Steel Co. Ltd
KQ:053260 |
Steel | 25.68% |
|
VOESTALPINE ADR 1/5/O.N.
F:VASS |
Steel | 0.68% |
|
Gerdau S.A
MX:GGBN |
Steel | 0.39% |
|
CSN Mineração S.A
SA:CMIN3 |
Steel | 10.02% |
|
Industrias CH S. A. B. de C. V
MX:ICHB |
Steel | 0.17% |
|
Gerdau S.A
SA:GGBR3 |
Steel | 0.39% |
|
Worthington Steel Inc
NYSE:WS |
Steel | 3.89% |
|
HBIS Co Ltd
SHE:000709 |
Steel | 0.20% |
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