Mingxin Automotive Leather Co. Ltd.
Mingxin New Material Co.,Ltd. engages in the research, development, production and sales of automotive interior materials in China. The company offers Verona microfiber, Menocra microfiber, Mingxin leather, and Hurongo PU materials used in seats, steering wheels, dashboards, headrests, armrests, ceilings, etc. The company was formerly known as Mingxin Automotive Leather Co., Ltd. and changed its … Read more
Mingxin Automotive Leather Co. Ltd. - Asset Resilience Ratio
Mingxin Automotive Leather Co. Ltd. (605068) has an Asset Resilience Ratio of 9.25% as of June 2025. 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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2020–2024)
This chart shows how Mingxin Automotive Leather Co. Ltd.'s Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Mingxin Automotive Leather Co. Ltd.'s liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥335.00 Million | 9.25% |
| Total Liquid Assets | CN¥335.00 Million | 9.25% |
Asset Resilience Insights
- Limited Liquidity: Mingxin Automotive Leather Co. Ltd. maintains only 9.25% 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.
Mingxin Automotive Leather Co. Ltd. Industry Peers by Asset Resilience Ratio
Compare Mingxin Automotive Leather Co. Ltd.'s asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
iQ International AG
F:IQL |
Auto Parts | 3.44% |
|
Daewonkangup
KO:000430 |
Auto Parts | 1.07% |
|
Wanxiang Qianchao Co Ltd
SHE:000559 |
Auto Parts | 0.00% |
|
Weifu High-Technology Group Co Ltd
SHE:000581 |
Auto Parts | 5.84% |
|
Gui Zhou Tyre Co Ltd
SHE:000589 |
Auto Parts | 1.28% |
|
Qingdao Doublestar Co Ltd
SHE:000599 |
Auto Parts | 0.00% |
|
Hengli Industrial Development Group Co Ltd
SHE:000622 |
Auto Parts | -0.02% |
|
Xiangyang Automobile Bearing Co Ltd
SHE:000678 |
Auto Parts | 0.04% |
Annual Asset Resilience Ratio for Mingxin Automotive Leather Co. Ltd. (2020–2024)
The table below shows the annual Asset Resilience Ratio data for Mingxin Automotive Leather Co. Ltd..
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-12-31 | 7.37% | CN¥260.62 Million | CN¥3.53 Billion | +5.05pp |
| 2023-12-31 | 2.33% | CN¥80.00 Million | CN¥3.44 Billion | -5.20pp |
| 2022-12-31 | 7.52% | CN¥250.00 Million | CN¥3.32 Billion | +5.25pp |
| 2020-12-31 | 2.27% | CN¥50.00 Million | CN¥2.21 Billion | -- |