Beijing Tongyizhong New Material Technology Corp - Asset Resilience Ratio
Beijing Tongyizhong New Material Technology Corp (688722) has an Asset Resilience Ratio of 31.68% as of September 2022. 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 688722 working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2020–2021)
This chart shows how Beijing Tongyizhong New Material Technology Corp's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see 688722 total asset value.
Liquid Assets Composition Over Time
This chart breaks down Beijing Tongyizhong New Material Technology Corp's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read Beijing Tongyizhong New Material Technol total liabilities for a breakdown of total debt and financial obligations.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥407.67 Million | 31.68% |
| Total Liquid Assets | CN¥407.67 Million | 31.68% |
Asset Resilience Insights
- Very High Liquidity: Beijing Tongyizhong New Material Technology Corp maintains exceptional liquid asset reserves at 31.68% of total assets.
- This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
- The company has significant short-term investments, indicating active treasury management.
Beijing Tongyizhong New Material Technology Corp Industry Peers by Asset Resilience Ratio
Compare Beijing Tongyizhong New Material Technology Corp's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Huafu Top Dyed Melange Yarn Co Ltd
SHE:002042 |
Textile Manufacturing | 4.53% |
|
Jilin Chemical Fibre Co Ltd
SHE:000420 |
Textile Manufacturing | 1.34% |
|
Shenzhen Fuanna Bedding and Furnishing Co Ltd
SHE:002327 |
Textile Manufacturing | 16.99% |
|
Indo Count Industries Limited
NSE:ICIL |
Textile Manufacturing | 13.59% |
|
Zhejiang Unifull Industrial Fibre Co Ltd
SHE:002427 |
Textile Manufacturing | 0.01% |
|
Shenzhen Huijie Group Co Ltd
SHE:002763 |
Textile Manufacturing | -2.80% |
|
Annil Co Ltd
SHE:002875 |
Textile Manufacturing | 0.01% |
|
Mayur Uniquoters Ltd
NSE:MAYURUNIQ |
Textile Manufacturing | 9.73% |
Annual Asset Resilience Ratio for Beijing Tongyizhong New Material Technology Corp (2020–2021)
The table below shows the annual Asset Resilience Ratio data for Beijing Tongyizhong New Material Technology Corp.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2021-12-31 | 27.45% | CN¥300.12 Million ≈ $43.92 Million |
CN¥1.09 Billion ≈ $159.96 Million |
+2.32pp |
| 2020-12-31 | 25.14% | CN¥201.30 Million ≈ $29.46 Million |
CN¥800.83 Million ≈ $117.19 Million |
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About Beijing Tongyizhong New Material Technology Corp
Beijing Tongyizhong New Material Technology Corporation engages in the research and development, production, and sale of ultra-high molecular weight polyethylene fibers and composite materials in China and internationally. The company offers ultra-high molecular weight polyethylene fibers for ropes/nets, gloves, ballistics, cut-resistant, fishing lines, and pre-dyed; and soft and hard ballistic, … Read more