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 financial agility of Beijing Tongyizhong New Material Technol to measure the company's free cash flow as a share of total liabilities.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2020–2021)
This chart shows how Beijing Tongyizhong New Material Technology Corp's Asset Resilience Ratio has changed over time. See Beijing Tongyizhong New Material Technol balance sheet independence to measure how much of total assets are equity-financed.
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. For market capitalisation and broader financial context, see 688722 market cap.
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 |
|---|---|---|
|
Jilin Chemical Fibre Co Ltd
SHE:000420 |
Textile Manufacturing | 1.34% |
|
Zhejiang Taihua New Material
SHG:603055 |
Textile Manufacturing | 0.17% |
|
Zhejiang Yingfeng Technology Co Ltd
SHG:605055 |
Textile Manufacturing | 1.52% |
|
Lu Thai Textile Co Ltd
SHE:000726 |
Textile Manufacturing | 11.29% |
|
Suzhou Longjie Special Fiber Co Ltd
SHG:603332 |
Textile Manufacturing | 31.93% |
|
Best Pacific International Holdings Limited
F:NWQ |
Textile Manufacturing | 0.59% |
|
SEONGAN CO. Ltd
KO:011300 |
Textile Manufacturing | 1.38% |
|
Guangdong Modern High Tech Fiber Co
SHE:300876 |
Textile Manufacturing | 0.11% |
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