Victory New Materials Ltd Co
Victory New Materials Limited Company manufactures and sells shoe materials in China and internationally. The company offers secondary molding soles, one injection soles, one injection monochrome slippers, injected styrofoam plastic molding soles, one injection dual color soles, one injection dual color finished shoes, RB soles, EVO plastic particles, and toys. Victory New Materials Limited Compa… Read more
Victory New Materials Ltd Co - Asset Resilience Ratio
Victory New Materials Ltd Co (1340) has an Asset Resilience Ratio of 9.40% as of September 2024. 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 (2014–2023)
This chart shows how Victory New Materials Ltd Co's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Victory New Materials Ltd Co'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 | NT$0.00 | 0% |
| Short-term Investments | NT$359.79 Million | 9.4% |
| Total Liquid Assets | NT$359.79 Million | 9.40% |
Asset Resilience Insights
- Limited Liquidity: Victory New Materials Ltd Co maintains only 9.40% 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.
Victory New Materials Ltd Co Industry Peers by Asset Resilience Ratio
Compare Victory New Materials Ltd Co's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Samyang Tongsang Co. Ltd.
KO:002170 |
Footwear & Accessories | 44.67% |
|
Wuxi Double Elephant Micro Fibre Material Co Ltd
SHE:002395 |
Footwear & Accessories | 1.50% |
|
Uni Chem
KO:011330 |
Footwear & Accessories | 0.12% |
|
Carlo Rino Group Bhd
KLSE:0335 |
Footwear & Accessories | 32.28% |
|
Baiksan
KO:035150 |
Footwear & Accessories | 2.54% |
|
InBioGen Co Ltd
KO:101140 |
Footwear & Accessories | 64.37% |
|
Gumho NT Co Ltd
KQ:130500 |
Footwear & Accessories | 0.00% |
|
JS Corp
KO:194370 |
Footwear & Accessories | 1.22% |
Annual Asset Resilience Ratio for Victory New Materials Ltd Co (2014–2023)
The table below shows the annual Asset Resilience Ratio data for Victory New Materials Ltd Co.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 8.50% | NT$348.13 Million | NT$4.10 Billion | -6.26pp |
| 2022-12-31 | 14.76% | NT$706.87 Million | NT$4.79 Billion | -2.07pp |
| 2021-12-31 | 16.83% | NT$867.49 Million | NT$5.15 Billion | +13.82pp |
| 2019-12-31 | 3.01% | NT$184.40 Million | NT$6.12 Billion | -19.24pp |
| 2018-12-31 | 22.25% | NT$1.51 Billion | NT$6.79 Billion | +0.34pp |
| 2017-12-31 | 21.91% | NT$1.53 Billion | NT$7.00 Billion | +0.45pp |
| 2016-12-31 | 21.47% | NT$1.39 Billion | NT$6.45 Billion | -6.17pp |
| 2015-12-31 | 27.63% | NT$1.77 Billion | NT$6.39 Billion | -7.41pp |
| 2014-12-31 | 35.04% | NT$2.00 Billion | NT$5.70 Billion | -- |