Victory New Materials Ltd Co - Asset Resilience Ratio

Latest as of September 2024: 9.40%

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. See 1340 current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

NT$359.79 Million

≈ $11.34 Million USD Cash + Short-term Investments

Total Assets

NT$3.83 Billion

≈ $120.62 Million USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio Trend (2014–2023)

This chart shows how Victory New Materials Ltd Co's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Victory New Materials Ltd Co balance sheet assets.

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. Read Victory New Materials Ltd Co total liabilities for a breakdown of total debt and financial obligations.

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
Zhejiang China Commodities City Group Co Ltd SHG:600415	Footwear & Accessories	1.24%
Alpargatas S.A SA:ALPA3	Footwear & Accessories	6.47%
Zhejiang Red Dragonfly Footwear Co Ltd SHG:603116	Footwear & Accessories	6.44%
Harson Trading China Co Ltd SHG:603958	Footwear & Accessories	0.12%
VIP Industries Limited NSE:VIPIND	Footwear & Accessories	2.48%
Sports Gear Co. Ltd TW:6768	Footwear & Accessories	0.00%
Merchant House International Ltd AU:MHI	Footwear & Accessories	62.43%
Grimoldi SA BA:GRIM	Footwear & Accessories	16.99%

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 ≈ $10.97 Million	NT$4.10 Billion ≈ $129.11 Million	-6.26pp
2022-12-31	14.76%	NT$706.87 Million ≈ $22.27 Million	NT$4.79 Billion ≈ $150.89 Million	-2.07pp
2021-12-31	16.83%	NT$867.49 Million ≈ $27.33 Million	NT$5.15 Billion ≈ $162.36 Million	+13.82pp
2019-12-31	3.01%	NT$184.40 Million ≈ $5.81 Million	NT$6.12 Billion ≈ $192.89 Million	-19.24pp
2018-12-31	22.25%	NT$1.51 Billion ≈ $47.59 Million	NT$6.79 Billion ≈ $213.87 Million	+0.34pp
2017-12-31	21.91%	NT$1.53 Billion ≈ $48.32 Million	NT$7.00 Billion ≈ $220.47 Million	+0.45pp
2016-12-31	21.47%	NT$1.39 Billion ≈ $43.64 Million	NT$6.45 Billion ≈ $203.28 Million	-6.17pp
2015-12-31	27.63%	NT$1.77 Billion ≈ $55.64 Million	NT$6.39 Billion ≈ $201.35 Million	-7.41pp
2014-12-31	35.04%	NT$2.00 Billion ≈ $62.92 Million	NT$5.70 Billion ≈ $179.57 Million	--

pp = percentage points

About Victory New Materials Ltd Co

TW:1340 Taiwan Footwear & Accessories

Market Cap

$24.86 Million

NT$789.08 Million TWD

Market Cap Rank

#24482 Global

#1522 in Taiwan

Share Price

NT$5.16

Change (1 day)

+1.78%

52-Week Range

NT$5.02 - NT$8.62

All Time High

NT$55.84