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. Check Victory New Materials Ltd Co (1340) strategic asset index to assess the company's strategic physical and investment asset allocation.

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. See Victory New Materials Ltd Co balance sheet independence to measure how much of total assets are equity-financed.

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. For market capitalisation and broader financial context, see how much is Victory New Materials Ltd Co worth.

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
Huali Industrial Group Company Limited SHE:300979	Footwear & Accessories	5.07%
Topscore Fashion SHG:603608	Footwear & Accessories	6.79%
Zhejiang Red Dragonfly Footwear Co Ltd SHG:603116	Footwear & Accessories	6.44%
Sports Gear Co. Ltd TW:6768	Footwear & Accessories	0.00%
Delta Plus Group SA PA:ALDLT	Footwear & Accessories	6.89%
JS Corp KO:194370	Footwear & Accessories	1.22%
Phillips 66 F:PSX	Footwear & Accessories	9.54%
Dr. Martens PLC LSE:DOCS	Footwear & Accessories	0.01%

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

$27.70 Million

NT$879.31 Million TWD

Market Cap Rank

#24088 Global

#1519 in Taiwan

Share Price

NT$5.75

Change (1 day)

-0.35%

52-Week Range

NT$5.30 - NT$8.62

All Time High

NT$55.84