HORNG SHIUE HOLDING Co Ltd - Asset Resilience Ratio
HORNG SHIUE HOLDING Co Ltd (2243) has an Asset Resilience Ratio of 2.01% as of March 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 how liquid is HORNG SHIUE HOLDING Co Ltd's working capital to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2014–2022)
This chart shows how HORNG SHIUE HOLDING Co Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see HORNG SHIUE HOLDING Co Ltd asset portfolio.
Liquid Assets Composition Over Time
This chart breaks down HORNG SHIUE HOLDING Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read HORNG SHIUE HOLDING Co Ltd (2243) financial obligations 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$72.04 Million | 2.01% |
| Total Liquid Assets | NT$72.04 Million | 2.01% |
Asset Resilience Insights
- Limited Liquidity: HORNG SHIUE HOLDING Co Ltd maintains only 2.01% 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.
HORNG SHIUE HOLDING Co Ltd Industry Peers by Asset Resilience Ratio
Compare HORNG SHIUE HOLDING Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Continental Aktiengesellschaft
F:CON |
Auto Parts | 0.38% |
|
Garrett Motion Inc
NASDAQ:GTX |
Auto Parts | 2.46% |
|
Balkrishna Industries Limited
NSE:BALKRISIND |
Auto Parts | 8.16% |
|
Jiangsu Xinquan Automotive Trim Co Ltd
SHG:603179 |
Auto Parts | 0.82% |
|
Qingdao Sentury Tire Co Ltd
SHE:002984 |
Auto Parts | 3.38% |
|
Aotecar New Energy Technology Co Ltd
SHE:002239 |
Auto Parts | 0.32% |
|
NBTM New Materials Group Co Ltd
SHG:600114 |
Auto Parts | 0.00% |
|
Pricol Limited
NSE:PRICOLLTD |
Auto Parts | 0.34% |
Annual Asset Resilience Ratio for HORNG SHIUE HOLDING Co Ltd (2014–2022)
The table below shows the annual Asset Resilience Ratio data for HORNG SHIUE HOLDING Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2022-12-31 | 0.00% | NT$48.00K ≈ $1.51K |
NT$3.37 Billion ≈ $106.14 Million |
-0.14pp |
| 2020-12-31 | 0.14% | NT$5.62 Million ≈ $177.03K |
NT$3.90 Billion ≈ $122.94 Million |
-4.80pp |
| 2019-12-31 | 4.95% | NT$163.51 Million ≈ $5.15 Million |
NT$3.30 Billion ≈ $104.11 Million |
-1.47pp |
| 2018-12-31 | 6.42% | NT$254.09 Million ≈ $8.01 Million |
NT$3.96 Billion ≈ $124.73 Million |
+2.96pp |
| 2017-12-31 | 3.45% | NT$137.97 Million ≈ $4.35 Million |
NT$3.99 Billion ≈ $125.83 Million |
+2.50pp |
| 2016-12-31 | 0.95% | NT$35.96 Million ≈ $1.13 Million |
NT$3.77 Billion ≈ $118.82 Million |
-1.90pp |
| 2015-12-31 | 2.85% | NT$116.31 Million ≈ $3.66 Million |
NT$4.08 Billion ≈ $128.41 Million |
+1.12pp |
| 2014-12-31 | 1.73% | NT$64.31 Million ≈ $2.03 Million |
NT$3.72 Billion ≈ $117.20 Million |
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About HORNG SHIUE HOLDING Co Ltd
HORNG SHIUE HOLDING Co., Ltd. engages in the manufacture, processing, and trading of automotive sheet metal stamping dies and gauges in China and internationally. It also provides after sales technical consulting services. The company was founded in 2000 and is headquartered in Grand Cayman, Cayman Islands.