HORNG SHIUE HOLDING Co Ltd - Asset Resilience Ratio

Latest as of March 2024: 2.01%

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.

Liquid Assets

NT$72.04 Million
≈ $2.27 Million USD Cash + Short-term Investments

Total Assets

NT$3.58 Billion
≈ $112.85 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2014–2022)

This chart shows how HORNG SHIUE HOLDING Co Ltd's Asset Resilience Ratio has changed over time. Check HORNG SHIUE HOLDING Co Ltd PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.

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. For market capitalisation and broader financial context, see HORNG SHIUE HOLDING Co Ltd (2243) total market value.

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
Bridgestone Corporation
F:BGTA
Auto Parts 0.24%
Autoliv Inc
ST:ALIV-SDB
Auto Parts 7.01%
Wanxiang Qianchao Co Ltd
SHE:000559
Auto Parts 0.00%
Balkrishna Industries Limited
NSE:BALKRISIND
Auto Parts 8.16%
Yapp Automotive Systems Co Ltd
SHG:603013
Auto Parts 5.95%
Qingdao Doublestar Co Ltd
SHE:000599
Auto Parts 0.00%
Kunshan Huguang Auto Harness Co Ltd
SHG:605333
Auto Parts 2.79%
ASK AUTOMOTIVE LIMITED
NSE:ASKAUTOLTD
Auto Parts 0.06%

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
--
pp = percentage points

About HORNG SHIUE HOLDING Co Ltd

TW:2243 Taiwan Auto Parts
Market Cap
$90.81 Million
NT$2.88 Billion TWD
Market Cap Rank
#19476 Global
#1097 in Taiwan
Share Price
NT$41.55
Change (1 day)
+4.27%
52-Week Range
NT$10.25 - NT$66.00
All Time High
NT$66.00
About

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. HORNG SHIUE HOLDING Co., Ltd. was founded in 2000 and is headquartered in Grand Cayman, Cayman Islands.