Ting Sin Co Ltd
Ting Sin Co., Ltd. manufactures, sells, and tests aluminum alloy products worldwide. It operates through two segments, Aluminum Alloy Business and Leather Goods Business. The company offers aluminum ingots, aluminum alloy billets, aluminum alloy continuous casting and rolling coils, aluminum shots (deoxidizer), and magnesium bone nails; aluminum wire rods; and aluminum/magnesium alloys. It also e… Read more
Ting Sin Co Ltd - Asset Resilience Ratio
Ting Sin Co Ltd (2358) has an Asset Resilience Ratio of 4.97% as of September 2023. 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 (2002–2022)
This chart shows how Ting Sin Co Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Ting Sin Co Ltd'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$181.51 Million | 4.97% |
| Total Liquid Assets | NT$181.51 Million | 4.97% |
Asset Resilience Insights
- Limited Liquidity: Ting Sin Co Ltd maintains only 4.97% 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.
Ting Sin Co Ltd Industry Peers by Asset Resilience Ratio
Compare Ting Sin Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Jiaozuo Wanfang Aluminum
SHE:000612 |
Aluminum | 1.24% |
|
Yunnan Aluminium Co Ltd
SHE:000807 |
Aluminum | 6.31% |
|
Henan Shenhuo Coal & Power Co Ltd
SHE:000933 |
Aluminum | 3.97% |
|
Aluko Co Ltd
KO:001780 |
Aluminum | 1.59% |
|
Guangdong Hongtu Technology Holdings Co Ltd
SHE:002101 |
Aluminum | 5.56% |
|
Jiangsu Alcha Aluminium Co Ltd
SHE:002160 |
Aluminum | 0.02% |
|
Nanjing Yunhai Special Metals Co Ltd
SHE:002182 |
Aluminum | 2.04% |
|
ZYF Lopsking Aluminum Co Ltd
SHE:002333 |
Aluminum | 1.10% |
Annual Asset Resilience Ratio for Ting Sin Co Ltd (2002–2022)
The table below shows the annual Asset Resilience Ratio data for Ting Sin Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2022-12-31 | 4.60% | NT$182.66 Million | NT$3.97 Billion | -3.19pp |
| 2021-12-31 | 7.79% | NT$311.68 Million | NT$4.00 Billion | +3.12pp |
| 2020-12-31 | 4.67% | NT$146.97 Million | NT$3.15 Billion | +1.83pp |
| 2019-12-31 | 2.84% | NT$83.64 Million | NT$2.94 Billion | -4.98pp |
| 2018-12-31 | 7.82% | NT$201.27 Million | NT$2.57 Billion | +5.07pp |
| 2017-12-31 | 2.75% | NT$51.26 Million | NT$1.87 Billion | +1.70pp |
| 2016-12-31 | 1.05% | NT$15.07 Million | NT$1.43 Billion | -3.36pp |
| 2015-12-31 | 4.42% | NT$32.11 Million | NT$727.07 Million | +0.43pp |
| 2014-12-31 | 3.98% | NT$36.49 Million | NT$916.07 Million | +2.17pp |
| 2013-12-31 | 1.81% | NT$15.36 Million | NT$849.24 Million | +1.77pp |
| 2002-12-31 | 0.04% | NT$760.00K | NT$1.85 Billion | -- |