Shin Kong Financial Holding Co Ltd - Asset Resilience Ratio

Latest as of March 2024: 1.47%

Shin Kong Financial Holding Co Ltd (2888) has an Asset Resilience Ratio of 1.47% 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. Read debt load of Shin Kong Financial Holding Co Ltd for a breakdown of total debt and financial obligations.

Liquid Assets

NT$74.84 Billion
≈ $2.36 Billion USD Cash + Short-term Investments

Total Assets

NT$5.08 Trillion
≈ $160.14 Billion USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2002–2023)

This chart shows how Shin Kong Financial Holding Co Ltd's Asset Resilience Ratio has changed over time. See Shin Kong Financial Holding Co Ltd (2888) net assets for net asset value and shareholders' equity analysis.

Liquid Assets Composition Over Time

This chart breaks down Shin Kong Financial 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 Shin Kong Financial Holding Co Ltd market capitalisation.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents NT$0.00 0%
Short-term Investments NT$74.84 Billion 1.47%
Total Liquid Assets NT$74.84 Billion 1.47%

Asset Resilience Insights

  • Limited Liquidity: Shin Kong Financial Holding Co Ltd maintains only 1.47% 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.

Shin Kong Financial Holding Co Ltd Industry Peers by Asset Resilience Ratio

Compare Shin Kong Financial Holding Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Life Insurance Corporation Of India
NSE:LICI
Insurance - Life 0.50%
China Life Insurance Company Limited
F:CHL
Insurance - Life 40.03%
Max Financial Services Limited
NSE:MFSL
Insurance - Life 0.29%
Hanwha Life
KO:088350
Insurance - Life 69.64%
Challenger Ltd
AU:CGF
Insurance - Life 2.14%
Hapvida Participações e Investimentos S.A.
SA:HAPV3
Insurance - Life 9.67%
Nobleoak Life Ltd
AU:NOL
Insurance - Life 15.08%
Clearview Wealth Ltd
AU:CVW
Insurance - Life 22.11%

Annual Asset Resilience Ratio for Shin Kong Financial Holding Co Ltd (2002–2023)

The table below shows the annual Asset Resilience Ratio data for Shin Kong Financial Holding Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 1.82% NT$90.02 Billion
≈ $2.84 Billion
NT$4.95 Trillion
≈ $156.06 Billion
-3.87pp
2022-12-31 5.69% NT$275.83 Billion
≈ $8.69 Billion
NT$4.85 Trillion
≈ $152.82 Billion
+3.74pp
2021-12-31 1.95% NT$91.42 Billion
≈ $2.88 Billion
NT$4.69 Trillion
≈ $147.61 Billion
-1.24pp
2020-12-31 3.20% NT$139.24 Billion
≈ $4.39 Billion
NT$4.36 Trillion
≈ $137.27 Billion
+0.89pp
2019-12-31 2.31% NT$91.83 Billion
≈ $2.89 Billion
NT$3.98 Trillion
≈ $125.43 Billion
-0.56pp
2018-12-31 2.87% NT$104.56 Billion
≈ $3.29 Billion
NT$3.65 Trillion
≈ $114.95 Billion
-2.20pp
2017-12-31 5.07% NT$171.50 Billion
≈ $5.40 Billion
NT$3.38 Trillion
≈ $106.63 Billion
+1.21pp
2016-12-31 3.86% NT$121.88 Billion
≈ $3.84 Billion
NT$3.16 Trillion
≈ $99.48 Billion
-0.54pp
2015-12-31 4.40% NT$130.31 Billion
≈ $4.11 Billion
NT$2.96 Trillion
≈ $93.35 Billion
+3.24pp
2014-12-31 1.15% NT$32.28 Billion
≈ $1.02 Billion
NT$2.80 Trillion
≈ $88.15 Billion
-0.76pp
2013-12-31 1.92% NT$48.62 Billion
≈ $1.53 Billion
NT$2.54 Trillion
≈ $79.87 Billion
+0.92pp
2012-12-31 0.99% NT$22.93 Billion
≈ $722.49 Million
NT$2.31 Trillion
≈ $72.77 Billion
-1.02pp
2011-12-31 2.01% NT$42.96 Billion
≈ $1.35 Billion
NT$2.14 Trillion
≈ $67.30 Billion
-1.26pp
2010-12-31 3.27% NT$67.48 Billion
≈ $2.13 Billion
NT$2.06 Trillion
≈ $65.03 Billion
+1.21pp
2009-12-31 2.06% NT$39.43 Billion
≈ $1.24 Billion
NT$1.92 Trillion
≈ $60.43 Billion
-2.87pp
2008-12-31 4.93% NT$87.89 Billion
≈ $2.77 Billion
NT$1.78 Trillion
≈ $56.18 Billion
+2.36pp
2007-12-31 2.57% NT$43.40 Billion
≈ $1.37 Billion
NT$1.69 Trillion
≈ $53.18 Billion
+1.19pp
2006-12-31 1.38% NT$20.61 Billion
≈ $649.31 Million
NT$1.49 Trillion
≈ $47.02 Billion
-7.25pp
2005-12-31 8.63% NT$114.92 Billion
≈ $3.62 Billion
NT$1.33 Trillion
≈ $41.94 Billion
-3.81pp
2004-12-31 12.44% NT$115.85 Billion
≈ $3.65 Billion
NT$931.34 Billion
≈ $29.34 Billion
+1.70pp
2003-12-31 10.74% NT$77.40 Billion
≈ $2.44 Billion
NT$720.59 Billion
≈ $22.70 Billion
-10.10pp
2002-12-31 20.84% NT$126.67 Billion
≈ $3.99 Billion
NT$607.89 Billion
≈ $19.15 Billion
--
pp = percentage points

About Shin Kong Financial Holding Co Ltd

TW:2888 Taiwan Insurance - Life
Market Cap
$6.58 Billion
NT$209.01 Billion TWD
Market Cap Rank
#2998 Global
#84 in Taiwan
Share Price
NT$11.80
Change (1 day)
+3.96%
52-Week Range
NT$11.15 - NT$12.15
All Time High
NT$13.50
About

Shin Kong Financial Holding Co., Ltd., together with its subsidiaries, provides a range of financial products and services in Taipei and internationally. The company operates through Insurance, Securities, Banking, and Others segments. It provides life insurance products, including individual and group life, accident, property and casualty, and health insurance; commercial banking services, such … Read more