Shin Kong Financial Holding Co Ltd Asset Resilience Ratio
Shin Kong Financial Holding Co Ltd asset resilience ratio. 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. See how many days can Shin Kong Financial Holding Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Shin Kong Financial Holding Co Ltd (2002–2023)
Asset resilience ratio of Shin Kong Financial Holding Co Ltd from 2002 to 2023. This chart shows how Shin Kong Financial Holding Co Ltd's Asset Resilience Ratio has changed over time. Read 2888 liabilities breakdown for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see balance sheet size of Shin Kong Financial Holding Co Ltd.
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 |
|---|---|---|
|
F&G Annuities & Life Inc.
NYSE:FG |
Insurance - Life | 0.53% |
|
SBI Life Insurance Company Limited
NSE:SBILIFE |
Insurance - Life | 0.11% |
|
Max Financial Services Limited
NSE:MFSL |
Insurance - Life | 0.29% |
|
Bangkok Life Assurance Public Company Limited
F:XBLA |
Insurance - Life | 91.42% |
|
Bangkok Life Assurance Public Company Limited
BK:BLA |
Insurance - Life | 89.00% |
|
CNO Financial Group Inc
NYSE:CNO |
Insurance - Life | 21.20% |
|
Mercuries & Associates Holding Ltd
TW:2905 |
Insurance - Life | 0.01% |
|
Fubon Financial Holding Co Ltd
TW:2881 |
Insurance - Life | 0.92% |
Shin Kong Financial Holding Co Ltd Asset Resilience Ratio by Year (2002–2023)
Shin Kong Financial Holding Co Ltd asset resilience ratio by year from 2002 to 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 |
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About Shin Kong Financial Holding Co Ltd
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