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. Check 2888 PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
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 balance sheet independence to measure how much of total assets are equity-financed.
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% |
|
New China Life Insurance Co Ltd
SHG:601336 |
Insurance - Life | 29.93% |
|
Power Corporation Of Canada
TO:POW |
Insurance - Life | 1.79% |
|
Challenger Ltd
AU:CGF |
Insurance - Life | 2.14% |
|
Prudential plc
LSE:PRU |
Insurance - Life | 2.65% |
|
Clearview Wealth Ltd
AU:CVW |
Insurance - Life | 22.11% |
|
Nobleoak Life Ltd
AU:NOL |
Insurance - Life | 11.03% |
|
Hapvida Participações e Investimentos S.A.
SA:HAPV3 |
Insurance - Life | 10.15% |
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 |
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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