Chen Nan Iron Wire Co.,Ltd

TWO:2071 Taiwan Tools & Accessories
Market Cap
$41.53 Million
NT$1.37 Billion TWD
Market Cap Rank
#24268 Global
#1466 in Taiwan
Share Price
NT$19.90
Change (1 day)
+1.27%
52-Week Range
NT$14.95 - NT$19.90
All Time High
NT$19.90
About

Chen Nan Iron Wire Co.,Ltd manufactures and exports various kinds of fasteners and steel wires in Taiwan. The company offers self-drilling, chipboard, roofing, drywall, self tapping, collated, concrete, decking, wood, furniture, window, stainless steel, machine, set, trilobular thread forming, socket cap, SEMS, and nail screws; carriage, flange, hex, and lag bolts; hex flange, cage, hex, wing, ny… Read more

Chen Nan Iron Wire Co.,Ltd - Asset Resilience Ratio

Latest as of December 2024: 0.12%

Chen Nan Iron Wire Co.,Ltd (2071) has an Asset Resilience Ratio of 0.12% as of December 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$3.02 Million
Cash + Short-term Investments
Total Assets
NT$2.51 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2019–2024)

This chart shows how Chen Nan Iron Wire 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 Chen Nan Iron Wire 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$3.02 Million 0.12%
Total Liquid Assets NT$3.02 Million 0.12%

Asset Resilience Insights

  • Limited Liquidity: Chen Nan Iron Wire Co.,Ltd maintains only 0.12% 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.

Chen Nan Iron Wire Co.,Ltd Industry Peers by Asset Resilience Ratio

Compare Chen Nan Iron Wire Co.,Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Cs Holdings
KO:000590
Tools & Accessories 20.70%
Shandong Tengda Fasten Tech
SHE:001379
Tools & Accessories 7.20%
Cheil Grinding
KO:001560
Tools & Accessories 0.07%
Bosun Tools Co Ltd
SHE:002282
Tools & Accessories 4.78%
Ningbo Ligong Online Monitoring Technology Co Ltd
SHE:002322
Tools & Accessories 1.40%
Tianjin Saixiang Technology Co Ltd
SHE:002337
Tools & Accessories 7.92%
Hangzhou Great Star Industrial Co Ltd
SHE:002444
Tools & Accessories 4.81%
Guangdong Kinlong Hardware Products Co Ltd
SHE:002791
Tools & Accessories 2.74%

Annual Asset Resilience Ratio for Chen Nan Iron Wire Co.,Ltd (2019–2024)

The table below shows the annual Asset Resilience Ratio data for Chen Nan Iron Wire Co.,Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-12-31 0.12% NT$3.02 Million NT$2.51 Billion +0.00pp
2023-12-31 0.12% NT$3.00 Million NT$2.56 Billion -1.20pp
2022-12-31 1.32% NT$37.00 Million NT$2.81 Billion -0.39pp
2021-12-31 1.71% NT$52.45 Million NT$3.08 Billion -0.41pp
2020-12-31 2.12% NT$60.20 Million NT$2.84 Billion +0.33pp
2019-12-31 1.78% NT$47.45 Million NT$2.66 Billion --
pp = percentage points