Jiin Ming Industry Co Ltd - Asset Resilience Ratio

Latest as of September 2024: 0.35%

Jiin Ming Industry Co Ltd (3230) has an Asset Resilience Ratio of 0.35% as of September 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 Jiin Ming Industry Co Ltd (3230) strategic investment index to assess the company's strategic physical and investment asset allocation.

Liquid Assets

NT$5.13 Million
≈ $161.53K USD Cash + Short-term Investments

Total Assets

NT$1.45 Billion
≈ $45.65 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2021–2023)

This chart shows how Jiin Ming Industry Co Ltd's Asset Resilience Ratio has changed over time. See debt-free asset ratio of Jiin Ming Industry Co Ltd to measure how much of total assets are equity-financed.

Liquid Assets Composition Over Time

This chart breaks down Jiin Ming Industry 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 market cap of Jiin Ming Industry Co Ltd.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents NT$0.00 0%
Short-term Investments NT$5.13 Million 0.35%
Total Liquid Assets NT$5.13 Million 0.35%

Asset Resilience Insights

  • Limited Liquidity: Jiin Ming Industry Co Ltd maintains only 0.35% 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.

Jiin Ming Industry Co Ltd Industry Peers by Asset Resilience Ratio

Compare Jiin Ming Industry Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Olympic Circuit Technology Co Ltd
SHG:603920
Electronic Components 23.19%
Elite Material Co Ltd
TW:2383
Electronic Components 0.00%
Shanghai Wanye Enterprises Co Ltd
SHG:600641
Electronic Components 0.15%
Taiwan Union Technology
TWO:6274
Electronic Components 8.46%
Daeduck Electronics Co Ltd
KO:353200
Electronic Components 11.76%
Suzhou HYC Technology Co Ltd
SHG:688001
Electronic Components 0.06%
Electric Connector Technology Co Ltd
SHE:300679
Electronic Components 0.68%
Wuhu Token Sciences
SHE:300088
Electronic Components 0.69%

Annual Asset Resilience Ratio for Jiin Ming Industry Co Ltd (2021–2023)

The table below shows the annual Asset Resilience Ratio data for Jiin Ming Industry Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 0.42% NT$5.21 Million
≈ $164.27K
NT$1.25 Billion
≈ $39.36 Million
-0.16pp
2022-12-31 0.57% NT$9.77 Million
≈ $307.68K
NT$1.70 Billion
≈ $53.65 Million
-0.13pp
2021-12-31 0.71% NT$14.00 Million
≈ $441.08K
NT$1.98 Billion
≈ $62.37 Million
--
pp = percentage points

About Jiin Ming Industry Co Ltd

TWO:3230 Taiwan Electronic Components
Market Cap
$78.38 Million
NT$2.49 Billion TWD
Market Cap Rank
#20247 Global
#1205 in Taiwan
Share Price
NT$29.40
Change (1 day)
+2.26%
52-Week Range
NT$26.55 - NT$66.00
All Time High
NT$66.00
About

Jiin Ming Industry Co., Ltd. provides design manufacturing services in Taiwan. The company offers precision milling machine processing solutions. It also offers mold design, hardware stamping, and surface treatment solutions. The company was founded in 1987 and is headquartered in Taoyuan, Taiwan.