Joy Industrial Co., Ltd.
Joy Industrial Co., Ltd. engages in the research, development, manufacture, import, export, wholesale, trade, and sale of bicycle parts in Taiwan, China, Europe, and internationally. The company offers bicycle hubs and wheelsets; and carbon fiber front fork and grip products. It is also involved in the manufacture of bicycles, automobiles, and traffic equipment parts and accessories; design, deve… Read more
Joy Industrial Co., Ltd. - Asset Resilience Ratio
Joy Industrial Co., Ltd. (4559) has an Asset Resilience Ratio of 0.12% as of December 2016. 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
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2012–2019)
This chart shows how Joy Industrial 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 Joy Industrial 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$2.31 Million | 0.12% |
| Total Liquid Assets | NT$2.31 Million | 0.12% |
Asset Resilience Insights
- Limited Liquidity: Joy Industrial 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.
Joy Industrial Co., Ltd. Industry Peers by Asset Resilience Ratio
Compare Joy Industrial Co., Ltd.'s asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
iQ International AG
F:IQL |
Auto Parts | 3.44% |
|
Daewonkangup
KO:000430 |
Auto Parts | 1.07% |
|
Wanxiang Qianchao Co Ltd
SHE:000559 |
Auto Parts | 0.00% |
|
Weifu High-Technology Group Co Ltd
SHE:000581 |
Auto Parts | 5.84% |
|
Gui Zhou Tyre Co Ltd
SHE:000589 |
Auto Parts | 1.28% |
|
Qingdao Doublestar Co Ltd
SHE:000599 |
Auto Parts | 0.00% |
|
Hengli Industrial Development Group Co Ltd
SHE:000622 |
Auto Parts | -0.02% |
|
Xiangyang Automobile Bearing Co Ltd
SHE:000678 |
Auto Parts | 0.04% |
Annual Asset Resilience Ratio for Joy Industrial Co., Ltd. (2012–2019)
The table below shows the annual Asset Resilience Ratio data for Joy Industrial Co., Ltd..
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2019-12-31 | 0.43% | NT$7.75 Million | NT$1.79 Billion | -0.04pp |
| 2017-12-31 | 0.47% | NT$9.13 Million | NT$1.93 Billion | +0.35pp |
| 2016-12-31 | 0.12% | NT$2.31 Million | NT$1.90 Billion | -0.66pp |
| 2014-12-31 | 0.79% | NT$15.28 Million | NT$1.95 Billion | -0.84pp |
| 2013-12-31 | 1.63% | NT$29.51 Million | NT$1.81 Billion | -0.54pp |
| 2012-12-31 | 2.17% | NT$32.86 Million | NT$1.51 Billion | -- |