Shin Ruenn Development Co Ltd

TWO:6186 Taiwan Real Estate - Development
Market Cap
$243.00 Million
NT$8.04 Billion TWD
Market Cap Rank
#17006 Global
#683 in Taiwan
Share Price
NT$41.25
Change (1 day)
-0.36%
52-Week Range
NT$40.80 - NT$72.20
All Time High
NT$123.00
About

Shin Ruenn development Co., LTD develops, trades in, leases, and sells real estate properties in Taiwan. It develops residential, building, and other real estate properties. The company was formerly known as Jinglay, Inc. and changed its name to Shin Ruenn development Co., LTD. in July 2011. Shin Ruenn development Co., LTD was founded in 1987 and is based in Taipei, Taiwan.

Shin Ruenn Development Co Ltd - Asset Resilience Ratio

Latest as of September 2025: 3.00%

Shin Ruenn Development Co Ltd (6186) has an Asset Resilience Ratio of 3.00% as of September 2025. 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$519.13 Million
Cash + Short-term Investments
Total Assets
NT$17.30 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2017–2024)

This chart shows how Shin Ruenn Development 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 Shin Ruenn Development 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$519.13 Million 3.0%
Total Liquid Assets NT$519.13 Million 3.00%

Asset Resilience Insights

  • Limited Liquidity: Shin Ruenn Development Co Ltd maintains only 3.00% 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 Ruenn Development Co Ltd Industry Peers by Asset Resilience Ratio

Compare Shin Ruenn Development Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Kee Tai Properties Co Ltd
TW:2538
Real Estate - Development 10.27%
Hung Sheng Construction Ltd
TW:2534
Real Estate - Development 1.09%
Villa Kunalai Public Company Limited
BK:KUN
Real Estate - Development 0.00%
China Vanke Co Ltd Class A
SHE:000002
Real Estate - Development 0.00%
Shenzhen Zhenye Group Co Ltd
SHE:000006
Real Estate - Development 0.48%
Shahe Industry Co Ltd
SHE:000014
Real Estate - Development 0.03%
Grandjoy Holdings Group Co Ltd
SHE:000031
Real Estate - Development 0.06%
China Union Holdings Ltd
SHE:000036
Real Estate - Development 9.54%

Annual Asset Resilience Ratio for Shin Ruenn Development Co Ltd (2017–2024)

The table below shows the annual Asset Resilience Ratio data for Shin Ruenn Development Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-12-31 5.52% NT$1.14 Billion NT$20.62 Billion -1.27pp
2023-12-31 6.79% NT$1.35 Billion NT$19.81 Billion +2.79pp
2022-12-31 4.00% NT$716.75 Million NT$17.92 Billion -1.30pp
2021-12-31 5.30% NT$827.93 Million NT$15.62 Billion +3.14pp
2020-12-31 2.16% NT$337.65 Million NT$15.66 Billion +0.36pp
2019-12-31 1.80% NT$171.63 Million NT$9.56 Billion -5.42pp
2018-12-31 7.21% NT$422.61 Million NT$5.86 Billion +6.02pp
2017-12-31 1.19% NT$56.57 Million NT$4.74 Billion --
pp = percentage points