Progate Group Corporation
Progate Group Corporation engages in the design, development, manufactures, sale, and trading of integrated circuits in Taiwan. It is also involved in intellectual property rights; wholesale of electronic materials and information software; and agency and import and export trade of various related products. The company also offers ASIC design service; ASIC mass production service; IP turnkey serv… Read more
Progate Group Corporation - Asset Resilience Ratio
Progate Group Corporation (8227) has an Asset Resilience Ratio of 5.85% as of June 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
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2019–2023)
This chart shows how Progate Group Corporation's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Progate Group Corporation'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$63.57 Million | 5.85% |
| Total Liquid Assets | NT$63.57 Million | 5.85% |
Asset Resilience Insights
- Limited Liquidity: Progate Group Corporation maintains only 5.85% 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.
Progate Group Corporation Industry Peers by Asset Resilience Ratio
Compare Progate Group Corporation's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
SK Hynix Inc
KO:000660 |
Semiconductors | 11.59% |
|
UniTTEC Co Ltd
SHE:000925 |
Semiconductors | 1.07% |
|
DB HiTek Co Ltd
KO:000990 |
Semiconductors | 28.18% |
|
Zhejiang Chengchang Technology Co. Ltd.
SHE:001270 |
Semiconductors | 1.98% |
|
Shenzhen Techwinsemi Technology Co. Ltd.
SHE:001309 |
Semiconductors | 1.90% |
|
Unigroup Guoxin Microelectronics Co Ltd
SHE:002049 |
Semiconductors | 8.76% |
|
Sinosteel Anhui Tianyuan Technology Co Ltd
SHE:002057 |
Semiconductors | 0.04% |
|
Suzhou Good-Ark Electronics Co Ltd
SHE:002079 |
Semiconductors | 17.01% |
Annual Asset Resilience Ratio for Progate Group Corporation (2019–2023)
The table below shows the annual Asset Resilience Ratio data for Progate Group Corporation.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 3.07% | NT$33.28 Million | NT$1.08 Billion | -1.32pp |
| 2022-12-31 | 4.39% | NT$42.80 Million | NT$974.82 Million | -4.43pp |
| 2021-12-31 | 8.82% | NT$45.74 Million | NT$518.61 Million | -5.84pp |
| 2020-12-31 | 14.66% | NT$60.04 Million | NT$409.61 Million | -14.81pp |
| 2019-12-31 | 29.47% | NT$105.24 Million | NT$357.09 Million | -- |