JMC Topped Y2014 Excellent China Automobile Enterprise Asset List

www.chinatrucks.com: The other day, Y2014 Excellent China Automobile Enterprise Asset List was released. Jiangling Motors Co., Ltd. (“JMC”) topped the list.

Asset quality refers to the role played by asset in enterprise operation, which incorporates in cashability, asset utilization quality, asset ratio added value quality, and contribution to enterprise development goal. Asset quality directly determines the wax and wane of enterprise operation.

At present, China financial innovation is mostly based on pledge. However, give full play to finance leverage might induce operation deterioration, insolvency and high operation risk. This is more evident in asset-heavy automobile enterprises. Risk hedging controllability has put forward severe trial to decision makers in automobile enterprise. 

Organizing committee of “Y2014 Excellent China Automobile Enterprise Asset List”, therefore, takes enterprises’ asset-liability ratio, ratio of intangible asset and net cash liability ratio into account together with quick ratio and cash ratio so as to measure enterprise asset quick liquidation indicators. JMC performed stably in a series of evaluation and met the standard of excellent asset quality enterprise.

It is known that E-mark Authentification is the safety authentification on whole vehicle and the spare parts and systems involved with the safety factor complied with the  EU laws and  EEC regulars strictly, and often seen as the VISA to enter into the European market for suppliers.

  
The E-mark authentification rechecking passed smoothly signifies that CAMC gets the inspection-free Green Card for exporting truck to EU market.

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