Hengyuan Refining Company Bhd
Hengyuan Refining Company Berhad engages in refining, manufacturing, and selling petroleum products in Malaysia. It offers liquefied petroleum gas; petrol; jet fuel; diesel; fuel oil components; sulphur; light naphtha; and propylene. The company was formerly known as Shell Refining Company (Federation of Malaya) Berhad and changed its name to Hengyuan Refining Company Berhad in March 2017. Hengyu… Read more
Hengyuan Refining Company Bhd - Asset Resilience Ratio
Hengyuan Refining Company Bhd (4324) has an Asset Resilience Ratio of 0.44% as of March 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 (2015–2023)
This chart shows how Hengyuan Refining Company Bhd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Hengyuan Refining Company Bhd'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 | RM0.00 | 0% |
| Short-term Investments | RM21.52 Million | 0.44% |
| Total Liquid Assets | RM21.52 Million | 0.44% |
Asset Resilience Insights
- Limited Liquidity: Hengyuan Refining Company Bhd maintains only 0.44% 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.
Hengyuan Refining Company Bhd Industry Peers by Asset Resilience Ratio
Compare Hengyuan Refining Company Bhd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Shandong Shengli Co Ltd
SHE:000407 |
Oil & Gas Refining & Marketing | 0.03% |
|
Jiangsu Gaoke Petrochemical Co
SHE:002778 |
Oil & Gas Refining & Marketing | -0.99% |
|
Hankook Shell Oil
KO:002960 |
Oil & Gas Refining & Marketing | 13.34% |
|
Mi Chang Oil
KO:003650 |
Oil & Gas Refining & Marketing | 30.02% |
|
SK Discovery Co Ltd
KO:006125 |
Oil & Gas Refining & Marketing | 7.87% |
|
S-Oil Corp
KO:010950 |
Oil & Gas Refining & Marketing | 0.03% |
|
The LEADCORP Inc
KQ:012700 |
Oil & Gas Refining & Marketing | 2.58% |
|
Hiap Huat Holdings Bhd
KLSE:0160 |
Oil & Gas Refining & Marketing | 0.29% |
Annual Asset Resilience Ratio for Hengyuan Refining Company Bhd (2015–2023)
The table below shows the annual Asset Resilience Ratio data for Hengyuan Refining Company Bhd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 0.37% | RM21.02 Million | RM5.64 Billion | -1.36pp |
| 2022-12-31 | 1.73% | RM114.56 Million | RM6.62 Billion | +1.47pp |
| 2021-12-31 | 0.26% | RM14.07 Million | RM5.48 Billion | -1.07pp |
| 2020-12-31 | 1.33% | RM59.68 Million | RM4.50 Billion | -0.61pp |
| 2019-12-31 | 1.94% | RM109.71 Million | RM5.65 Billion | -- |
| 2018-12-31 | 0.00% | RM0.00 | RM4.17 Billion | -- |
| 2017-12-31 | 8.49% | RM310.00 Million | RM3.65 Billion | -2.19pp |
| 2016-12-31 | 10.68% | RM328.90 Million | RM3.08 Billion | +4.85pp |
| 2015-12-31 | 5.83% | RM172.00 Million | RM2.95 Billion | -- |