Mi Chang Oil - Asset Resilience Ratio
Mi Chang Oil (003650) has an Asset Resilience Ratio of 30.02% 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. Read Mi Chang Oil (003650) financial obligations for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2009–2024)
This chart shows how Mi Chang Oil's Asset Resilience Ratio has changed over time. See what is Mi Chang Oil's book value for net asset value and shareholders' equity analysis.
Liquid Assets Composition Over Time
This chart breaks down Mi Chang Oil's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see Mi Chang Oil (003650) total market value.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩0.00 | 0% |
| Short-term Investments | ₩153.89 Billion | 30.02% |
| Total Liquid Assets | ₩153.89 Billion | 30.02% |
Asset Resilience Insights
- Very High Liquidity: Mi Chang Oil maintains exceptional liquid asset reserves at 30.02% of total assets.
- This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
- The company has significant short-term investments, indicating active treasury management.
Mi Chang Oil Industry Peers by Asset Resilience Ratio
Compare Mi Chang Oil's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
S-Oil Corp
KO:010950 |
Oil & Gas Refining & Marketing | 0.03% |
|
Ultrapar Participações S.A
SA:UGPA3 |
Oil & Gas Refining & Marketing | 7.05% |
|
Sk Gas
KO:018670 |
Oil & Gas Refining & Marketing | 4.53% |
|
Hankook Shell Oil
KO:002960 |
Oil & Gas Refining & Marketing | 13.34% |
|
HY Energy Group Co Ltd
SHG:600387 |
Oil & Gas Refining & Marketing | 0.48% |
|
Ampol Ltd
AU:ALD |
Oil & Gas Refining & Marketing | -1.53% |
|
Viva Energy Group Ltd
AU:VEA |
Oil & Gas Refining & Marketing | 0.00% |
|
Cosan S.A
SA:CSAN3 |
Oil & Gas Refining & Marketing | 12.25% |
Annual Asset Resilience Ratio for Mi Chang Oil (2009–2024)
The table below shows the annual Asset Resilience Ratio data for Mi Chang Oil.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-12-31 | 35.31% | ₩172.66 Billion ≈ $117.01 Million |
₩488.93 Billion ≈ $331.34 Million |
+8.71pp |
| 2023-12-31 | 26.60% | ₩110.74 Billion ≈ $75.05 Million |
₩416.24 Billion ≈ $282.08 Million |
+3.08pp |
| 2022-12-31 | 23.52% | ₩84.04 Billion ≈ $56.95 Million |
₩357.33 Billion ≈ $242.15 Million |
+0.58pp |
| 2021-12-31 | 22.94% | ₩79.72 Billion ≈ $54.03 Million |
₩347.60 Billion ≈ $235.56 Million |
+6.90pp |
| 2020-12-31 | 16.03% | ₩49.99 Billion ≈ $33.88 Million |
₩311.81 Billion ≈ $211.31 Million |
-0.85pp |
| 2019-12-31 | 16.89% | ₩49.87 Billion ≈ $33.80 Million |
₩295.37 Billion ≈ $200.17 Million |
-7.49pp |
| 2018-12-31 | 24.37% | ₩69.01 Billion ≈ $46.77 Million |
₩283.17 Billion ≈ $191.90 Million |
-8.34pp |
| 2017-12-31 | 32.71% | ₩91.87 Billion ≈ $62.26 Million |
₩280.84 Billion ≈ $190.32 Million |
-6.63pp |
| 2016-12-31 | 39.34% | ₩110.24 Billion ≈ $74.71 Million |
₩280.21 Billion ≈ $189.89 Million |
+19.46pp |
| 2015-12-31 | 19.89% | ₩50.05 Billion ≈ $33.92 Million |
₩251.66 Billion ≈ $170.55 Million |
+18.92pp |
| 2013-12-31 | 0.97% | ₩2.00 Billion ≈ $1.36 Million |
₩206.85 Billion ≈ $140.18 Million |
-4.61pp |
| 2012-12-31 | 5.57% | ₩11.32 Billion ≈ $7.67 Million |
₩203.12 Billion ≈ $137.65 Million |
+4.03pp |
| 2011-12-31 | 1.55% | ₩3.00 Billion ≈ $2.03 Million |
₩194.07 Billion ≈ $131.52 Million |
-10.55pp |
| 2010-12-31 | 12.09% | ₩22.04 Billion ≈ $14.94 Million |
₩182.27 Billion ≈ $123.52 Million |
-7.81pp |
| 2009-12-31 | 19.90% | ₩32.90 Billion ≈ $22.30 Million |
₩165.31 Billion ≈ $112.03 Million |
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About Mi Chang Oil
Michang Oil Ind. Co., Ltd. engages in the petrochemical business in South Korea. It offers automotive lubricants, including motor, gasoline engine, diesel engine, gear, and automatic transmission oils, as well as other application oils; and transformer oils. The company also provides industrial lubricants, such as hydraulic, gear, turbine, and heat transfer oils; and rubber process oils comprisin… Read more