Mi Chang Oil Asset Resilience Ratio
Mi Chang Oil asset resilience ratio. Mi Chang Oil (003650) has an Asset Resilience Ratio of 48.29% as of June 2026. 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. See 003650 days of operational coverage to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Mi Chang Oil (2009–2025)
Asset resilience ratio of Mi Chang Oil from 2009 to 2025. This chart shows how Mi Chang Oil's Asset Resilience Ratio has changed over time. Read Mi Chang Oil debt and liabilities for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see 003650 current and non-current assets.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₩0.00 | 0% |
| Short-term Investments | ₩318.48 Billion | 48.29% |
| Total Liquid Assets | ₩318.48 Billion | 48.29% |
Asset Resilience Insights
- Very High Liquidity: Mi Chang Oil maintains exceptional liquid asset reserves at 48.29% 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 |
|---|---|---|
|
Jiangsu Lopal Tech Co Ltd
SHG:603906 |
Oil & Gas Refining & Marketing | 7.64% |
|
Empresas Lipigas S.A.
SN:LIPIGAS |
Oil & Gas Refining & Marketing | 0.31% |
|
Ecoslops SA
PA:ALESA |
Oil & Gas Refining & Marketing | 22.27% |
|
Ampol Ltd
AU:ALD |
Oil & Gas Refining & Marketing | -1.53% |
|
Viva Energy Group Ltd
AU:VEA |
Oil & Gas Refining & Marketing | 0.00% |
|
Ultrapar Participações S.A
SA:UGPA3 |
Oil & Gas Refining & Marketing | 8.73% |
|
Cosan S.A
SA:CSAN3 |
Oil & Gas Refining & Marketing | 4.33% |
|
Refinaria de Petróleos de Manguinhos S.A
SA:RPMG3 |
Oil & Gas Refining & Marketing | 0.52% |
Mi Chang Oil Asset Resilience Ratio by Year (2009–2025)
Mi Chang Oil asset resilience ratio by year from 2009 to 2025. The table below shows the annual Asset Resilience Ratio data for Mi Chang Oil.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2025-12-31 | 39.56% | ₩211.25 Billion ≈ $143.16 Million |
₩533.96 Billion ≈ $361.86 Million |
+4.25pp |
| 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