China Resources Gas Group Limited
China Resources Gas Group Limited, an investment holding company, engages in the sale of natural and liquefied gas and connection of gas pipelines. The company operates through Sale and Distribution of Gas Fuel and Related Products, Gas Connection, Comprehensive Services, Design and Construction Services, and Gas Stations segments. The Sale and Distribution of Gas Fuel and Related Products segmen… Read more
China Resources Gas Group Limited - Asset Resilience Ratio
China Resources Gas Group Limited (CRGGF) has an Asset Resilience Ratio of 0.64% as of December 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 (2002–2023)
This chart shows how China Resources Gas Group Limited's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down China Resources Gas Group Limited'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 | $0.00 | 0% |
| Short-term Investments | $845.49 Million | 0.64% |
| Total Liquid Assets | $845.49 Million | 0.64% |
Asset Resilience Insights
- Limited Liquidity: China Resources Gas Group Limited maintains only 0.64% 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.
China Resources Gas Group Limited Industry Peers by Asset Resilience Ratio
Compare China Resources Gas Group Limited's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Delong Composite Energy Group Co Ltd
SHE:000593 |
Utilities - Regulated Gas | -4.82% |
|
Shaanxi Meineng Clean Energy Corp. Ltd. A
SHE:001299 |
Utilities - Regulated Gas | 19.43% |
|
Xinjiang Haoyuan Natural Gas Co Ltd
SHE:002700 |
Utilities - Regulated Gas | 50.66% |
|
Foran Energy Group Co Ltd
SHE:002911 |
Utilities - Regulated Gas | 0.96% |
|
Samchully
KO:004690 |
Utilities - Regulated Gas | 16.53% |
|
Taekyung Chem
KO:006890 |
Utilities - Regulated Gas | 5.47% |
|
Kyungdong Gas
KO:012320 |
Utilities - Regulated Gas | 12.34% |
|
Yesco Holdings Co. Ltd
KO:015360 |
Utilities - Regulated Gas | 3.57% |
Annual Asset Resilience Ratio for China Resources Gas Group Limited (2002–2023)
The table below shows the annual Asset Resilience Ratio data for China Resources Gas Group Limited.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 0.60% | $830.87 Million | $137.87 Billion | +2.41pp |
| 2022-12-31 | -1.80% | $-2.02 Billion | $112.05 Billion | -1.71pp |
| 2021-12-31 | -0.10% | $-100.85 Million | $106.14 Billion | +0.00pp |
| 2020-12-31 | -0.10% | $-89.42 Million | $93.87 Billion | -0.33pp |
| 2019-12-31 | 0.24% | $192.57 Million | $81.02 Billion | -1.99pp |
| 2018-12-31 | 2.23% | $1.64 Billion | $73.57 Billion | +0.06pp |
| 2017-12-31 | 2.17% | $1.49 Billion | $68.76 Billion | +0.41pp |
| 2016-12-31 | 1.76% | $1.05 Billion | $59.68 Billion | +0.18pp |
| 2015-12-31 | 1.58% | $947.56 Million | $59.90 Billion | -0.02pp |
| 2014-12-31 | 1.60% | $921.86 Million | $57.52 Billion | -0.32pp |
| 2013-12-31 | 1.92% | $971.27 Million | $50.48 Billion | +1.88pp |
| 2012-12-31 | 0.04% | $17.05 Million | $42.40 Billion | +3.71pp |
| 2011-12-31 | -3.67% | $-932.91 Million | $25.41 Billion | -1.54pp |
| 2009-12-31 | -2.13% | $-182.95 Million | $8.57 Billion | -2.67pp |
| 2008-12-31 | 0.54% | $19.88 Million | $3.71 Billion | -2.98pp |
| 2002-12-31 | 3.51% | $123.69 Million | $3.52 Billion | -- |