North Huajin Chemical Industries Co Ltd Asset Resilience Ratio

Latest as of September 2023: -1.48%

North Huajin Chemical Industries Co Ltd asset resilience ratio. North Huajin Chemical Industries Co Ltd (000059) has an Asset Resilience Ratio of -1.48% as of September 2023. 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 North Huajin Chemical Industries Co Ltd defensive interval ratio to measure how many days the company can operate on defensive assets alone.

Liquid Assets

CN¥-424.28 Million
≈ $-62.09 Million USD Cash + Short-term Investments

Total Assets

CN¥28.64 Billion
≈ $4.19 Billion USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio of North Huajin Chemical Industries Co Ltd (1998–2019)

Asset resilience ratio of North Huajin Chemical Industries Co Ltd from 1998 to 2019. This chart shows how North Huajin Chemical Industries Co Ltd's Asset Resilience Ratio has changed over time. Read North Huajin Chemical Industries Co Ltd (000059) total liabilities for a breakdown of total debt and financial obligations.

Liquid Assets Composition Over Time

This chart breaks down North Huajin Chemical Industries Co Ltd'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 North Huajin Chemical Industries Co Ltd (000059) total assets.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥-424.28 Million -1.48%
Total Liquid Assets CN¥-424.28 Million -1.48%

Asset Resilience Insights

  • Limited Liquidity: North Huajin Chemical Industries Co Ltd maintains only -1.48% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company primarily holds liquidity in cash and equivalents rather than short-term investments.

North Huajin Chemical Industries Co Ltd Industry Peers by Asset Resilience Ratio

Compare North Huajin Chemical Industries Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
BASF SE
F:BASA
Chemicals 0.12%
Methanex Corporation
TO:MX
Chemicals 5.85%
FSPG Hi-Tech Co Ltd
SHE:000973
Chemicals 8.29%
Darbond Technology Co. Ltd. A
SHG:688035
Chemicals 11.22%
Yueyang Xingchang Petro-Chemical Co Ltd
SHE:000819
Chemicals 9.55%
Taihe Technologies
SHE:300801
Chemicals 12.40%
Hunan Yussen Energy Technology
SHE:002986
Chemicals 1.04%
Jiangsu Hengxing New Material
SHG:603276
Chemicals 29.17%

North Huajin Chemical Industries Co Ltd Asset Resilience Ratio by Year (1998–2019)

North Huajin Chemical Industries Co Ltd asset resilience ratio by year from 1998 to 2019. The table below shows the annual Asset Resilience Ratio data for North Huajin Chemical Industries Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2019-12-31 0.34% CN¥100.12 Million
≈ $14.65 Million
CN¥29.36 Billion
≈ $4.30 Billion
-4.76pp
2016-12-31 5.10% CN¥1.60 Billion
≈ $234.13 Million
CN¥31.37 Billion
≈ $4.59 Billion
+2.09pp
2015-12-31 3.01% CN¥900.00 Million
≈ $131.70 Million
CN¥29.92 Billion
≈ $4.38 Billion
+2.86pp
1998-12-31 0.15% CN¥4.45 Million
≈ $651.17K
CN¥2.93 Billion
≈ $428.25 Million
--
pp = percentage points

About North Huajin Chemical Industries Co Ltd

SHE:000059 China Chemicals
Market Cap
$1.02 Billion
CN¥6.94 Billion CNY
Market Cap Rank
#8481 Global
#1905 in China
Share Price
CN¥4.34
Change (1 day)
+0.00%
52-Week Range
CN¥3.75 - CN¥6.67
All Time High
CN¥12.55
About

North Huajin Chemical Industries Co.,Ltd engages in the production and sales of petrochemicals and chemical fertilizers. It operates in two segments, Petrochemical Products and Fertilizer Products. The company offers polyolefins, including high impact resistance polypropylene resin, washing machine special polypropylene resin, polypropylene resin, homopolymer polypropylene with special applicatio… Read more