North Huajin Chemical Industries Co Ltd Asset Resilience Ratio
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
Total Assets
Resilience Assessment
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 |
-- |
About North Huajin Chemical Industries Co Ltd
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