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. Read 000059 current and long-term liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (1998–2019)
This chart shows how North Huajin Chemical Industries Co Ltd's Asset Resilience Ratio has changed over time. See North Huajin Chemical Industries Co Ltd (000059) net assets for net asset value and shareholders' equity analysis.
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 market capitalisation and broader financial context, see 000059 stock market capitalisation.
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 |
|---|---|---|
|
Rongsheng Petrochemical Co Ltd
SHE:002493 |
Chemicals | 0.13% |
|
Sichuan Chemical Co Ltd
SHE:000155 |
Chemicals | 3.90% |
|
Bachem Holding AG
SW:BANB |
Chemicals | 0.00% |
|
Suzhou Hesheng Special Material Co Ltd
SHE:002290 |
Chemicals | 0.43% |
|
Shenzhen Senior Technology Material Co Ltd
SHE:300568 |
Chemicals | 0.92% |
|
Guangdong Rongtai Industry Co Ltd
SHG:600589 |
Chemicals | 0.00% |
|
Anhui Wanwei Updated High-tech Material Industry Co Ltd
SHG:600063 |
Chemicals | 0.25% |
|
Tronox Holdings PLC
NYSE:TROX |
Chemicals | 0.02% |
Annual Asset Resilience Ratio for North Huajin Chemical Industries Co Ltd (1998–2019)
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 |
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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 diesel oil products, polypropylene resin, polyethylene resin, ABS resin, chemical fertilizers, mixed aromatics, C9, fuel oil, asphalt, lubricating oil, and other products. It is also… Read more