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 000059 working capital ratio to evaluate short-term liquidity relative to the company's equity base.
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. For the complete balance sheet picture, see 000059 total asset value.
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. Explore North Huajin Chemical Industries Co Ltd strategic investment ratio to see how much of total assets are deployed in long-term investments.
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 |
|---|---|---|
|
Hubei Zhenhua Chemical Co Ltd
SHG:603067 |
Chemicals | 0.03% |
|
Kemira Oyj
HE:KEMIRA |
Chemicals | 7.73% |
|
Xinfengming Group Co Ltd
SHG:603225 |
Chemicals | 0.00% |
|
Shandong Shida Shenghua Chem
SHG:603026 |
Chemicals | 0.06% |
|
L&F Co. Ltd
KQ:066970 |
Chemicals | 0.55% |
|
Tangshan Sunfar Silicon Ind
SHG:603938 |
Chemicals | 11.43% |
|
Zhejiang Sanmei Chemical Industry Co Ltd
SHG:603379 |
Chemicals | 9.41% |
|
Shaanxi Lighte Optoelectronics Material Co. Ltd. A
SHG:688150 |
Chemicals | 20.97% |
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 polyolefins, including high impact resistance polypropylene resin, washing machine special polypropylene resin, polypropylene resin, homopolymer polypropylene with special applicatio… Read more