North Huajin Chemical Industries Co Ltd - Asset Resilience Ratio

Latest as of September 2023: -1.48%

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

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 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
--
pp = percentage points

About North Huajin Chemical Industries Co Ltd

SHE:000059 China Chemicals
Market Cap
$1.26 Billion
CN¥8.64 Billion CNY
Market Cap Rank
#7882 Global
#1763 in China
Share Price
CN¥5.40
Change (1 day)
-0.74%
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