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. Check 000059 capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.

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. See debt-free asset ratio of North Huajin Chemical Industries Co Ltd to measure how much of total assets are equity-financed.

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
BASF SE
F:BASA
Chemicals 0.12%
Jinan Shengquan Group Share Holding Co Ltd
SHG:605589
Chemicals 0.07%
Guizhou Redstar Developing Co Ltd
SHG:600367
Chemicals 0.71%
Shanghai Huayi Group Corp Ltd A
SHG:600623
Chemicals 2.10%
Anhui Hwasu Co.Ltd.
SHG:600935
Chemicals 3.81%
Huafon Microfibre Shanghai Co
SHE:300180
Chemicals 0.07%
Solvac S.A.
BR:SOLV
Chemicals 0.00%
Jiangxi Chen Guang New Materials Co Ltd
SHG:605399
Chemicals 3.36%

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
$1.02 Billion
CN¥6.97 Billion CNY
Market Cap Rank
#9015 Global
#2290 in China
Share Price
CN¥4.36
Change (1 day)
+2.59%
52-Week Range
CN¥4.23 - 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 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