Tangshan Jidong Cement Co Ltd - Asset Resilience Ratio
Tangshan Jidong Cement Co Ltd (000401) has an Asset Resilience Ratio of -2.39% 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 Tangshan Jidong Cement Co Ltd strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (1994–2021)
This chart shows how Tangshan Jidong Cement Co Ltd's Asset Resilience Ratio has changed over time. See 000401 equity financing ratio to measure how much of total assets are equity-financed.
Liquid Assets Composition Over Time
This chart breaks down Tangshan Jidong Cement 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 how much is Tangshan Jidong Cement Co Ltd worth.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥-1.50 Billion | -2.39% |
| Total Liquid Assets | CN¥-1.50 Billion | -2.39% |
Asset Resilience Insights
- Limited Liquidity: Tangshan Jidong Cement Co Ltd maintains only -2.39% 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.
Tangshan Jidong Cement Co Ltd Industry Peers by Asset Resilience Ratio
Compare Tangshan Jidong Cement Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Wienerberger AG
VI:WIE |
Building Materials | 1.44% |
|
Mangalam Cement Limited
NSE:MANGLMCEM |
Building Materials | 8.78% |
|
Lihtai Construction Enterprise Co Ltd
TWO:5520 |
Building Materials | 18.15% |
|
Chosun Refractories Co Ltd
KO:000480 |
Building Materials | 6.76% |
|
Woori SPAC 3
KQ:198440 |
Building Materials | 0.13% |
|
Busan Ind
KO:011390 |
Building Materials | 0.40% |
|
Mohenz.Co.Ltd
KQ:006920 |
Building Materials | 7.83% |
|
Loma Negra Compania Industrial Argentina SA
BA:LOMA |
Building Materials | 5.62% |
Annual Asset Resilience Ratio for Tangshan Jidong Cement Co Ltd (1994–2021)
The table below shows the annual Asset Resilience Ratio data for Tangshan Jidong Cement Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2021-12-31 | -2.37% | CN¥-1.43 Billion ≈ $-209.56 Million |
CN¥60.33 Billion ≈ $8.83 Billion |
-0.33pp |
| 2020-12-31 | -2.04% | CN¥-1.20 Billion ≈ $-175.93 Million |
CN¥58.95 Billion ≈ $8.63 Billion |
-0.26pp |
| 2019-12-31 | -1.77% | CN¥-1.08 Billion ≈ $-157.72 Million |
CN¥60.73 Billion ≈ $8.89 Billion |
-1.81pp |
| 2018-12-31 | 0.03% | CN¥19.20 Million ≈ $2.81 Million |
CN¥61.99 Billion ≈ $9.07 Billion |
-0.04pp |
| 2017-12-31 | 0.07% | CN¥30.51 Million ≈ $4.47 Million |
CN¥41.03 Billion ≈ $6.00 Billion |
-1.29pp |
| 2016-12-31 | 1.36% | CN¥566.15 Million ≈ $82.85 Million |
CN¥41.48 Billion ≈ $6.07 Billion |
-0.44pp |
| 2015-12-31 | 1.80% | CN¥745.04 Million ≈ $109.02 Million |
CN¥41.28 Billion ≈ $6.04 Billion |
+1.45pp |
| 2014-12-31 | 0.36% | CN¥156.83 Million ≈ $22.95 Million |
CN¥44.05 Billion ≈ $6.45 Billion |
+0.17pp |
| 2013-12-31 | 0.19% | CN¥82.30 Million ≈ $12.04 Million |
CN¥43.09 Billion ≈ $6.31 Billion |
+0.05pp |
| 2012-12-31 | 0.14% | CN¥57.88 Million ≈ $8.47 Million |
CN¥41.50 Billion ≈ $6.07 Billion |
+0.45pp |
| 2011-12-31 | -0.31% | CN¥-118.84 Million ≈ $-17.39 Million |
CN¥38.08 Billion ≈ $5.57 Billion |
-0.06pp |
| 2010-12-31 | -0.25% | CN¥-76.21 Million ≈ $-11.15 Million |
CN¥30.25 Billion ≈ $4.43 Billion |
-0.79pp |
| 2006-12-31 | 0.54% | CN¥36.01 Million ≈ $5.27 Million |
CN¥6.63 Billion ≈ $970.58 Million |
-2.58pp |
| 2000-12-31 | 3.12% | CN¥69.87 Million ≈ $10.22 Million |
CN¥2.24 Billion ≈ $327.53 Million |
+2.91pp |
| 1994-12-31 | 0.21% | CN¥2.16 Million ≈ $316.56K |
CN¥1.02 Billion ≈ $149.59 Million |
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About Tangshan Jidong Cement Co Ltd
BBMG Jidong Cement Group Co., Ltd engages in the production and sale of cement clinker, silicate cement, and related building material products in China. It is also involved in sand and gravel aggregates, environmental protection, mineral powder, admixtures and new materials business. In addition, the company offers silicate cement that are used in municipal and infrastructure projects and the re… Read more