Tangshan Jidong Cement Co Ltd - Asset Resilience Ratio

Latest as of September 2023: -2.39%

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

CN¥-1.50 Billion
≈ $-219.87 Million USD Cash + Short-term Investments

Total Assets

CN¥62.77 Billion
≈ $9.19 Billion USD All company assets

Resilience Assessment

Low
Financial Resilience Level

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
--
pp = percentage points

About Tangshan Jidong Cement Co Ltd

SHE:000401 China Building Materials
Market Cap
$1.42 Billion
CN¥9.73 Billion CNY
Market Cap Rank
#7586 Global
#1765 in China
Share Price
CN¥3.66
Change (1 day)
-2.14%
52-Week Range
CN¥3.66 - CN¥5.60
All Time High
CN¥20.74
About

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