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. See Tangshan Jidong Cement Co Ltd (000401) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
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. For the complete balance sheet picture, see balance sheet size of Tangshan Jidong Cement Co Ltd.
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. Explore investment intensity of Tangshan Jidong Cement Co Ltd 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¥-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 |
|---|---|---|
|
The India Cements Limited
NSE:INDIACEM |
Building Materials | 0.01% |
|
Cimsa Cimento Sanayi ve Ticaret AS
IS:CIMSA |
Building Materials | 6.02% |
|
Loma Negra Compania Industrial Argentina SA
BA:LOMA |
Building Materials | 5.62% |
|
Holcim Argentina SA
BA:HARG |
Building Materials | 0.00% |
|
Brickworks Ltd
AU:BKW |
Building Materials | 0.00% |
|
Mohenz.Co.Ltd
KQ:006920 |
Building Materials | 7.83% |
|
Baumart Holdings Ltd
AU:BMH |
Building Materials | 0.00% |
|
Wienerberger AG
VI:WIE |
Building Materials | 1.44% |
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