Delong Composite Energy Group Co Ltd
Delong Composite Energy Group Co., Ltd. engages in production and supply of natural gas. The company is involved in the LNG business; integrated energy business; and landing hydrogen energy and photovoltaic business. The company was formerly known as Sichuan Datong Gas Development Co.,Ltd. and changed its name to Delong Composite Energy Group Co., Ltd. in February 2022. Delong Composite Energy Gr… Read more
Delong Composite Energy Group Co Ltd - Asset Resilience Ratio
Delong Composite Energy Group Co Ltd (000593) has an Asset Resilience Ratio of -4.82% as of December 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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (1998–2019)
This chart shows how Delong Composite Energy Group Co Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Delong Composite Energy Group Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥-100.93 Million | -4.82% |
| Total Liquid Assets | CN¥-100.93 Million | -4.82% |
Asset Resilience Insights
- Limited Liquidity: Delong Composite Energy Group Co Ltd maintains only -4.82% 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.
Delong Composite Energy Group Co Ltd Industry Peers by Asset Resilience Ratio
Compare Delong Composite Energy Group Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Shaanxi Meineng Clean Energy Corp. Ltd. A
SHE:001299 |
Utilities - Regulated Gas | 19.43% |
|
Xinjiang Haoyuan Natural Gas Co Ltd
SHE:002700 |
Utilities - Regulated Gas | 50.66% |
|
Foran Energy Group Co Ltd
SHE:002911 |
Utilities - Regulated Gas | 0.96% |
|
Samchully
KO:004690 |
Utilities - Regulated Gas | 16.53% |
|
Taekyung Chem
KO:006890 |
Utilities - Regulated Gas | 5.47% |
|
Kyungdong Gas
KO:012320 |
Utilities - Regulated Gas | 12.34% |
|
Yesco Holdings Co. Ltd
KO:015360 |
Utilities - Regulated Gas | 3.57% |
|
Daesung Holdin
KO:016710 |
Utilities - Regulated Gas | 8.15% |
Annual Asset Resilience Ratio for Delong Composite Energy Group Co Ltd (1998–2019)
The table below shows the annual Asset Resilience Ratio data for Delong Composite Energy Group Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2019-12-31 | 0.09% | CN¥1.70 Million | CN¥1.99 Billion | +0.04pp |
| 2010-12-31 | 0.04% | CN¥294.90K | CN¥678.65 Million | +0.04pp |
| 2008-12-31 | 0.01% | CN¥43.10K | CN¥589.04 Million | -0.01pp |
| 2007-12-31 | 0.02% | CN¥106.10K | CN¥573.53 Million | +0.00pp |
| 2006-12-31 | 0.02% | CN¥119.70K | CN¥722.58 Million | 0.00pp |
| 2005-12-31 | 0.02% | CN¥117.88K | CN¥649.08 Million | -0.04pp |
| 2004-12-31 | 0.06% | CN¥349.24K | CN¥595.61 Million | -0.01pp |
| 2003-12-31 | 0.07% | CN¥410.90K | CN¥582.97 Million | -9.37pp |
| 1998-12-31 | 9.44% | CN¥39.20 Million | CN¥415.31 Million | -- |