Delong Composite Energy Group Co Ltd Asset Resilience Ratio
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. See how many days can Delong Composite Energy Group Co Ltd fund operations to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Delong Composite Energy Group Co Ltd (1998–2019)
Asset resilience ratio of Delong Composite Energy Group Co Ltd from 1998 to 2019. This chart shows how Delong Composite Energy Group Co Ltd's Asset Resilience Ratio has changed over time. Read how much debt does Delong Composite Energy Group Co Ltd carry for a breakdown of total debt and financial obligations.
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. For the complete balance sheet picture, see Delong Composite Energy Group Co Ltd balance sheet assets.
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 |
|---|---|---|
|
Adani Total Gas Limited
NSE:ATGL |
Utilities - Regulated Gas | 1.03% |
|
Spire Inc
NYSE:SR |
Utilities - Regulated Gas | 4862678.31% |
|
Shinhsiung Natural Gas
TWO:8908 |
Utilities - Regulated Gas | 3.47% |
|
Metrogas SA
BA:METR |
Utilities - Regulated Gas | 0.18% |
|
Naturgy BAN SA
BA:GBAN |
Utilities - Regulated Gas | 6.33% |
|
Camuzzi Gas Pampeana SA
BA:CGPA2 |
Utilities - Regulated Gas | 2.84% |
|
Distribuidora de Gas Cuyana SA
BA:DGCU2 |
Utilities - Regulated Gas | 3.29% |
|
APA Group
AU:APA |
Utilities - Regulated Gas | 1.29% |
Delong Composite Energy Group Co Ltd Asset Resilience Ratio by Year (1998–2019)
Delong Composite Energy Group Co Ltd asset resilience ratio by year from 1998 to 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 ≈ $248.36K |
CN¥1.99 Billion ≈ $290.69 Million |
+0.04pp |
| 2010-12-31 | 0.04% | CN¥294.90K ≈ $43.15K |
CN¥678.65 Million ≈ $99.31 Million |
+0.04pp |
| 2008-12-31 | 0.01% | CN¥43.10K ≈ $6.31K |
CN¥589.04 Million ≈ $86.20 Million |
-0.01pp |
| 2007-12-31 | 0.02% | CN¥106.10K ≈ $15.53K |
CN¥573.53 Million ≈ $83.93 Million |
+0.00pp |
| 2006-12-31 | 0.02% | CN¥119.70K ≈ $17.52K |
CN¥722.58 Million ≈ $105.74 Million |
0.00pp |
| 2005-12-31 | 0.02% | CN¥117.88K ≈ $17.25K |
CN¥649.08 Million ≈ $94.98 Million |
-0.04pp |
| 2004-12-31 | 0.06% | CN¥349.24K ≈ $51.11K |
CN¥595.61 Million ≈ $87.16 Million |
-0.01pp |
| 2003-12-31 | 0.07% | CN¥410.90K ≈ $60.13K |
CN¥582.97 Million ≈ $85.31 Million |
-9.37pp |
| 1998-12-31 | 9.44% | CN¥39.20 Million ≈ $5.74 Million |
CN¥415.31 Million ≈ $60.77 Million |
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About 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