Delong Composite Energy Group Co Ltd - Asset Resilience Ratio

Latest as of December 2023: -4.82%

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 Delong Composite Energy Group Co Ltd current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

CN¥-100.93 Million
≈ $-14.77 Million USD Cash + Short-term Investments

Total Assets

CN¥2.10 Billion
≈ $306.59 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (1998–2019)

This chart shows how Delong Composite Energy Group Co Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see 000593 total asset value.

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. Explore Delong Composite Energy Group Co Ltd long-term investment intensity 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¥-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
Uniper SE
XETRA:UN0
Utilities - Regulated Gas 3.65%
Bestsun Energy Co Ltd
SHG:600681
Utilities - Regulated Gas 0.42%
Distribuidora de Gas Cuyana SA
BA:DGCU2
Utilities - Regulated Gas 3.29%
Equus Energy Ltd
AU:EQU
Utilities - Regulated Gas 95.68%
GREENHY2 Ltd
AU:H2G
Utilities - Regulated Gas 0.29%
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%

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
≈ $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
--
pp = percentage points

About Delong Composite Energy Group Co Ltd

SHE:000593 China Utilities - Regulated Gas
Market Cap
$1.12 Billion
CN¥7.62 Billion CNY
Market Cap Rank
#8424 Global
#1977 in China
Share Price
CN¥21.25
Change (1 day)
+0.71%
52-Week Range
CN¥6.32 - CN¥27.80
All Time High
CN¥27.80
About

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