Ningxia Younglight Chemicals Co Ltd Asset Resilience Ratio
Ningxia Younglight Chemicals Co Ltd asset resilience ratio. Ningxia Younglight Chemicals Co Ltd (000635) has an Asset Resilience Ratio of 0.04% as of March 2024. 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 Ningxia Younglight Chemicals Co Ltd liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Ningxia Younglight Chemicals Co Ltd (1996–2018)
Asset resilience ratio of Ningxia Younglight Chemicals Co Ltd from 1996 to 2018. This chart shows how Ningxia Younglight Chemicals Co Ltd's Asset Resilience Ratio has changed over time. Read total liabilities of Ningxia Younglight Chemicals Co Ltd for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Ningxia Younglight Chemicals 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 Ningxia Younglight Chemicals Co Ltd balance sheet assets.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥1.13 Million | 0.04% |
| Total Liquid Assets | CN¥1.13 Million | 0.04% |
Asset Resilience Insights
- Limited Liquidity: Ningxia Younglight Chemicals Co Ltd maintains only 0.04% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Ningxia Younglight Chemicals Co Ltd Industry Peers by Asset Resilience Ratio
Compare Ningxia Younglight Chemicals Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
S&D Co. Ltd.
KQ:260970 |
Chemicals | 19.57% |
|
Suzhou Nanomicro Technology Co Ltd
SHG:688690 |
Chemicals | 4.37% |
|
Zhejiang Yongtai Technology Co Ltd
SHE:002326 |
Chemicals | 0.00% |
|
Solvac S.A.
BR:SOLV |
Chemicals | 0.00% |
|
Shanghai Pret Composites
SHE:002324 |
Chemicals | 0.27% |
|
HeBei Jinniu Chemical Industry Co Ltd
SHG:600722 |
Chemicals | 27.64% |
|
Shandong Yanggu Huatai Chemical Co Ltd
SHE:300121 |
Chemicals | 3.06% |
|
Yunnan Yunwei Co Ltd Class A
SHG:600725 |
Chemicals | 5.66% |
Ningxia Younglight Chemicals Co Ltd Asset Resilience Ratio by Year (1996–2018)
Ningxia Younglight Chemicals Co Ltd asset resilience ratio by year from 1996 to 2018. The table below shows the annual Asset Resilience Ratio data for Ningxia Younglight Chemicals Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2018-12-31 | 12.69% | CN¥398.00 Million ≈ $58.24 Million |
CN¥3.14 Billion ≈ $458.89 Million |
-0.03pp |
| 2017-12-31 | 12.72% | CN¥438.00 Million ≈ $64.09 Million |
CN¥3.44 Billion ≈ $503.99 Million |
+12.53pp |
| 2016-12-31 | 0.19% | CN¥6.22 Million ≈ $910.57K |
CN¥3.33 Billion ≈ $487.30 Million |
+0.18pp |
| 2012-12-31 | 0.01% | CN¥357.85K ≈ $52.36K |
CN¥3.63 Billion ≈ $530.59 Million |
+0.01pp |
| 2011-12-31 | 0.00% | CN¥26.27K ≈ $3.84K |
CN¥3.75 Billion ≈ $548.75 Million |
-0.81pp |
| 1997-12-31 | 0.81% | CN¥2.20 Million ≈ $321.93K |
CN¥270.64 Million ≈ $39.60 Million |
-1.47pp |
| 1996-12-31 | 2.28% | CN¥5.00 Million ≈ $731.66K |
CN¥218.92 Million ≈ $32.03 Million |
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About Ningxia Younglight Chemicals Co Ltd
Ningxia Yinglite Chemicals Co., Ltd produces hazardous chemicals in China. The company offers calcium carbide, lime nitrogen, dicyandiamide, caustic soda, polyvinyl chloride resin, liquid chlorine, hydrochloric acid, and other related products. It is also involved in power generation, transmission, and distribution; supply of heat production, equipment repair; metal cutting and welding manufactur… Read more