Ningxia Younglight Chemicals Co Ltd - Asset Resilience Ratio

Latest as of March 2024: 0.04%

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 000635 working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

CN¥1.13 Million
≈ $164.85K USD Cash + Short-term Investments

Total Assets

CN¥2.81 Billion
≈ $411.12 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (1996–2018)

This chart shows how Ningxia Younglight Chemicals Co Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see total assets of Ningxia Younglight Chemicals Co Ltd.

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. Read how much debt does Ningxia Younglight Chemicals Co Ltd carry for a breakdown of total debt and financial obligations.

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
Barito Pacific Tbk
JK:BRPT
Chemicals 17.82%
Jiangsu Boqian New Materials Stock Co Ltd
SHG:605376
Chemicals 0.00%
Tangshan Sunfar Silicon Ind
SHG:603938
Chemicals 11.43%
Solvac S.A.
BR:SOLV
Chemicals 0.00%
Zhejiang Yonghe Refrigerant Co Ltd
SHG:605020
Chemicals 1.48%
Zhejiang Sanmei Chemical Industry Co Ltd
SHG:603379
Chemicals 9.41%
Hunan Boyun New Materials Co Ltd
SHE:002297
Chemicals 1.91%
Robertet SA
PA:RBT
Chemicals 3.83%

Annual Asset Resilience Ratio for Ningxia Younglight Chemicals Co Ltd (1996–2018)

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
--
pp = percentage points

About Ningxia Younglight Chemicals Co Ltd

SHE:000635 China Chemicals
Market Cap
$411.79 Million
CN¥2.81 Billion CNY
Market Cap Rank
#13350 Global
#3972 in China
Share Price
CN¥7.14
Change (1 day)
-2.99%
52-Week Range
CN¥5.78 - CN¥10.70
All Time High
CN¥29.69
About

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