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. Check Ningxia Younglight Chemicals Co Ltd strategic capital allocation to assess the company's strategic physical and investment asset allocation.

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. See Ningxia Younglight Chemicals Co Ltd (000635) balance sheet quality index to measure how much of total assets are equity-financed.

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 market capitalisation and broader financial context, see Ningxia Younglight Chemicals Co Ltd (000635) total market value.

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
Guizhou Redstar Developing Co Ltd SHG:600367	Chemicals	0.71%
Shenzhen Dynanonic Co Ltd SHE:300769	Chemicals	0.00%
Zhejiang Sanmei Chemical Industry Co Ltd SHG:603379	Chemicals	9.41%
Guangdong Rongtai Industry Co Ltd SHG:600589	Chemicals	0.00%
Jingsu Jingshen Salt&Chem SHG:603299	Chemicals	2.88%
Anhui Hwasu Co.Ltd. SHG:600935	Chemicals	3.81%
Shanghai Chlor-Alkali Chemical Co Ltd A SHG:600618	Chemicals	0.02%
Inner Mongolia Lantai Industrial Co Ltd SHG:600328	Chemicals	1.76%

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

$376.61 Million

CN¥2.57 Billion CNY

Market Cap Rank

#13847 Global

#4146 in China

Share Price

CN¥6.53

Change (1 day)

-3.12%

52-Week Range

CN¥6.53 - CN¥10.70

All Time High

CN¥29.69