PetroChina Jinhong Energy Investment Co Ltd - Asset Resilience Ratio
PetroChina Jinhong Energy Investment Co Ltd (000669) has an Asset Resilience Ratio of 0.05% as of September 2020. 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 000669 strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (1996–2019)
This chart shows how PetroChina Jinhong Energy Investment Co Ltd's Asset Resilience Ratio has changed over time. See PetroChina Jinhong Energy Investment Co balance sheet independence to measure how much of total assets are equity-financed.
Liquid Assets Composition Over Time
This chart breaks down PetroChina Jinhong Energy Investment 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 market cap of PetroChina Jinhong Energy Investment Co .
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥3.70 Million | 0.05% |
| Total Liquid Assets | CN¥3.70 Million | 0.05% |
Asset Resilience Insights
- Limited Liquidity: PetroChina Jinhong Energy Investment Co Ltd maintains only 0.05% 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.
PetroChina Jinhong Energy Investment Co Ltd Industry Peers by Asset Resilience Ratio
Compare PetroChina Jinhong Energy Investment Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Linktel Technologies Co. Ltd. A
SHE:301205 |
Communication Equipment | 3.27% |
|
Guangzhou Haige Communications Group Incorporated Co
SHE:002465 |
Communication Equipment | 5.49% |
|
Tongyu Communication Inc
SHE:002792 |
Communication Equipment | 29.99% |
|
Quectel Wireless Solutions Co Ltd
SHG:603236 |
Communication Equipment | 0.39% |
|
Fibocom Wireless Inc
SHE:300638 |
Communication Equipment | 3.61% |
|
Cetc Potevio Science&Technology Co Ltd
SHE:002544 |
Communication Equipment | 0.11% |
|
Shenzhen Neoway Technology Co Ltd
SHG:688159 |
Communication Equipment | 0.00% |
|
Surfilter Network Technology Co Ltd
SHE:300311 |
Communication Equipment | 12.46% |
Annual Asset Resilience Ratio for PetroChina Jinhong Energy Investment Co Ltd (1996–2019)
The table below shows the annual Asset Resilience Ratio data for PetroChina Jinhong Energy Investment Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2019-12-31 | 0.36% | CN¥33.00 Million ≈ $4.83 Million |
CN¥9.23 Billion ≈ $1.35 Billion |
+0.30pp |
| 2017-12-31 | 0.06% | CN¥8.00 Million ≈ $1.17 Million |
CN¥13.30 Billion ≈ $1.95 Billion |
+0.01pp |
| 2016-12-31 | 0.05% | CN¥5.50 Million ≈ $804.82K |
CN¥12.16 Billion ≈ $1.78 Billion |
-0.04pp |
| 2015-12-31 | 0.08% | CN¥7.50 Million ≈ $1.10 Million |
CN¥9.20 Billion ≈ $1.35 Billion |
-3.31pp |
| 1996-12-31 | 3.39% | CN¥20.00 Million ≈ $2.93 Million |
CN¥589.98 Million ≈ $86.33 Million |
-- |
About PetroChina Jinhong Energy Investment Co Ltd
Jinhong Holding Group Co., Ltd. constructs and manages long-distance natural gas pipeline networks. The company offers liquefied natural gas and petroleum gas. It also engages in development and transportation of gas source; operation and sale of city gas; investment and operation of vehicle gas stations; supply and distribution of LNG point; and development and construction of energy projects, a… Read more