PetroChina Jinhong Energy Investment Co Ltd Asset Resilience Ratio
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. See operational self-sufficiency of PetroChina Jinhong Energy Investment Co to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of PetroChina Jinhong Energy Investment Co Ltd (1996–2019)
Asset resilience ratio of PetroChina Jinhong Energy Investment Co Ltd from 1996 to 2019. This chart shows how PetroChina Jinhong Energy Investment Co Ltd's Asset Resilience Ratio has changed over time. Read PetroChina Jinhong Energy Investment Co (000669) financial obligations for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see 000669 asset base.
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 |
|---|---|---|
|
Advanced Fiber Resources Zhuhai Ltd
SHE:300620 |
Communication Equipment | 2.77% |
|
U Blox Holding AG
SW:UBXN |
Communication Equipment | 25.55% |
|
Shenzhen SDG Information Co Ltd
SHE:000070 |
Communication Equipment | 1.90% |
|
Bus Online Co Ltd
SHE:002188 |
Communication Equipment | 21.46% |
|
Gamma Nu Inc
KQ:192410 |
Communication Equipment | 5.33% |
|
Digital Multimedia Technology Co.Ltd
KQ:134580 |
Communication Equipment | 7.04% |
|
Elsight Ltd
AU:ELS |
Communication Equipment | 0.52% |
|
Mayfield Group Holdings Ltd
AU:MYG |
Communication Equipment | 0.26% |
PetroChina Jinhong Energy Investment Co Ltd Asset Resilience Ratio by Year (1996–2019)
PetroChina Jinhong Energy Investment Co Ltd asset resilience ratio by year from 1996 to 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 |
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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