Sinopec Oilfield Equipment Corp - Asset Resilience Ratio

Latest as of December 2023: -0.92%

Sinopec Oilfield Equipment Corp (000852) has an Asset Resilience Ratio of -0.92% as of December 2023. 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 how strategically is Sinopec Oilfield Equipment Corp's equity deployed to assess the company's strategic physical and investment asset allocation.

Liquid Assets

CN¥-92.63 Million
≈ $-13.56 Million USD Cash + Short-term Investments

Total Assets

CN¥10.04 Billion
≈ $1.47 Billion USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (1997–2000)

This chart shows how Sinopec Oilfield Equipment Corp's Asset Resilience Ratio has changed over time. See 000852 net asset quality score to measure how much of total assets are equity-financed.

Liquid Assets Composition Over Time

This chart breaks down Sinopec Oilfield Equipment Corp'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 Sinopec Oilfield Equipment Corp market cap and net worth.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥-92.63 Million -0.92%
Total Liquid Assets CN¥-92.63 Million -0.92%

Asset Resilience Insights

  • Limited Liquidity: Sinopec Oilfield Equipment Corp maintains only -0.92% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company primarily holds liquidity in cash and equivalents rather than short-term investments.

Sinopec Oilfield Equipment Corp Industry Peers by Asset Resilience Ratio

Compare Sinopec Oilfield Equipment Corp's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
TechnipFMC PLC
F:1T1
Oil & Gas Equipment & Services 0.08%
NOV Inc.
NYSE:NOV
Oil & Gas Equipment & Services 13.75%
Aker Solutions ASA
OL:AKSO
Oil & Gas Equipment & Services 4.86%
Calfrac Well Services Ltd.
TO:CFW
Oil & Gas Equipment & Services 0.64%
PBG SA
WAR:PBG
Oil & Gas Equipment & Services 0.00%
OSX Brasil S.A
SA:OSXB3
Oil & Gas Equipment & Services 1.35%
Ratu Prabu Energi Tbk
JK:ARTI
Oil & Gas Equipment & Services 0.00%
Worley Ltd
AU:WOR
Oil & Gas Equipment & Services -1.28%

Annual Asset Resilience Ratio for Sinopec Oilfield Equipment Corp (1997–2000)

The table below shows the annual Asset Resilience Ratio data for Sinopec Oilfield Equipment Corp.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2000-12-31 10.44% CN¥91.27 Million
≈ $13.36 Million
CN¥874.55 Million
≈ $127.97 Million
+7.59pp
1999-12-31 2.84% CN¥23.52 Million
≈ $3.44 Million
CN¥826.90 Million
≈ $121.00 Million
+2.80pp
1997-12-31 0.05% CN¥220.00K
≈ $32.19K
CN¥480.91 Million
≈ $70.37 Million
--
pp = percentage points

About Sinopec Oilfield Equipment Corp

SHE:000852 China Oil & Gas Equipment & Services
Market Cap
$800.16 Million
CN¥5.47 Billion CNY
Market Cap Rank
#10102 Global
#2727 in China
Share Price
CN¥5.72
Change (1 day)
+1.06%
52-Week Range
CN¥5.50 - CN¥9.34
All Time High
CN¥15.19
About

Sinopec Oilfield Equipment Corporation engages in the research, development, manufacture, and service of oil and gas equipment in China and internationally. It provides drilling rigs, cementing units, fracturing units, workover equipment, coiled tubing units, snubbing units, drill bits and tools, downhole tools, steel pipes, natural gas compressors, oil field environmental protection equipment, f… Read more