Sinopec Oilfield Equipment Corp - Asset Resilience Ratio
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
Total Assets
Resilience Assessment
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 |
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About Sinopec Oilfield Equipment Corp
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