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. See working capital to net assets of Sinopec Oilfield Equipment Corp to evaluate short-term liquidity relative to the company's equity base.
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. For the complete balance sheet picture, see 000852 current and non-current assets.
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. Explore 000852 long-term asset investment ratio to see how much of total assets are deployed in long-term investments.
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 |
|---|---|---|
|
Exmar NV
BR:EXM |
Oil & Gas Equipment & Services | 0.15% |
|
Calfrac Well Services Ltd.
TO:CFW |
Oil & Gas Equipment & Services | 0.64% |
|
ProPetro Holding Corp
NYSE:PUMP |
Oil & Gas Equipment & Services | 0.00% |
|
Keyfield International Berhad
KLSE:5321 |
Oil & Gas Equipment & Services | 0.04% |
|
PBG SA
WAR:PBG |
Oil & Gas Equipment & Services | 0.00% |
|
S.D. STANDARD ETC DL-03
F:S1P |
Oil & Gas Equipment & Services | 35.30% |
|
OSX Brasil S.A
SA:OSXB3 |
Oil & Gas Equipment & Services | 1.35% |
|
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 operates through Petroleum Machinery and Equipment; Drill Bits and Drilling Tools; Oil and Gas Steel Pipes; Hydrogen Energy Equipment; and Other segments. The company provides drilling rigs, cementing units, fracturing units, workover equi… Read more