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.
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. Check 000852 strategic asset allocation to assess the company's strategic physical and investment asset allocation.
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 stock valuation.
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 |
|---|---|---|
|
Calfrac Well Services Ltd.
TO:CFW |
Oil & Gas Equipment & Services | 0.64% |
|
Jindal Drilling And Industries Limited
NSE:JINDRILL |
Oil & Gas Equipment & Services | 8.61% |
|
Pulse Seismic Inc
TO:PSD |
Oil & Gas Equipment & Services | 70.49% |
|
SD Standard Drilling PLC
OL:SDSD |
Oil & Gas Equipment & Services | 13.20% |
|
Prime Oil Chemical Service Corp
TW:2904 |
Oil & Gas Equipment & Services | 0.96% |
|
Electromagnetic Geoservices ASA
OL:EMGS |
Oil & Gas Equipment & Services | 29.52% |
|
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 |
-- |
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