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. 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

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. 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
--
pp = percentage points

About Sinopec Oilfield Equipment Corp

SHE:000852 China Oil & Gas Equipment & Services
Market Cap
$763.63 Million
CN¥5.22 Billion CNY
Market Cap Rank
#10207 Global
#2718 in China
Share Price
CN¥5.46
Change (1 day)
+0.92%
52-Week Range
CN¥4.87 - 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 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