Daqing Huake Co Ltd - Asset Resilience Ratio

Latest as of March 2024: -0.91%

Daqing Huake Co Ltd (000985) has an Asset Resilience Ratio of -0.91% as of March 2024. 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 asset allocation strategy of Daqing Huake Co Ltd to assess the company's strategic physical and investment asset allocation.

Liquid Assets

CN¥-6.36 Million

≈ $-930.92K USD Cash + Short-term Investments

Total Assets

CN¥697.68 Million

≈ $102.09 Million USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio Trend (2014–2018)

This chart shows how Daqing Huake Co Ltd's Asset Resilience Ratio has changed over time. See how leveraged is Daqing Huake Co Ltd's balance sheet to measure how much of total assets are equity-financed.

Liquid Assets Composition Over Time

This chart breaks down Daqing Huake Co Ltd'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 Daqing Huake Co Ltd stock valuation.

Current Liquid Assets Breakdown

Component	Amount	% of Total Assets
Cash & Equivalents	CN¥0.00	0%
Short-term Investments	CN¥-6.36 Million	-0.91%
Total Liquid Assets	CN¥-6.36 Million	-0.91%

Asset Resilience Insights

Limited Liquidity: Daqing Huake Co Ltd maintains only -0.91% 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.

Daqing Huake Co Ltd Industry Peers by Asset Resilience Ratio

Compare Daqing Huake Co Ltd's asset resilience ratio with other companies in the same industry.

Company	Industry	Asset Resilience Ratio
Jiangxi Ganfeng Lithium Co Ltd SHE:002460	Chemicals	0.01%
Zhejiang Sanmei Chemical Industry Co Ltd SHG:603379	Chemicals	9.41%
Sichuan Hebang Biotechnology Co Ltd SHG:603077	Chemicals	0.28%
GRIPM Advanced Materials Co. Ltd. A SHG:688456	Chemicals	1.84%
Inner Mongolia Lantai Industrial Co Ltd SHG:600328	Chemicals	1.76%
Jiangsu Hengxing New Material SHG:603276	Chemicals	23.30%
Shaanxi Heimao Coking Co Ltd SHG:601015	Chemicals	0.10%
Nanjing Cosmos Chemical Co Ltd SHE:300856	Chemicals	11.08%

Annual Asset Resilience Ratio for Daqing Huake Co Ltd (2014–2018)

The table below shows the annual Asset Resilience Ratio data for Daqing Huake Co Ltd.

Year	Asset Resilience Ratio (%)	Liquid Assets	Total Assets	Change
2018-12-31	0.02%	CN¥135.96K ≈ $19.90K	CN¥692.51 Million ≈ $101.34 Million	+0.00pp
2017-12-31	0.02%	CN¥121.50K ≈ $17.78K	CN¥700.55 Million ≈ $102.51 Million	+0.02pp
2015-12-31	0.00%	CN¥9.00K ≈ $1.32K	CN¥607.48 Million ≈ $88.89 Million	0.00pp
2014-12-31	0.00%	CN¥15.00K ≈ $2.19K	CN¥635.08 Million ≈ $92.93 Million	--

pp = percentage points

About Daqing Huake Co Ltd

SHE:000985 China Chemicals

Market Cap

$294.23 Million

CN¥2.01 Billion CNY

Market Cap Rank

#15029 Global

#4452 in China

Share Price

CN¥15.51

Change (1 day)

-2.82%

52-Week Range

CN¥15.51 - CN¥24.70

All Time High

CN¥35.05