Daqing Huake Co Ltd - Asset Resilience Ratio
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. See 000985 current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2014–2018)
This chart shows how Daqing Huake Co Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Daqing Huake Co Ltd balance sheet assets.
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. Explore Daqing Huake Co Ltd (000985) long-term investment share 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¥-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 |
|---|---|---|
|
Shenzhen Senior Technology Material Co Ltd
SHE:300568 |
Chemicals | 0.92% |
|
Shaanxi Lighte Optoelectronics Material Co. Ltd. A
SHG:688150 |
Chemicals | 20.97% |
|
Guangzhou Lingwe Technology Co. Ltd. A
SHE:301373 |
Chemicals | 4.34% |
|
Guangdong Rongtai Industry Co Ltd
SHG:600589 |
Chemicals | 0.00% |
|
Darbond Technology Co. Ltd. A
SHG:688035 |
Chemicals | 11.22% |
|
Jingsu Jingshen Salt&Chem
SHG:603299 |
Chemicals | 2.88% |
|
GRIPM Advanced Materials Co. Ltd. A
SHG:688456 |
Chemicals | 0.15% |
|
Shandong Kaisheng New Materials Co.Ltd.
SHE:301069 |
Chemicals | 20.69% |
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 |
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About Daqing Huake Co Ltd
Daqing Huake Company Limited develops, produces, and sells petrochemicals and fine chemicals in China. The company offers chemical products, including heavy aromatics, crude isopentene, crude isoprene, industrial acetonitrile, industrial dicyclopentadiene, light aromatics, pyrolysis heavy fraction, crude pentadiene, hydropentene, hot poly hydrocarbon resins, and liquid phase bulk polypropylene po… Read more