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. Read how much debt does Daqing Huake Co Ltd carry for a breakdown of total debt and financial obligations.
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. See 000985 total equity for net asset value and shareholders' equity analysis.
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 |
|---|---|---|
|
Rongsheng Petrochemical Co Ltd
SHE:002493 |
Chemicals | 0.13% |
|
Hoshine Silicon Ind Co Ltd
SHG:603260 |
Chemicals | 0.01% |
|
Youngy Co Ltd
SHE:002192 |
Chemicals | 7.04% |
|
Guizhou Chanhen Chemical Corp
SHE:002895 |
Chemicals | 4.76% |
|
Sinofibers Technology Co Ltd
SHE:300777 |
Chemicals | 21.94% |
|
Shaanxi Lighte Optoelectronics Material Co. Ltd. A
SHG:688150 |
Chemicals | 26.75% |
|
Hunan Boyun New Materials Co Ltd
SHE:002297 |
Chemicals | 1.91% |
|
Solvac S.A.
BR:SOLV |
Chemicals | 0.00% |
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