Daqing Huake Co Ltd Asset Resilience Ratio
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 operational self-sufficiency of Daqing Huake Co Ltd to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Daqing Huake Co Ltd (2014–2018)
Asset resilience ratio of Daqing Huake Co Ltd from 2014 to 2018. This chart shows how Daqing Huake Co Ltd's Asset Resilience Ratio has changed over time. Read Daqing Huake Co Ltd total liabilities for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see 000985 asset base.
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 |
|---|---|---|
|
S&D Co. Ltd.
KQ:260970 |
Chemicals | 19.57% |
|
Suzhou Nanomicro Technology Co Ltd
SHG:688690 |
Chemicals | 4.37% |
|
Zhejiang Yongtai Technology Co Ltd
SHE:002326 |
Chemicals | 0.00% |
|
Solvac S.A.
BR:SOLV |
Chemicals | 0.00% |
|
Shanghai Pret Composites
SHE:002324 |
Chemicals | 0.27% |
|
HeBei Jinniu Chemical Industry Co Ltd
SHG:600722 |
Chemicals | 27.64% |
|
Shandong Yanggu Huatai Chemical Co Ltd
SHE:300121 |
Chemicals | 3.06% |
|
Yunnan Yunwei Co Ltd Class A
SHG:600725 |
Chemicals | 5.66% |
Daqing Huake Co Ltd Asset Resilience Ratio by Year (2014–2018)
Daqing Huake Co Ltd asset resilience ratio by year from 2014 to 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