Henan Hengxing Science & Technology Co Ltd - Asset Resilience Ratio
Henan Hengxing Science & Technology Co Ltd (002132) has an Asset Resilience Ratio of -0.33% 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 Henan Hengxing Science & Technology Co L current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2004–2019)
This chart shows how Henan Hengxing Science & Technology Co Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see balance sheet size of Henan Hengxing Science & Technology Co L.
Liquid Assets Composition Over Time
This chart breaks down Henan Hengxing Science & Technology Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore 002132 long-term investment intensity 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¥-27.72 Million | -0.33% |
| Total Liquid Assets | CN¥-27.72 Million | -0.33% |
Asset Resilience Insights
- Limited Liquidity: Henan Hengxing Science & Technology Co Ltd maintains only -0.33% 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.
Henan Hengxing Science & Technology Co Ltd Industry Peers by Asset Resilience Ratio
Compare Henan Hengxing Science & Technology Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Jindal Steel & Power Limited
NSE:JINDALSTEL |
Steel | 2.16% |
|
Inner Mongolia Dazhong Mining Co Ltd
SHE:001203 |
Steel | 0.00% |
|
Hang Zhou Iron & Steel Co Ltd
SHG:600126 |
Steel | 2.38% |
|
Champion Iron Ltd
TO:CIA |
Steel | 0.00% |
|
Xinjiang Ba Yi Iron & Steel Co Ltd
SHG:600581 |
Steel | 0.00% |
|
Invercap
SN:INVERCAP |
Steel | 0.00% |
|
Ratnaveer Precision Engineering Ltd
NSE:RATNAVEER |
Steel | 2.53% |
|
KISCO Corp
KO:104700 |
Steel | 43.80% |
Annual Asset Resilience Ratio for Henan Hengxing Science & Technology Co Ltd (2004–2019)
The table below shows the annual Asset Resilience Ratio data for Henan Hengxing Science & Technology Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2019-12-31 | 0.84% | CN¥40.11 Million ≈ $5.87 Million |
CN¥4.80 Billion ≈ $702.33 Million |
-4.81pp |
| 2018-12-31 | 5.65% | CN¥310.00 Million ≈ $45.36 Million |
CN¥5.49 Billion ≈ $803.15 Million |
-4.91pp |
| 2017-12-31 | 10.56% | CN¥680.00 Million ≈ $99.51 Million |
CN¥6.44 Billion ≈ $942.58 Million |
-10.48pp |
| 2016-12-31 | 21.03% | CN¥900.00 Million ≈ $131.70 Million |
CN¥4.28 Billion ≈ $626.18 Million |
+20.99pp |
| 2008-12-31 | 0.04% | CN¥572.52K ≈ $83.78K |
CN¥1.32 Billion ≈ $193.04 Million |
+0.04pp |
| 2006-12-31 | 0.00% | CN¥2.47K ≈ $361.22 |
CN¥570.89 Million ≈ $83.54 Million |
-0.38pp |
| 2005-12-31 | 0.38% | CN¥2.04 Million ≈ $298.57K |
CN¥536.14 Million ≈ $78.45 Million |
-0.05pp |
| 2004-12-31 | 0.43% | CN¥1.87 Million ≈ $272.94K |
CN¥432.25 Million ≈ $63.25 Million |
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About Henan Hengxing Science & Technology Co Ltd
Henan Hengxing Science & Technology Co.,Ltd. manufactures and sells metal and chemical products in China. The company produces galvanized steel wires, including ACSR core wire, galvanized steel strand, stay wire and earth wires, and guy wire, as well as PC strand; brass coated steel wire, steel cord for radial tire, diamond wire, and sawing wire for solar wafer cutting that are used in automobil… Read more