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.
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. Check Henan Hengxing Science & Technology Co L strategic capital allocation to assess the company's strategic physical and investment asset allocation.
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. For market capitalisation and broader financial context, see Henan Hengxing Science & Technology Co L market capitalisation.
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 |
|---|---|---|
|
Inner Mongolia Dazhong Mining Co Ltd
SHE:001203 |
Steel | 0.00% |
|
Beijing Shougang Co Ltd
SHE:000959 |
Steel | 0.03% |
|
Sims Ltd
AU:SGM |
Steel | 0.50% |
|
Yongxing Special Stainless Steel Co Ltd
SHE:002756 |
Steel | 25.98% |
|
Jiangsu Toland Alloy Co Ltd
SHE:300855 |
Steel | 1.05% |
|
Gerdau SA ADR
NYSE:GGB |
Steel | 0.39% |
|
NMDC Steel Limited
NSE:NSLNISP |
Steel | 2.97% |
|
Feng Hsin Steel Co Ltd
TW:2015 |
Steel | 0.94% |
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