Henan Hengxing Science & Technology Co Ltd Asset Resilience Ratio
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 (002132) defensive interval to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Henan Hengxing Science & Technology Co Ltd (2004–2019)
Asset resilience ratio of Henan Hengxing Science & Technology Co Ltd from 2004 to 2019. This chart shows how Henan Hengxing Science & Technology Co Ltd's Asset Resilience Ratio has changed over time. Read 002132 total debt and obligations for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see total assets of Henan Hengxing Science & Technology Co L.
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% |
|
Ternium Argentina SA
BA:TXAR |
Steel | 12.25% |
|
Companhia Siderúrgica Nacional
MX:SIDN |
Steel | 0.91% |
|
NMDC Steel Limited
NSE:NSLNISP |
Steel | 2.95% |
|
Xinyu Iron & Steel Co Ltd
SHG:600782 |
Steel | 15.72% |
|
Zhejiang Huada New Materials Co Ltd
SHG:605158 |
Steel | 0.00% |
|
Sgis Songshan Co Ltd
SHE:000717 |
Steel | 4.93% |
|
Guizhou Wire Rope Co Ltd
SHG:600992 |
Steel | 11.87% |
Henan Hengxing Science & Technology Co Ltd Asset Resilience Ratio by Year (2004–2019)
Henan Hengxing Science & Technology Co Ltd asset resilience ratio by year from 2004 to 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