Henan Hengxing Science & Technology Co Ltd - Asset Resilience Ratio

Latest as of March 2024: -0.33%

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

CN¥-27.72 Million
≈ $-4.06 Million USD Cash + Short-term Investments

Total Assets

CN¥8.52 Billion
≈ $1.25 Billion USD All company assets

Resilience Assessment

Low
Financial Resilience Level

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
--
pp = percentage points

About Henan Hengxing Science & Technology Co Ltd

SHE:002132 China Steel
Market Cap
$847.02 Million
CN¥5.79 Billion CNY
Market Cap Rank
#9473 Global
#2303 in China
Share Price
CN¥4.13
Change (1 day)
+0.73%
52-Week Range
CN¥3.35 - CN¥6.25
All Time High
CN¥7.83
About

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