Letong Chemical Co Ltd Asset Resilience Ratio
Letong Chemical Co Ltd asset resilience ratio. Letong Chemical Co Ltd (002319) has an Asset Resilience Ratio of 0.07% as of September 2023. 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 Letong Chemical Co Ltd (002319) 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 Letong Chemical Co Ltd (2022–2022)
Asset resilience ratio of Letong Chemical Co Ltd from 2022 to 2022. This chart shows how Letong Chemical Co Ltd's Asset Resilience Ratio has changed over time. Read total liabilities of Letong Chemical Co Ltd for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Letong Chemical 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 how large is Letong Chemical Co Ltd's balance sheet.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥420.00K | 0.07% |
| Total Liquid Assets | CN¥420.00K | 0.07% |
Asset Resilience Insights
- Limited Liquidity: Letong Chemical Co Ltd maintains only 0.07% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company has significant short-term investments, indicating active treasury management.
Letong Chemical Co Ltd Industry Peers by Asset Resilience Ratio
Compare Letong Chemical Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Akzo Nobel NV
AS:AKZA |
Specialty Chemicals | 2.16% |
|
MITSU.CH.GRP ADR/5
F:M3C0 |
Specialty Chemicals | 1.61% |
|
LB Group Co Ltd
SHE:002601 |
Specialty Chemicals | 4.81% |
|
Hubei Feilihua Quartz Glass Co Ltd
SHE:300395 |
Specialty Chemicals | 6.18% |
|
Beijing Oriental Yuhong Waterproof Technology Co Ltd
SHE:002271 |
Specialty Chemicals | 1.24% |
|
Luxi Chemical Group Co Ltd
SHE:000830 |
Specialty Chemicals | 0.43% |
|
5N Plus Inc.
TO:VNP |
Specialty Chemicals | 12.56% |
|
Zhejiang Runtu Co Ltd
SHE:002440 |
Specialty Chemicals | 3.05% |
Letong Chemical Co Ltd Asset Resilience Ratio by Year (2022–2022)
Letong Chemical Co Ltd asset resilience ratio by year from 2022 to 2022. The table below shows the annual Asset Resilience Ratio data for Letong Chemical Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2022-12-31 | 0.07% | CN¥420.00K ≈ $61.46K |
CN¥634.09 Million ≈ $92.79 Million |
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About Letong Chemical Co Ltd
Letong Chemical Co.,LTD produces and sells chemical raw materials and chemical products in China and internationally. It operates through three segments: Ink Business, Internet Advertising Marketing, and Other. The company offers various inks, coatings, and related ancillary products; and Internet advertising design, production, agency, placement, and technical promotion services. It also engages… Read more