Shanghai Pret Composites - Asset Resilience Ratio

Latest as of September 2024: 0.27%

Shanghai Pret Composites (002324) has an Asset Resilience Ratio of 0.27% as of September 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¥31.50 Million
≈ $4.61 Million USD Cash + Short-term Investments

Total Assets

CN¥11.62 Billion
≈ $1.70 Billion USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2020–2023)

This chart shows how Shanghai Pret Composites's Asset Resilience Ratio has changed over time. Check Shanghai Pret Composites PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.

Liquid Assets Composition Over Time

This chart breaks down Shanghai Pret Composites'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 Shanghai Pret Composites (002324) total market value.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥31.50 Million 0.27%
Total Liquid Assets CN¥31.50 Million 0.27%

Asset Resilience Insights

  • Limited Liquidity: Shanghai Pret Composites maintains only 0.27% 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.

Shanghai Pret Composites Industry Peers by Asset Resilience Ratio

Compare Shanghai Pret Composites's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Suzhou Hesheng Special Material Co Ltd
SHE:002290
Chemicals 0.43%
Shanghai Chlor-Alkali Chemical Co Ltd A
SHG:600618
Chemicals 0.02%
Hubei Jianghan New Materials Co. Ltd. A
SHG:603281
Chemicals 0.57%
Quechen Silicon Chemical Co. Ltd.
SHG:605183
Chemicals 0.00%
Keshun Waterproof Technologies Co Ltd Class A
SHE:300737
Chemicals 3.20%
GuangDong Leary New Material Technology Co. Ltd. A
SHG:688683
Chemicals 2.46%
Sino-High (China) Co. Ltd.
SHE:301076
Chemicals 41.71%
Zhejiang Jianye Chemical Co Ltd
SHG:603948
Chemicals 20.27%

Annual Asset Resilience Ratio for Shanghai Pret Composites (2020–2023)

The table below shows the annual Asset Resilience Ratio data for Shanghai Pret Composites.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 0.26% CN¥31.50 Million
≈ $4.61 Million
CN¥11.91 Billion
≈ $1.74 Billion
-0.10pp
2022-12-31 0.37% CN¥31.50 Million
≈ $4.61 Million
CN¥8.61 Billion
≈ $1.26 Billion
-1.83pp
2021-12-31 2.20% CN¥101.50 Million
≈ $14.85 Million
CN¥4.62 Billion
≈ $675.65 Million
+1.48pp
2020-12-31 0.71% CN¥31.50 Million
≈ $4.61 Million
CN¥4.41 Billion
≈ $645.25 Million
--
pp = percentage points

About Shanghai Pret Composites

SHE:002324 China Chemicals
Market Cap
$1.50 Billion
CN¥10.28 Billion CNY
Market Cap Rank
#7117 Global
#1485 in China
Share Price
CN¥9.24
Change (1 day)
+1.54%
52-Week Range
CN¥8.25 - CN¥23.90
All Time High
CN¥23.90
About

Shanghai Pret Composites Co., Ltd. engages in the research and development, production, sale, and service of polymer and composite materials in China. It offers modified polyolefin materials use in automotive parts, electronic appliances, aerospace, two-wheeled vehicles, power and energy storage systems, low-altitude flight, robotics, and other fields; and LCP resin, LCP composites, LCP film, and… Read more