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. Check Shanghai Pret Composites (002324) strategic investment index to assess the company's strategic physical and investment asset allocation.

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. See net asset quality index of Shanghai Pret Composites to measure how much of total assets are equity-financed.

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 stock valuation.

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
Jiangxi Ganfeng Lithium Co Ltd
SHE:002460
Chemicals 0.01%
Zhejiang Sanmei Chemical Industry Co Ltd
SHG:603379
Chemicals 9.41%
Sichuan Hebang Biotechnology Co Ltd
SHG:603077
Chemicals 0.28%
GRIPM Advanced Materials Co. Ltd. A
SHG:688456
Chemicals 1.84%
Inner Mongolia Lantai Industrial Co Ltd
SHG:600328
Chemicals 1.76%
Jiangsu Hengxing New Material
SHG:603276
Chemicals 23.30%
Shaanxi Heimao Coking Co Ltd
SHG:601015
Chemicals 0.10%
Nanjing Cosmos Chemical Co Ltd
SHE:300856
Chemicals 11.08%

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
$2.15 Billion
CN¥14.66 Billion CNY
Market Cap Rank
#6075 Global
#1266 in China
Share Price
CN¥13.18
Change (1 day)
+0.84%
52-Week Range
CN¥9.90 - 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