Shanghai Pret Composites - Asset Resilience Ratio
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. Read total liabilities of Shanghai Pret Composites for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2020–2023)
This chart shows how Shanghai Pret Composites's Asset Resilience Ratio has changed over time. See 002324 book value for net asset value and shareholders' equity analysis.
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 |
|---|---|---|
|
Rongsheng Petrochemical Co Ltd
SHE:002493 |
Chemicals | 0.13% |
|
Hoshine Silicon Ind Co Ltd
SHG:603260 |
Chemicals | 0.01% |
|
Youngy Co Ltd
SHE:002192 |
Chemicals | 7.04% |
|
Guizhou Chanhen Chemical Corp
SHE:002895 |
Chemicals | 4.76% |
|
Sinofibers Technology Co Ltd
SHE:300777 |
Chemicals | 21.94% |
|
Shaanxi Lighte Optoelectronics Material Co. Ltd. A
SHG:688150 |
Chemicals | 26.75% |
|
Hunan Boyun New Materials Co Ltd
SHE:002297 |
Chemicals | 1.91% |
|
Solvac S.A.
BR:SOLV |
Chemicals | 0.00% |
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 |
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About Shanghai Pret Composites
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