Shanxi Tond Chemical Co Ltd
Shanxi Tond Chemical Co., Ltd. engages in the research and development, production, and sale of civil explosives in China. The company offers on-site mixed blasting, porous granular ammonium nitrate, rock emulsion explosive, permitted emulsion explosives, powdered emulsion explosive, and rock powder emulsion explosive. It also provides new material products, such as 1,4-butanediol and polybutylen… Read more
Shanxi Tond Chemical Co Ltd - Asset Resilience Ratio
Shanxi Tond Chemical Co Ltd (002360) has an Asset Resilience Ratio of 0.26% 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
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2018–2023)
This chart shows how Shanxi Tond Chemical Co Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Shanxi Tond Chemical Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥11.84 Million | 0.26% |
| Total Liquid Assets | CN¥11.84 Million | 0.26% |
Asset Resilience Insights
- Limited Liquidity: Shanxi Tond Chemical Co Ltd maintains only 0.26% 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.
Shanxi Tond Chemical Co Ltd Industry Peers by Asset Resilience Ratio
Compare Shanxi Tond Chemical Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Akzo Nobel N.V
OTCQX:AKZOF |
Specialty Chemicals | 2.16% |
|
YeSUN Tech Co.Ltd.
KQ:250930 |
Specialty Chemicals | 2.89% |
|
Hangzhou Flariant Co Ltd
SHG:605566 |
Specialty Chemicals | 0.27% |
|
Samhwa Paint
KO:000390 |
Specialty Chemicals | 0.11% |
|
DL Holdings CO. LTD.
KO:000210 |
Specialty Chemicals | 0.30% |
|
Norooholdings
KO:000320 |
Specialty Chemicals | 6.58% |
|
Noroo Holdings Co Ltd
KO:000325 |
Specialty Chemicals | 6.58% |
|
Chongqing Sanxia Paints Co Ltd
SHE:000565 |
Specialty Chemicals | 45.03% |
Annual Asset Resilience Ratio for Shanxi Tond Chemical Co Ltd (2018–2023)
The table below shows the annual Asset Resilience Ratio data for Shanxi Tond Chemical Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 0.43% | CN¥16.85 Million | CN¥3.90 Billion | -1.94pp |
| 2022-12-31 | 2.37% | CN¥71.27 Million | CN¥3.00 Billion | -0.98pp |
| 2021-12-31 | 3.35% | CN¥71.50 Million | CN¥2.13 Billion | -1.02pp |
| 2020-12-31 | 4.38% | CN¥75.89 Million | CN¥1.73 Billion | -0.36pp |
| 2019-12-31 | 4.74% | CN¥70.94 Million | CN¥1.50 Billion | +1.69pp |
| 2018-12-31 | 3.05% | CN¥40.05 Million | CN¥1.31 Billion | -- |