Shanxi Tond Chemical Co Ltd - Asset Resilience Ratio

Latest as of September 2024: 0.26%

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

CN¥11.84 Million

≈ $1.73 Million USD Cash + Short-term Investments

Total Assets

CN¥4.60 Billion

≈ $673.43 Million USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio Trend (2018–2023)

This chart shows how Shanxi Tond Chemical Co Ltd's Asset Resilience Ratio has changed over time. Check how strategically is Shanxi Tond Chemical Co Ltd's equity deployed to assess the company's strategic physical and investment asset allocation.

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. For market capitalisation and broader financial context, see 002360 market cap overview.

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
Cngr Advanced Material Co Ltd SHE:300919	Specialty Chemicals	0.52%
Luxi Chemical Group Co Ltd SHE:000830	Specialty Chemicals	0.43%
Guangdong HongDa Blasting Co Ltd SHE:002683	Specialty Chemicals	1.05%
Lily Group Co Ltd SHG:603823	Specialty Chemicals	0.37%
Lianhe Chemical Technology Co Ltd SHE:002250	Specialty Chemicals	0.44%
Shandong Link Science and Technology Co Ltd SHE:001207	Specialty Chemicals	18.99%
Shenzhen WOTE Advanced Materials Co Ltd SHE:002886	Specialty Chemicals	3.77%
New East New Materials Co Ltd SHG:603110	Specialty Chemicals	6.08%

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 ≈ $2.47 Million	CN¥3.90 Billion ≈ $570.94 Million	-1.94pp
2022-12-31	2.37%	CN¥71.27 Million ≈ $10.43 Million	CN¥3.00 Billion ≈ $439.21 Million	-0.98pp
2021-12-31	3.35%	CN¥71.50 Million ≈ $10.46 Million	CN¥2.13 Billion ≈ $311.85 Million	-1.02pp
2020-12-31	4.38%	CN¥75.89 Million ≈ $11.10 Million	CN¥1.73 Billion ≈ $253.81 Million	-0.36pp
2019-12-31	4.74%	CN¥70.94 Million ≈ $10.38 Million	CN¥1.50 Billion ≈ $219.09 Million	+1.69pp
2018-12-31	3.05%	CN¥40.05 Million ≈ $5.86 Million	CN¥1.31 Billion ≈ $192.00 Million	--

pp = percentage points

About Shanxi Tond Chemical Co Ltd

SHE:002360 China Specialty Chemicals

Market Cap

$298.66 Million

CN¥2.04 Billion CNY

Market Cap Rank

#14798 Global

#4369 in China

Share Price

CN¥5.08

Change (1 day)

+4.96%

52-Week Range

CN¥4.48 - CN¥6.92

All Time High

CN¥12.78