Shanxi Tond Chemical Co Ltd Asset Resilience Ratio

Latest as of September 2024: 0.26%

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. See defensive interval ratio of Shanxi Tond Chemical Co Ltd to measure how many days the company can operate on defensive assets alone.

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 of Shanxi Tond Chemical Co Ltd (2018–2023)

Asset resilience ratio of Shanxi Tond Chemical Co Ltd from 2018 to 2023. This chart shows how Shanxi Tond Chemical Co Ltd's Asset Resilience Ratio has changed over time. Read debt load of Shanxi Tond Chemical Co Ltd for a breakdown of total debt and financial obligations.

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 the complete balance sheet picture, see Shanxi Tond Chemical Co Ltd assets under control.

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 NV AS:AKZA	Specialty Chemicals	2.16%
MITSU.CH.GRP ADR/5 F:M3C0	Specialty Chemicals	1.61%
LB Group Co Ltd SHE:002601	Specialty Chemicals	4.81%
Hubei Feilihua Quartz Glass Co Ltd SHE:300395	Specialty Chemicals	6.18%
Beijing Oriental Yuhong Waterproof Technology Co Ltd SHE:002271	Specialty Chemicals	1.24%
Luxi Chemical Group Co Ltd SHE:000830	Specialty Chemicals	0.43%
5N Plus Inc. TO:VNP	Specialty Chemicals	12.56%
Zhejiang Runtu Co Ltd SHE:002440	Specialty Chemicals	3.05%

Shanxi Tond Chemical Co Ltd Asset Resilience Ratio by Year (2018–2023)

Shanxi Tond Chemical Co Ltd asset resilience ratio by year from 2018 to 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

$249.28 Million

CN¥1.70 Billion CNY

Market Cap Rank

#15459 Global

#4515 in China

Share Price

CN¥4.24

Change (1 day)

+0.95%

52-Week Range

CN¥4.10 - CN¥6.92

All Time High

CN¥12.78