Chongyi Zhangyuan Tungsten Co Ltd

SHE:002378 China Other Industrial Metals & Mining
Market Cap
$5.91 Billion
CN¥43.37 Billion CNY
Market Cap Rank
#4461 Global
#456 in China
Share Price
CN¥36.10
Change (1 day)
-1.53%
52-Week Range
CN¥6.22 - CN¥44.98
All Time High
CN¥44.98
About

Chongyi Zhangyuan Tungsten Co., Ltd. engages in the exploration, mining, smelting, milling, deep processing, and trade of tungsten and other metal mineral products in China and internationally. The company produces and sells ammonium paratungstate, tungsten oxide, tungsten powder, and tungsten carbide powder, as well as cemented carbide products, including ball teeth, blades, cold molds, drill bi… Read more

Chongyi Zhangyuan Tungsten Co Ltd - Asset Resilience Ratio

Latest as of December 2022: 0.08%

Chongyi Zhangyuan Tungsten Co Ltd (002378) has an Asset Resilience Ratio of 0.08% as of December 2022. 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¥3.73 Million
Cash + Short-term Investments
Total Assets
CN¥4.79 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2006–2022)

This chart shows how Chongyi Zhangyuan Tungsten 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 Chongyi Zhangyuan Tungsten 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¥3.73 Million 0.08%
Total Liquid Assets CN¥3.73 Million 0.08%

Asset Resilience Insights

  • Limited Liquidity: Chongyi Zhangyuan Tungsten Co Ltd maintains only 0.08% 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.

Chongyi Zhangyuan Tungsten Co Ltd Industry Peers by Asset Resilience Ratio

Compare Chongyi Zhangyuan Tungsten Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Galileo Resources Plc
LSE:GLR
Other Industrial Metals & Mining 0.13%
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
Other Industrial Metals & Mining 1.58%
Shengda Mining Co Ltd
SHE:000603
Other Industrial Metals & Mining 4.86%
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
Other Industrial Metals & Mining 20.53%
China Tungsten and Hightech Materials Co Ltd
SHE:000657
Other Industrial Metals & Mining 0.00%
Guocheng Mining Co Ltd
SHE:000688
Other Industrial Metals & Mining 2.99%
China Nonferrous Metal Industry’s Foreign Engineering and Construction Co Ltd
SHE:000758
Other Industrial Metals & Mining 1.13%
Huludao Zinc Industry Co Ltd
SHE:000751
Other Industrial Metals & Mining 0.01%

Annual Asset Resilience Ratio for Chongyi Zhangyuan Tungsten Co Ltd (2006–2022)

The table below shows the annual Asset Resilience Ratio data for Chongyi Zhangyuan Tungsten Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2022-12-31 0.08% CN¥3.73 Million CN¥4.79 Billion -0.56pp
2019-12-31 0.64% CN¥23.56 Million CN¥3.69 Billion +0.31pp
2016-12-31 0.33% CN¥10.89 Million CN¥3.31 Billion -1.25pp
2014-12-31 1.58% CN¥50.00 Million CN¥3.17 Billion -1.21pp
2008-12-31 2.79% CN¥37.01 Million CN¥1.32 Billion +2.68pp
2006-12-31 0.11% CN¥1.00 Million CN¥872.95 Million --
pp = percentage points