Zibo Qixiang Tengda Chemical Co Ltd

SHE:002408 China Specialty Chemicals
Market Cap
$2.28 Billion
CN¥16.74 Billion CNY
Market Cap Rank
#7790 Global
#1380 in China
Share Price
CN¥5.89
Change (1 day)
-3.92%
52-Week Range
CN¥4.36 - CN¥6.38
All Time High
CN¥13.63
About

Zibo Qixiang Tengda Chemical Co., Ltd engages in the chemical manufacturing sector in China and internationally. The company offers methyl ethyl ketone, cis-ethanol, propylene, rubber, butadiene, methyl methacrylate, butadiene latex, tert-butyl alcohol, isooctane, MTBE, propylene oxide, acrylic acid, various catalysts for petroleum and chemical industries, etc. It is also involved in the supply c… Read more

Zibo Qixiang Tengda Chemical Co Ltd - Asset Resilience Ratio

Latest as of September 2025: 0.11%

Zibo Qixiang Tengda Chemical Co Ltd (002408) has an Asset Resilience Ratio of 0.11% as of September 2025. 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¥26.10 Million
Cash + Short-term Investments
Total Assets
CN¥24.74 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2014–2024)

This chart shows how Zibo Qixiang Tengda 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 Zibo Qixiang Tengda 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¥26.10 Million 0.11%
Total Liquid Assets CN¥26.10 Million 0.11%

Asset Resilience Insights

  • Limited Liquidity: Zibo Qixiang Tengda Chemical Co Ltd maintains only 0.11% 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.

Zibo Qixiang Tengda Chemical Co Ltd Industry Peers by Asset Resilience Ratio

Compare Zibo Qixiang Tengda 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 Zibo Qixiang Tengda Chemical Co Ltd (2014–2024)

The table below shows the annual Asset Resilience Ratio data for Zibo Qixiang Tengda Chemical Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-12-31 0.01% CN¥3.70 Million CN¥25.36 Billion +0.01pp
2023-12-31 0.01% CN¥1.80 Million CN¥26.78 Billion 0.00pp
2022-12-31 0.01% CN¥2.03 Million CN¥29.00 Billion 0.00pp
2021-12-31 0.01% CN¥2.83 Million CN¥26.07 Billion -5.39pp
2020-12-31 5.40% CN¥1.11 Billion CN¥20.64 Billion +4.36pp
2019-12-31 1.04% CN¥146.48 Million CN¥14.13 Billion +1.02pp
2018-12-31 0.02% CN¥1.83 Million CN¥11.52 Billion -0.21pp
2017-12-31 0.22% CN¥21.34 Million CN¥9.65 Billion +0.17pp
2016-12-31 0.05% CN¥4.27 Million CN¥8.55 Billion -1.25pp
2015-12-31 1.30% CN¥104.84 Million CN¥8.05 Billion -2.52pp
2014-12-31 3.82% CN¥250.00 Million CN¥6.54 Billion --
pp = percentage points