Shandong Molong Petroleum Machinery Co Ltd - Asset Resilience Ratio
Shandong Molong Petroleum Machinery Co Ltd (002490) 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
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2008–2018)
This chart shows how Shandong Molong Petroleum Machinery Co Ltd's Asset Resilience Ratio has changed over time. Check how strategically is Shandong Molong Petroleum Machinery Co L's equity deployed to assess the company's strategic physical and investment asset allocation.
Liquid Assets Composition Over Time
This chart breaks down Shandong Molong Petroleum Machinery 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 market cap of Shandong Molong Petroleum Machinery Co L.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥3.03 Million | 0.08% |
| Total Liquid Assets | CN¥3.03 Million | 0.08% |
Asset Resilience Insights
- Limited Liquidity: Shandong Molong Petroleum Machinery 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.
Shandong Molong Petroleum Machinery Co Ltd Industry Peers by Asset Resilience Ratio
Compare Shandong Molong Petroleum Machinery Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Calfrac Well Services Ltd.
TO:CFW |
Oil & Gas Equipment & Services | 0.64% |
|
Jindal Drilling And Industries Limited
NSE:JINDRILL |
Oil & Gas Equipment & Services | 8.61% |
|
Pulse Seismic Inc
TO:PSD |
Oil & Gas Equipment & Services | 70.49% |
|
SD Standard Drilling PLC
OL:SDSD |
Oil & Gas Equipment & Services | 13.20% |
|
Prime Oil Chemical Service Corp
TW:2904 |
Oil & Gas Equipment & Services | 0.96% |
|
Electromagnetic Geoservices ASA
OL:EMGS |
Oil & Gas Equipment & Services | 29.52% |
|
OSX Brasil S.A
SA:OSXB3 |
Oil & Gas Equipment & Services | 1.35% |
|
Worley Ltd
AU:WOR |
Oil & Gas Equipment & Services | -1.28% |
Annual Asset Resilience Ratio for Shandong Molong Petroleum Machinery Co Ltd (2008–2018)
The table below shows the annual Asset Resilience Ratio data for Shandong Molong Petroleum Machinery Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2018-12-31 | 1.59% | CN¥104.90 Million ≈ $15.35 Million |
CN¥6.61 Billion ≈ $966.89 Million |
-- |
| 2016-12-31 | 0.00% | CN¥0.00 ≈ $0.00 |
CN¥5.77 Billion ≈ $844.63 Million |
-- |
| 2008-12-31 | 1.49% | CN¥49.65 Million ≈ $7.27 Million |
CN¥3.34 Billion ≈ $488.08 Million |
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About Shandong Molong Petroleum Machinery Co Ltd
Shandong Molong Petroleum Machinery Company Limited, together with its subsidiaries, engages in the design, research and development, production, and sale of products and services for the energy equipment industry in the People's Republic of China and internationally. It operates through Pipe Products; Oil sucker, sucker pump, sucker rod; Petroleum Machinery Parts; Casting and Forging; and Others… Read more