Rongsheng Petrochemical Co Ltd - Asset Resilience Ratio
Rongsheng Petrochemical Co Ltd (002493) has an Asset Resilience Ratio of 0.13% 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
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2007–2023)
This chart shows how Rongsheng Petrochemical Co Ltd's Asset Resilience Ratio has changed over time. Check asset allocation strategy of Rongsheng Petrochemical Co Ltd to assess the company's strategic physical and investment asset allocation.
Liquid Assets Composition Over Time
This chart breaks down Rongsheng Petrochemical 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 002493 company net worth.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥520.79 Million | 0.13% |
| Total Liquid Assets | CN¥520.79 Million | 0.13% |
Asset Resilience Insights
- Limited Liquidity: Rongsheng Petrochemical Co Ltd maintains only 0.13% 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.
Rongsheng Petrochemical Co Ltd Industry Peers by Asset Resilience Ratio
Compare Rongsheng Petrochemical Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Jiangxi Ganfeng Lithium Co Ltd
SHE:002460 |
Chemicals | 0.01% |
|
Do-Fluoride Chemicals Co Ltd
SHE:002407 |
Chemicals | 0.79% |
|
Xinfengming Group Co Ltd
SHG:603225 |
Chemicals | 0.00% |
|
Kemira Oyj
HE:KEMIRA |
Chemicals | 7.73% |
|
Shenzhen Senior Technology Material Co Ltd
SHE:300568 |
Chemicals | 0.92% |
|
CNNC Hua Yuan Titanium Dioxide Co Ltd
SHE:002145 |
Chemicals | 0.26% |
|
Sichuan Development Lomon Co Ltd
SHE:002312 |
Chemicals | 2.22% |
|
Guizhou Chanhen Chemical Corp
SHE:002895 |
Chemicals | 0.49% |
Annual Asset Resilience Ratio for Rongsheng Petrochemical Co Ltd (2007–2023)
The table below shows the annual Asset Resilience Ratio data for Rongsheng Petrochemical Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 0.08% | CN¥310.09 Million ≈ $45.38 Million |
CN¥374.92 Billion ≈ $54.86 Billion |
+0.03pp |
| 2022-12-31 | 0.05% | CN¥188.28 Million ≈ $27.55 Million |
CN¥362.59 Billion ≈ $53.06 Billion |
-0.05pp |
| 2021-12-31 | 0.10% | CN¥345.15 Million ≈ $50.51 Million |
CN¥337.18 Billion ≈ $49.34 Billion |
+0.05pp |
| 2020-12-31 | 0.05% | CN¥128.08 Million ≈ $18.74 Million |
CN¥241.51 Billion ≈ $35.34 Billion |
+0.01pp |
| 2019-12-31 | 0.05% | CN¥86.03 Million ≈ $12.59 Million |
CN¥182.59 Billion ≈ $26.72 Billion |
-0.06pp |
| 2018-12-31 | 0.10% | CN¥126.89 Million ≈ $18.57 Million |
CN¥121.42 Billion ≈ $17.77 Billion |
-0.32pp |
| 2017-12-31 | 0.43% | CN¥265.48 Million ≈ $38.85 Million |
CN¥62.05 Billion ≈ $9.08 Billion |
-0.05pp |
| 2016-12-31 | 0.48% | CN¥193.41 Million ≈ $28.30 Million |
CN¥40.64 Billion ≈ $5.95 Billion |
+0.47pp |
| 2015-12-31 | 0.00% | CN¥1.06 Million ≈ $155.48K |
CN¥37.47 Billion ≈ $5.48 Billion |
+0.04pp |
| 2014-12-31 | -0.04% | CN¥-11.44 Million ≈ $-1.67 Million |
CN¥30.67 Billion ≈ $4.49 Billion |
-0.40pp |
| 2013-12-31 | 0.36% | CN¥102.31 Million ≈ $14.97 Million |
CN¥28.37 Billion ≈ $4.15 Billion |
+0.41pp |
| 2012-12-31 | -0.05% | CN¥-12.51 Million ≈ $-1.83 Million |
CN¥23.72 Billion ≈ $3.47 Billion |
-0.08pp |
| 2010-12-31 | 0.03% | CN¥3.61 Million ≈ $527.79K |
CN¥12.67 Billion ≈ $1.85 Billion |
+0.03pp |
| 2008-12-31 | 0.00% | CN¥-115.56K ≈ $-16.91K |
CN¥8.91 Billion ≈ $1.30 Billion |
-0.58pp |
| 2007-12-31 | 0.58% | CN¥33.95 Million ≈ $4.97 Million |
CN¥5.85 Billion ≈ $856.61 Million |
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About Rongsheng Petrochemical Co Ltd
Rongsheng Petrochemical Co., Ltd. engages in the research, development, production, and sale of chemical, oil, and polyester products in China. It also provides polyolefins, aromatics, chemical and oil products, etc., which are widely used in covering new energy, new materials, organic chemicals, synthetic fibers, synthetic resins, Synthetic rubber, oil products, and other fields. Rongsheng Petro… Read more