Rongsheng Petrochemical Co Ltd Asset Resilience Ratio
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. See Rongsheng Petrochemical Co Ltd (002493) defensive interval to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Rongsheng Petrochemical Co Ltd (2007–2023)
Asset resilience ratio of Rongsheng Petrochemical Co Ltd from 2007 to 2023. This chart shows how Rongsheng Petrochemical Co Ltd's Asset Resilience Ratio has changed over time. Read 002493 liabilities breakdown for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see Rongsheng Petrochemical Co Ltd (002493) total assets.
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 |
|---|---|---|
|
BASF SE
F:BASA |
Chemicals | 0.12% |
|
Xinfengming Group Co Ltd
SHG:603225 |
Chemicals | 0.00% |
|
FSPG Hi-Tech Co Ltd
SHE:000973 |
Chemicals | 8.29% |
|
Kemira Oyj
HE:KEMIRA |
Chemicals | 7.73% |
|
Sichuan Hebang Biotechnology Co Ltd
SHG:603077 |
Chemicals | 0.28% |
|
Suzhou Nanomicro Technology Co Ltd
SHG:688690 |
Chemicals | 4.37% |
|
Hubei Jianghan New Materials Co. Ltd. A
SHG:603281 |
Chemicals | 0.00% |
|
Sinofibers Technology Co Ltd
SHE:300777 |
Chemicals | 21.94% |
Rongsheng Petrochemical Co Ltd Asset Resilience Ratio by Year (2007–2023)
Rongsheng Petrochemical Co Ltd asset resilience ratio by year from 2007 to 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¥338.23 Billion ≈ $49.49 Billion |
+0.05pp |
| 2020-12-31 | 0.05% | CN¥128.08 Million ≈ $18.74 Million |
CN¥241.78 Billion ≈ $35.38 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 | 0.42% | CN¥265.48 Million ≈ $38.85 Million |
CN¥63.02 Billion ≈ $9.22 Billion |
-0.02pp |
| 2016-12-31 | 0.44% | CN¥193.41 Million ≈ $28.30 Million |
CN¥43.87 Billion ≈ $6.42 Billion |
+0.44pp |
| 2015-12-31 | 0.00% | CN¥1.06 Million ≈ $155.55K |
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 |
-11.14pp |
| 2011-12-31 | 11.09% | CN¥1.95 Billion ≈ $284.95 Million |
CN¥17.56 Billion ≈ $2.57 Billion |
+11.06pp |
| 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, resins, and rubber; oil products, and other fields. The company was founded in 1995… Read more