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. Check 002493 PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
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. See 002493 net asset quality index to measure how much of total assets are equity-financed.
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 how much is Rongsheng Petrochemical Co Ltd 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 |
|---|---|---|
|
BASF SE
F:BASA |
Chemicals | 0.12% |
|
Jinan Shengquan Group Share Holding Co Ltd
SHG:605589 |
Chemicals | 0.07% |
|
Guizhou Redstar Developing Co Ltd
SHG:600367 |
Chemicals | 0.71% |
|
Shanghai Huayi Group Corp Ltd A
SHG:600623 |
Chemicals | 2.10% |
|
Anhui Hwasu Co.Ltd.
SHG:600935 |
Chemicals | 3.81% |
|
Huafon Microfibre Shanghai Co
SHE:300180 |
Chemicals | 0.07% |
|
Solvac S.A.
BR:SOLV |
Chemicals | 0.00% |
|
Jiangxi Chen Guang New Materials Co Ltd
SHG:605399 |
Chemicals | 3.36% |
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