Guangdong HongDa Blasting Co Ltd - Asset Resilience Ratio

Latest as of September 2025: 1.05%

Guangdong HongDa Blasting Co Ltd (002683) has an Asset Resilience Ratio of 1.05% 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. See working capital position of Guangdong HongDa Blasting Co Ltd to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

CN¥331.34 Million
≈ $48.49 Million USD Cash + Short-term Investments

Total Assets

CN¥31.56 Billion
≈ $4.62 Billion USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2015–2024)

This chart shows how Guangdong HongDa Blasting Co Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see 002683 asset base.

Liquid Assets Composition Over Time

This chart breaks down Guangdong HongDa Blasting Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore Guangdong HongDa Blasting Co Ltd long-term investment intensity to see how much of total assets are deployed in long-term investments.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥331.34 Million 1.05%
Total Liquid Assets CN¥331.34 Million 1.05%

Asset Resilience Insights

  • Limited Liquidity: Guangdong HongDa Blasting Co Ltd maintains only 1.05% 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.

Guangdong HongDa Blasting Co Ltd Industry Peers by Asset Resilience Ratio

Compare Guangdong HongDa Blasting Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
AKZO NOBEL SPONS.ADRS 1/3
F:AKUP
Specialty Chemicals 1.69%
Zhejiang Longsheng Group Co Ltd
SHG:600352
Specialty Chemicals 0.80%
LB Group Co Ltd
SHE:002601
Specialty Chemicals 4.81%
Shandong Dongyue Organosilicon Mat
SHE:300821
Specialty Chemicals 0.00%
Qingdao Gon Technology Co Ltd
SHE:002768
Specialty Chemicals 0.01%
Lianhe Chemical Technology Co Ltd
SHE:002250
Specialty Chemicals 0.44%
Guangzhou Sanfu New Materials Technology Co. Ltd. A
SHG:688359
Specialty Chemicals 2.57%
Rianlon Corp
SHE:300596
Specialty Chemicals 0.46%

Annual Asset Resilience Ratio for Guangdong HongDa Blasting Co Ltd (2015–2024)

The table below shows the annual Asset Resilience Ratio data for Guangdong HongDa Blasting Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-12-31 7.19% CN¥1.41 Billion
≈ $206.83 Million
CN¥19.65 Billion
≈ $2.88 Billion
+4.85pp
2023-12-31 2.35% CN¥381.52 Million
≈ $55.83 Million
CN¥16.26 Billion
≈ $2.38 Billion
-0.95pp
2022-12-31 3.29% CN¥505.11 Million
≈ $73.91 Million
CN¥15.33 Billion
≈ $2.24 Billion
-5.31pp
2021-12-31 8.61% CN¥1.20 Billion
≈ $175.60 Million
CN¥13.94 Billion
≈ $2.04 Billion
+8.56pp
2020-12-31 0.05% CN¥5.00 Million
≈ $731.66K
CN¥10.40 Billion
≈ $1.52 Billion
-1.75pp
2018-12-31 1.79% CN¥119.00 Million
≈ $17.41 Million
CN¥6.63 Billion
≈ $970.75 Million
-1.91pp
2017-12-31 3.71% CN¥235.00 Million
≈ $34.39 Million
CN¥6.34 Billion
≈ $927.44 Million
+2.08pp
2016-12-31 1.63% CN¥91.47 Million
≈ $13.38 Million
CN¥5.62 Billion
≈ $822.36 Million
-7.45pp
2015-12-31 9.08% CN¥384.91 Million
≈ $56.32 Million
CN¥4.24 Billion
≈ $620.49 Million
--
pp = percentage points

About Guangdong HongDa Blasting Co Ltd

SHE:002683 China Specialty Chemicals
Market Cap
$3.06 Billion
CN¥20.90 Billion CNY
Market Cap Rank
#4876 Global
#815 in China
Share Price
CN¥27.50
Change (1 day)
-0.54%
52-Week Range
CN¥25.43 - CN¥53.93
All Time High
CN¥61.33
About

Guangdong Hongda Holdings Group Co., Ltd., together with its subsidiaries, provides mining and civil explosives services in China and internationally. It operates through three segments: Mining Engineering Services; Civil Blasting Equipment Production and Sales; and Defense Equipment Production. The company offers open-pit mining, underground mining, and mixed loading; and mining services, includ… Read more