Guangdong HongDa Blasting Co Ltd - Asset Resilience Ratio
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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2015–2024)
This chart shows how Guangdong HongDa Blasting Co Ltd's Asset Resilience Ratio has changed over time. Check Guangdong HongDa Blasting Co Ltd (002683) strategic asset index to assess the company's strategic physical and investment asset allocation.
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. For market capitalisation and broader financial context, see Guangdong HongDa Blasting Co Ltd market cap and net worth.
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 |
|---|---|---|
|
Cngr Advanced Material Co Ltd
SHE:300919 |
Specialty Chemicals | 0.52% |
|
Luxi Chemical Group Co Ltd
SHE:000830 |
Specialty Chemicals | 0.43% |
|
Lily Group Co Ltd
SHG:603823 |
Specialty Chemicals | 0.37% |
|
Lianhe Chemical Technology Co Ltd
SHE:002250 |
Specialty Chemicals | 0.44% |
|
Shandong Link Science and Technology Co Ltd
SHE:001207 |
Specialty Chemicals | 18.99% |
|
Shenzhen WOTE Advanced Materials Co Ltd
SHE:002886 |
Specialty Chemicals | 3.77% |
|
New East New Materials Co Ltd
SHG:603110 |
Specialty Chemicals | 6.08% |
|
Beijing Tianyishangjia New Material Corp Ltd
SHG:688033 |
Specialty Chemicals | 0.04% |
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 |
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About Guangdong HongDa Blasting Co Ltd
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