Jiangsu Gaoke Petrochemical Co - Asset Resilience Ratio
Jiangsu Gaoke Petrochemical Co (002778) has an Asset Resilience Ratio of -0.99% as of September 2023. 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 Jiangsu Gaoke Petrochemical Co (002778) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2016–2016)
This chart shows how Jiangsu Gaoke Petrochemical Co's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Jiangsu Gaoke Petrochemical Co total assets.
Liquid Assets Composition Over Time
This chart breaks down Jiangsu Gaoke Petrochemical Co's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read 002778 total debt and obligations for a breakdown of total debt and financial obligations.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥-14.27 Million | -0.99% |
| Total Liquid Assets | CN¥-14.27 Million | -0.99% |
Asset Resilience Insights
- Limited Liquidity: Jiangsu Gaoke Petrochemical Co maintains only -0.99% of assets in liquid form.
- This low level may indicate efficient asset utilization but could pose risks during economic downturns.
- The company primarily holds liquidity in cash and equivalents rather than short-term investments.
Jiangsu Gaoke Petrochemical Co Industry Peers by Asset Resilience Ratio
Compare Jiangsu Gaoke Petrochemical Co's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Hankook Shell Oil
KO:002960 |
Oil & Gas Refining & Marketing | 16.10% |
|
Refinaria de Petróleos de Manguinhos S.A
SA:RPMG3 |
Oil & Gas Refining & Marketing | 0.52% |
|
Ampol Ltd
AU:ALD |
Oil & Gas Refining & Marketing | -1.53% |
|
Viva Energy Group Ltd
AU:VEA |
Oil & Gas Refining & Marketing | 0.00% |
|
Ultrapar Participações S.A
SA:UGPA3 |
Oil & Gas Refining & Marketing | 6.46% |
|
Cosan S.A
SA:CSAN3 |
Oil & Gas Refining & Marketing | 4.33% |
|
Parkland Fuel Corporation
TO:PKI |
Oil & Gas Refining & Marketing | 2.59% |
|
ReGen III Corp
V:GIII |
Oil & Gas Refining & Marketing | 12.40% |
Annual Asset Resilience Ratio for Jiangsu Gaoke Petrochemical Co (2016–2016)
The table below shows the annual Asset Resilience Ratio data for Jiangsu Gaoke Petrochemical Co.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2016-12-31 | 9.93% | CN¥70.00 Million ≈ $10.24 Million |
CN¥705.14 Million ≈ $103.18 Million |
-- |
About Jiangsu Gaoke Petrochemical Co
Jiangsu Zhongsheng Gaoke Environmental Co.,Ltd. provides environmental protection services in China. It is involved in soil remediation and investigation, environmental engineering, environmental assessment and consulting, wastewater operation, water conservancy projects, water treatment, and pipeline operation and maintenance. The company was formerly known as Jiangsu Gaoke Petrochemical Co., Lt… Read more