Hubei Heyuan Gas Co Ltd
Hubei Heyuan Gas Co.,Ltd. engages in the research and development, production, and sale of gas products in China. The company is also involved in recovery and recycling of industrial exhaust gas. Further, it offers hydropower energy, metal silicon, hydrochloric acid, industrial exhaust gas, machinery and equipment, transport vehicles. Its products include medical oxygen, industrial oxygen, food a… Read more
Hubei Heyuan Gas Co Ltd - Asset Resilience Ratio
Hubei Heyuan Gas Co Ltd (002971) has an Asset Resilience Ratio of -2.44% as of March 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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2015–2022)
This chart shows how Hubei Heyuan Gas Co Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Hubei Heyuan Gas Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥-107.87 Million | -2.44% |
| Total Liquid Assets | CN¥-107.87 Million | -2.44% |
Asset Resilience Insights
- Limited Liquidity: Hubei Heyuan Gas Co Ltd maintains only -2.44% 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.
Hubei Heyuan Gas Co Ltd Industry Peers by Asset Resilience Ratio
Compare Hubei Heyuan Gas Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Renxin New Material Co. Ltd. A
SHE:301395 |
Chemicals | 0.66% |
|
Engro Corporation Ltd
KAR:ENGRO |
Chemicals | 5.52% |
|
Fatima Fertilizer Company Ltd
KAR:FATIMA |
Chemicals | 5.64% |
|
North Huajin Chemical Industries Co Ltd
SHE:000059 |
Chemicals | -1.48% |
|
Jiangsu Wujiang China Eastern Silk Market Co Ltd
SHE:000301 |
Chemicals | 0.00% |
|
Zangge Holding Co Ltd
SHE:000408 |
Chemicals | 0.32% |
|
Sichuan Jinlu Group Co Ltd
SHE:000510 |
Chemicals | 0.76% |
|
Jilin Gpro Titanium Industry Co Ltd
SHE:000545 |
Chemicals | -9.84% |
Annual Asset Resilience Ratio for Hubei Heyuan Gas Co Ltd (2015–2022)
The table below shows the annual Asset Resilience Ratio data for Hubei Heyuan Gas Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2022-12-31 | -0.36% | CN¥-10.54 Million | CN¥2.94 Billion | +1.11pp |
| 2021-12-31 | -1.46% | CN¥-34.14 Million | CN¥2.33 Billion | +0.72pp |
| 2020-12-31 | -2.19% | CN¥-39.84 Million | CN¥1.82 Billion | +1.55pp |
| 2019-12-31 | -3.73% | CN¥-45.70 Million | CN¥1.22 Billion | +0.08pp |
| 2018-12-31 | -3.81% | CN¥-39.19 Million | CN¥1.03 Billion | -0.88pp |
| 2017-12-31 | -2.93% | CN¥-25.95 Million | CN¥886.54 Million | -1.11pp |
| 2016-12-31 | -1.82% | CN¥-14.92 Million | CN¥819.55 Million | -0.83pp |
| 2015-12-31 | -0.99% | CN¥-7.19 Million | CN¥722.96 Million | -- |