Hubei Heyuan Gas Co Ltd - Asset Resilience Ratio

Latest as of March 2024: -2.44%

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. Check Hubei Heyuan Gas Co Ltd (002971) strategic asset index to assess the company's strategic physical and investment asset allocation.

Liquid Assets

CN¥-107.87 Million

≈ $-15.78 Million USD Cash + Short-term Investments

Total Assets

CN¥4.43 Billion

≈ $647.74 Million USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio Trend (2015–2022)

This chart shows how Hubei Heyuan Gas Co Ltd's Asset Resilience Ratio has changed over time. See net asset quality index of Hubei Heyuan Gas Co Ltd to measure how much of total assets are equity-financed.

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. For market capitalisation and broader financial context, see market cap of Hubei Heyuan Gas Co Ltd.

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
Guizhou Redstar Developing Co Ltd SHG:600367	Chemicals	0.71%
Shenzhen Dynanonic Co Ltd SHE:300769	Chemicals	0.00%
Zhejiang Sanmei Chemical Industry Co Ltd SHG:603379	Chemicals	9.41%
Guangdong Rongtai Industry Co Ltd SHG:600589	Chemicals	0.00%
Jingsu Jingshen Salt&Chem SHG:603299	Chemicals	2.88%
Anhui Hwasu Co.Ltd. SHG:600935	Chemicals	3.81%
Shanghai Chlor-Alkali Chemical Co Ltd A SHG:600618	Chemicals	0.02%
Inner Mongolia Lantai Industrial Co Ltd SHG:600328	Chemicals	1.76%

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 ≈ $-1.54 Million	CN¥2.94 Billion ≈ $430.18 Million	+1.11pp
2021-12-31	-1.46%	CN¥-34.14 Million ≈ $-5.00 Million	CN¥2.33 Billion ≈ $341.22 Million	+0.72pp
2020-12-31	-2.19%	CN¥-39.84 Million ≈ $-5.83 Million	CN¥1.82 Billion ≈ $266.76 Million	+1.55pp
2019-12-31	-3.73%	CN¥-45.70 Million ≈ $-6.69 Million	CN¥1.22 Billion ≈ $179.25 Million	+0.08pp
2018-12-31	-3.81%	CN¥-39.19 Million ≈ $-5.74 Million	CN¥1.03 Billion ≈ $150.60 Million	-0.88pp
2017-12-31	-2.93%	CN¥-25.95 Million ≈ $-3.80 Million	CN¥886.54 Million ≈ $129.73 Million	-1.11pp
2016-12-31	-1.82%	CN¥-14.92 Million ≈ $-2.18 Million	CN¥819.55 Million ≈ $119.93 Million	-0.83pp
2015-12-31	-0.99%	CN¥-7.19 Million ≈ $-1.05 Million	CN¥722.96 Million ≈ $105.79 Million	--

pp = percentage points

About Hubei Heyuan Gas Co Ltd

SHE:002971 China Chemicals

Market Cap

$2.09 Billion

CN¥14.27 Billion CNY

Market Cap Rank

#6173 Global

#1291 in China

Share Price

CN¥67.38

Change (1 day)

+10.01%

52-Week Range

CN¥20.78 - CN¥67.38

All Time High

CN¥67.38