Tong Oil Tools - Asset Resilience Ratio
Tong Oil Tools (300164) has an Asset Resilience Ratio of 0.43% as of June 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. Read Tong Oil Tools (300164) financial obligations for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2016–2024)
This chart shows how Tong Oil Tools's Asset Resilience Ratio has changed over time. See what is Tong Oil Tools's book value for net asset value and shareholders' equity analysis.
Liquid Assets Composition Over Time
This chart breaks down Tong Oil Tools'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 300164 company net worth.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥8.64 Million | 0.43% |
| Total Liquid Assets | CN¥8.64 Million | 0.43% |
Asset Resilience Insights
- Limited Liquidity: Tong Oil Tools maintains only 0.43% 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.
Tong Oil Tools Industry Peers by Asset Resilience Ratio
Compare Tong Oil Tools's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Ginting Jaya Energi
JK:WOWS |
Oil & Gas Equipment & Services | 0.00% |
|
Mitra International Resources
JK:MIRA |
Oil & Gas Equipment & Services | 0.10% |
|
OSX Brasil S.A
SA:OSXB3 |
Oil & Gas Equipment & Services | 0.99% |
|
Worley Ltd
AU:WOR |
Oil & Gas Equipment & Services | -1.28% |
|
Exmar NV
BR:EXM |
Oil & Gas Equipment & Services | 0.15% |
|
Lupatech S.A
SA:LUPA3 |
Oil & Gas Equipment & Services | 0.43% |
|
CES Energy Solutions Corp
TO:CEU |
Oil & Gas Equipment & Services | 11.28% |
|
Enerflex Ltd.
TO:EFX |
Oil & Gas Equipment & Services | 1.61% |
Annual Asset Resilience Ratio for Tong Oil Tools (2016–2024)
The table below shows the annual Asset Resilience Ratio data for Tong Oil Tools.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2024-12-31 | 1.42% | CN¥28.07 Million ≈ $4.11 Million |
CN¥1.97 Billion ≈ $288.39 Million |
-0.03pp |
| 2023-12-31 | 1.45% | CN¥26.55 Million ≈ $3.88 Million |
CN¥1.83 Billion ≈ $267.64 Million |
-0.10pp |
| 2022-12-31 | 1.55% | CN¥27.01 Million ≈ $3.95 Million |
CN¥1.74 Billion ≈ $254.92 Million |
+0.77pp |
| 2021-12-31 | 0.78% | CN¥12.89 Million ≈ $1.89 Million |
CN¥1.66 Billion ≈ $242.43 Million |
-0.02pp |
| 2020-12-31 | 0.80% | CN¥13.72 Million ≈ $2.01 Million |
CN¥1.71 Billion ≈ $250.56 Million |
+0.27pp |
| 2019-12-31 | 0.53% | CN¥15.64 Million ≈ $2.29 Million |
CN¥2.95 Billion ≈ $432.09 Million |
+0.50pp |
| 2018-12-31 | 0.03% | CN¥808.90K ≈ $118.37K |
CN¥2.92 Billion ≈ $426.56 Million |
-1.81pp |
| 2017-12-31 | 1.84% | CN¥50.00 Million ≈ $7.32 Million |
CN¥2.72 Billion ≈ $398.04 Million |
+0.89pp |
| 2016-12-31 | 0.95% | CN¥20.00 Million ≈ $2.93 Million |
CN¥2.10 Billion ≈ $307.31 Million |
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About Tong Oil Tools
Tong Petrotech Corp. provides technical support and services for oil and gas exploration and development in China and internationally. The company also manufactures and sells equipment for oil drilling and production; and sells civilian explosives, gas and liquid separation, and purification equipment. In addition, it provides gas management solutions; and professional and auxiliary services for … Read more