Fujian Superpipe - Asset Resilience Ratio
Fujian Superpipe (300198) has an Asset Resilience Ratio of -0.56% 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. Read Fujian Superpipe (300198) total liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2018–2022)
This chart shows how Fujian Superpipe's Asset Resilience Ratio has changed over time. See net assets of Fujian Superpipe for net asset value and shareholders' equity analysis.
Liquid Assets Composition Over Time
This chart breaks down Fujian Superpipe'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 value of Fujian Superpipe.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥-17.63 Million | -0.56% |
| Total Liquid Assets | CN¥-17.63 Million | -0.56% |
Asset Resilience Insights
- Limited Liquidity: Fujian Superpipe maintains only -0.56% 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.
Fujian Superpipe Industry Peers by Asset Resilience Ratio
Compare Fujian Superpipe's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Monalisa Group Co Ltd Class A
SHE:002918 |
Building Products & Equipment | -0.37% |
|
D&O Home Collection Co Ltd
SHE:002798 |
Building Products & Equipment | -0.43% |
|
Zhejiang Wandekai Fluid Equipment Technology Co. Ltd. A
SHE:301309 |
Building Products & Equipment | 5.28% |
|
Huida Sanitary Ware Co Ltd
SHG:603385 |
Building Products & Equipment | 10.72% |
|
Arwana Citramulia Tbk
JK:ARNA |
Building Products & Equipment | 6.61% |
|
Eternit S.A
SA:ETER3 |
Building Products & Equipment | 2.06% |
|
Oriental Trimex Limited
NSE:ORIENTALTL |
Building Products & Equipment | 0.95% |
|
GWA Group Ltd
AU:GWA |
Building Products & Equipment | 7.07% |
Annual Asset Resilience Ratio for Fujian Superpipe (2018–2022)
The table below shows the annual Asset Resilience Ratio data for Fujian Superpipe.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2022-12-31 | -0.71% | CN¥-23.28 Million ≈ $-3.41 Million |
CN¥3.28 Billion ≈ $480.17 Million |
-0.44pp |
| 2021-12-31 | -0.27% | CN¥-9.74 Million ≈ $-1.43 Million |
CN¥3.55 Billion ≈ $519.44 Million |
-0.81pp |
| 2020-12-31 | 0.54% | CN¥20.23 Million ≈ $2.96 Million |
CN¥3.75 Billion ≈ $548.63 Million |
+19.01pp |
| 2019-12-31 | -18.47% | CN¥-589.81 Million ≈ $-86.31 Million |
CN¥3.19 Billion ≈ $467.29 Million |
-8.02pp |
| 2018-12-31 | -10.45% | CN¥-330.00 Million ≈ $-48.29 Million |
CN¥3.16 Billion ≈ $462.25 Million |
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About Fujian Superpipe
Fujian Newchoice Pipe Technology Co., Ltd. engages in the research, development, production, and sale of water supply and drainage pipes in China and internationally. It offers pipe products, such as high-density polyethylene (HDPE) winding reinforced pipes, steel-framed polyethylene plastic composite pipes, green environmental protection solid wall pipes, glass fiber reinforced continuous windin… Read more