Fujian Superpipe Asset Resilience Ratio

Latest as of September 2023: -0.56%

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 how much debt does Fujian Superpipe carry for a breakdown of total debt and financial obligations.

Liquid Assets

CN¥-17.63 Million
≈ $-2.58 Million USD Cash + Short-term Investments

Total Assets

CN¥3.14 Billion
≈ $459.64 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio of Fujian Superpipe (2018–2022)

Asset resilience ratio of Fujian Superpipe from 2018 to 2022. This chart shows how Fujian Superpipe's Asset Resilience Ratio has changed over time. See Fujian Superpipe free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.

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 the complete balance sheet picture, see Fujian Superpipe balance sheet assets.

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
Xiamen Solex High-Tech Industries Co Ltd
SHG:603992
Building Products & Equipment 22.76%
Zhejiang Langdi Group Co Ltd
SHG:603726
Building Products & Equipment 3.30%
Kcc Glass Corp
KO:344820
Building Products & Equipment 5.08%
PBG S.A
SA:PTBL3
Building Products & Equipment 6.51%
Arwana Citramulia Tbk
JK:ARNA
Building Products & Equipment 7.65%
Oriental Trimex Limited
NSE:ORIENTALTL
Building Products & Equipment 0.95%
GWA Group Ltd
AU:GWA
Building Products & Equipment 7.07%
Embelton Ltd
AU:EMB
Building Products & Equipment 0.28%

Fujian Superpipe Asset Resilience Ratio by Year (2018–2022)

Fujian Superpipe asset resilience ratio by year from 2018 to 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
--
pp = percentage points

About Fujian Superpipe

SHE:300198 China Building Products & Equipment
Market Cap
$294.35 Million
CN¥2.01 Billion CNY
Market Cap Rank
#14617 Global
#4289 in China
Share Price
CN¥1.95
Change (1 day)
-0.51%
52-Week Range
CN¥1.94 - CN¥2.96
All Time High
CN¥9.06
About

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) spiral wound structured wall pipe, steel-reinforced polyethylene (PE) plastic composite pipe, green and safe pe solid-wall pipes, wound glass fiber reinforced tubes, … Read more