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. See Fujian Superpipe working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
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. For the complete balance sheet picture, see 300198 asset base.
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. Read Fujian Superpipe debt and liabilities for a breakdown of total debt and financial obligations.
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 |
|---|---|---|
|
Zhejiang Youpon Integrated Ceiling Co Ltd
SHE:002718 |
Building Products & Equipment | 0.18% |
|
Huasu Holdings Co Ltd
SHE:000509 |
Building Products & Equipment | 3.35% |
|
Guangdong Xiongsu Technology Group Co Ltd
SHE:300599 |
Building Products & Equipment | 3.10% |
|
Huida Sanitary Ware Co Ltd
SHG:603385 |
Building Products & Equipment | 3.39% |
|
Arwana Citramulia Tbk
JK:ARNA |
Building Products & Equipment | 7.65% |
|
PBG S.A
SA:PTBL3 |
Building Products & Equipment | 6.51% |
|
Atlas Engineered Products Ltd
V:AEP |
Building Products & Equipment | 0.91% |
|
Cahayaputra Asa Keramik Tbk PT
JK:CAKK |
Building Products & Equipment | 0.00% |
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