Top Resource Conservation Engineering Co Ltd - Asset Resilience Ratio

Latest as of September 2024: 0.99%

Top Resource Conservation Engineering Co Ltd (300332) has an Asset Resilience Ratio of 0.99% as of September 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 Top Resource Conservation Engineering Co (300332) strategic asset index to assess the company's strategic physical and investment asset allocation.

Liquid Assets

CN¥84.96 Million

≈ $12.43 Million USD Cash + Short-term Investments

Total Assets

CN¥8.60 Billion

≈ $1.26 Billion USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio Trend (2014–2023)

This chart shows how Top Resource Conservation Engineering Co Ltd's Asset Resilience Ratio has changed over time. See Top Resource Conservation Engineering Co (300332) balance sheet quality index to measure how much of total assets are equity-financed.

Liquid Assets Composition Over Time

This chart breaks down Top Resource Conservation Engineering 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 Top Resource Conservation Engineering Co.

Current Liquid Assets Breakdown

Component	Amount	% of Total Assets
Cash & Equivalents	CN¥0.00	0%
Short-term Investments	CN¥84.96 Million	0.99%
Total Liquid Assets	CN¥84.96 Million	0.99%

Asset Resilience Insights

Limited Liquidity: Top Resource Conservation Engineering Co Ltd maintains only 0.99% 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.

Top Resource Conservation Engineering Co Ltd Industry Peers by Asset Resilience Ratio

Compare Top Resource Conservation Engineering Co Ltd's asset resilience ratio with other companies in the same industry.

Company	Industry	Asset Resilience Ratio
Gas Malaysia Bhd KLSE:5209	Utilities - Regulated Gas	15.05%
Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi AS IS:BASGZ	Utilities - Regulated Gas	3.66%
Metrogas SA BA:METR	Utilities - Regulated Gas	0.18%
Xinjiang Torch Gas Co Ltd SHG:603080	Utilities - Regulated Gas	0.25%
SHANGH.DAZ.PUBL.UTIL.YC 1 F:6WL	Utilities - Regulated Gas	2.38%
Equus Energy Ltd AU:EQU	Utilities - Regulated Gas	95.68%
Naturgy BAN SA BA:GBAN	Utilities - Regulated Gas	6.33%
Camuzzi Gas Pampeana SA BA:CGPA2	Utilities - Regulated Gas	2.84%

Annual Asset Resilience Ratio for Top Resource Conservation Engineering Co Ltd (2014–2023)

The table below shows the annual Asset Resilience Ratio data for Top Resource Conservation Engineering Co Ltd.

Year	Asset Resilience Ratio (%)	Liquid Assets	Total Assets	Change
2023-12-31	0.93%	CN¥84.96 Million ≈ $12.43 Million	CN¥9.13 Billion ≈ $1.34 Billion	+0.58pp
2017-12-31	0.35%	CN¥29.55 Million ≈ $4.32 Million	CN¥8.35 Billion ≈ $1.22 Billion	+0.18pp
2016-12-31	0.17%	CN¥13.00 Million ≈ $1.90 Million	CN¥7.60 Billion ≈ $1.11 Billion	-0.65pp
2014-12-31	0.82%	CN¥19.40 Million ≈ $2.84 Million	CN¥2.37 Billion ≈ $346.80 Million	--

pp = percentage points

About Top Resource Conservation Engineering Co Ltd

SHE:300332 China Utilities - Regulated Gas

Market Cap

$534.63 Million

CN¥3.65 Billion CNY

Market Cap Rank

#12029 Global

#3488 in China

Share Price

CN¥4.31

Change (1 day)

-1.37%

52-Week Range

CN¥4.31 - CN¥7.24

All Time High

CN¥15.01