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. See 300332 current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

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. For the complete balance sheet picture, see 300332 total asset value.

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. Explore Top Resource Conservation Engineering Co (300332) investment intensity to see how much of total assets are deployed in long-term investments.

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
Uniper SE
XETRA:UN0
Utilities - Regulated Gas 3.65%
Bestsun Energy Co Ltd
SHG:600681
Utilities - Regulated Gas 0.42%
Distribuidora de Gas Cuyana SA
BA:DGCU2
Utilities - Regulated Gas 3.29%
Equus Energy Ltd
AU:EQU
Utilities - Regulated Gas 95.68%
GREENHY2 Ltd
AU:H2G
Utilities - Regulated Gas 0.29%
Metrogas SA
BA:METR
Utilities - Regulated Gas 0.18%
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
$610.29 Million
CN¥4.17 Billion CNY
Market Cap Rank
#11283 Global
#3142 in China
Share Price
CN¥4.92
Change (1 day)
+1.23%
52-Week Range
CN¥4.22 - CN¥7.24
All Time High
CN¥15.01
About

Top Resource Energy Co., Ltd., together with its subsidiaries, engages in the gas business in China and internationally. It operates through three segments: Gas; Energy Conservation and Environmental Protection; and Membrane Products. The company is involved in natural gas trade and sale, long-distance pipeline transportation, urban gas transmission and distribution, and gas engineering design an… Read more