Top Resource Conservation Engineering Co Ltd Asset Resilience Ratio
Top Resource Conservation Engineering Co Ltd asset resilience ratio. 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 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Top Resource Conservation Engineering Co Ltd (2014–2023)
Asset resilience ratio of Top Resource Conservation Engineering Co Ltd from 2014 to 2023. This chart shows how Top Resource Conservation Engineering Co Ltd's Asset Resilience Ratio has changed over time. Read 300332 total liabilities for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see 300332 total asset value.
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 |
|---|---|---|
|
Adani Total Gas Limited
NSE:ATGL |
Utilities - Regulated Gas | 1.03% |
|
Spire Inc
NYSE:SR |
Utilities - Regulated Gas | 4862678.31% |
|
Shinhsiung Natural Gas
TWO:8908 |
Utilities - Regulated Gas | 3.47% |
|
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% |
|
Distribuidora de Gas Cuyana SA
BA:DGCU2 |
Utilities - Regulated Gas | 3.29% |
|
APA Group
AU:APA |
Utilities - Regulated Gas | 1.29% |
Top Resource Conservation Engineering Co Ltd Asset Resilience Ratio by Year (2014–2023)
Top Resource Conservation Engineering Co Ltd asset resilience ratio by year from 2014 to 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 |
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About Top Resource Conservation Engineering Co Ltd
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