Top Resource Conservation Engineering Co Ltd Asset Resilience Ratio

Latest as of September 2024: 0.99%

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

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 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
--
pp = percentage points

About Top Resource Conservation Engineering Co Ltd

SHE:300332 China Utilities - Regulated Gas
Market Cap
$539.60 Million
CN¥3.69 Billion CNY
Market Cap Rank
#11453 Global
#3148 in China
Share Price
CN¥4.35
Change (1 day)
-2.25%
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