Hongda - Asset Resilience Ratio

Latest as of September 2010: 0.13%

Hongda (600331) has an Asset Resilience Ratio of 0.13% as of September 2010. 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 600331 PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.

Liquid Assets

CN¥12.61 Million
≈ $1.85 Million USD Cash + Short-term Investments

Total Assets

CN¥9.83 Billion
≈ $1.44 Billion USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2002–2015)

This chart shows how Hongda's Asset Resilience Ratio has changed over time. See Hongda balance sheet independence to measure how much of total assets are equity-financed.

Liquid Assets Composition Over Time

This chart breaks down Hongda'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 Hongda (600331) market capitalisation.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥12.61 Million 0.13%
Total Liquid Assets CN¥12.61 Million 0.13%

Asset Resilience Insights

  • Limited Liquidity: Hongda maintains only 0.13% 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.

Hongda Industry Peers by Asset Resilience Ratio

Compare Hongda's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Pilbara Minerals Ltd
AU:PLS
Other Industrial Metals & Mining 17.93%
Jinduicheng Molybdenum Co Ltd
SHG:601958
Other Industrial Metals & Mining 16.57%
Liontown Resources Ltd
AU:LTR
Other Industrial Metals & Mining 22.16%
Vale Indonesia Tbk
JK:INCO
Other Industrial Metals & Mining 0.07%
Molymet
SN:MOLYMET
Other Industrial Metals & Mining 0.01%
Alphamin Resources Corp.
JSE:APH
Other Industrial Metals & Mining 6.92%
Vulcan Energy Resources Limited
AU:VUL
Other Industrial Metals & Mining 0.54%
Xinjiang Baodi Mining Co. Ltd. A
SHG:601121
Other Industrial Metals & Mining 1.72%

Annual Asset Resilience Ratio for Hongda (2002–2015)

The table below shows the annual Asset Resilience Ratio data for Hongda.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2015-12-31 6.48% CN¥663.00 Million
≈ $97.02 Million
CN¥10.24 Billion
≈ $1.50 Billion
+5.91pp
2014-12-31 0.57% CN¥60.00 Million
≈ $8.78 Million
CN¥10.50 Billion
≈ $1.54 Billion
+0.37pp
2009-12-31 0.21% CN¥17.84 Million
≈ $2.61 Million
CN¥8.66 Billion
≈ $1.27 Billion
+0.20pp
2005-12-31 0.00% CN¥100.00K
≈ $14.63K
CN¥4.04 Billion
≈ $591.15 Million
-2.16pp
2003-12-31 2.16% CN¥48.69 Million
≈ $7.13 Million
CN¥2.26 Billion
≈ $330.08 Million
+2.16pp
2002-12-31 0.00% CN¥50.00K
≈ $7.32K
CN¥1.44 Billion
≈ $210.95 Million
--
pp = percentage points

About Hongda

SHG:600331 China Other Industrial Metals & Mining
Market Cap
$4.95 Billion
CN¥33.81 Billion CNY
Market Cap Rank
#3645 Global
#544 in China
Share Price
CN¥12.80
Change (1 day)
-1.84%
52-Week Range
CN¥7.65 - CN¥21.64
All Time High
CN¥21.64
About

Sichuan Hongda Co.,Ltd., together with its subsidiaries, engages in the non-ferrous metal zinc smelting and phosphorous chemical businesses in China. The company operates through Chemical Industry, Non-Ferrous Metals Industry, and Others segments. The company offers zinc ingots, hot-dip galvanized and cast zinc alloys, and zinc oxide under the Cishan brand; and rare metals, such as molybdenum, in… Read more