Hongda - Asset Resilience Ratio
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. Read 600331 total liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2002–2015)
This chart shows how Hongda's Asset Resilience Ratio has changed over time. See Hongda shareholders equity for net asset value and shareholders' equity analysis.
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 |
|---|---|---|
|
Lynas Rare EARTHS Ltd
AU:LYC |
Other Industrial Metals & Mining | 0.00% |
|
Pilbara Minerals Ltd
AU:PLS |
Other Industrial Metals & Mining | 17.93% |
|
Guocheng Mining Co Ltd
SHE:000688 |
Other Industrial Metals & Mining | 2.99% |
|
Vale Indonesia Tbk
JK:INCO |
Other Industrial Metals & Mining | 0.17% |
|
Zhejiang Huayou Cobalt Co Ltd
SHG:603799 |
Other Industrial Metals & Mining | 0.99% |
|
Sichuan Anning Iron and Titanium Co
SHE:002978 |
Other Industrial Metals & Mining | 0.77% |
|
Cita Mineral Investindo Tbk PT
JK:CITA |
Other Industrial Metals & Mining | -2.75% |
|
Troilus Gold Corp
TO:TLG |
Other Industrial Metals & Mining | 4.63% |
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 |
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About Hongda
Sichuan Hongda Co.,Ltd., together with its subsidiaries, engages in the non-ferrous metal zinc smelting and phosphorous chemical businesses in China. It 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, indium, and… Read more