Shanxi Guoxin Energy Co Ltd A - Asset Resilience Ratio

Latest as of September 2020: 0.11%

Shanxi Guoxin Energy Co Ltd A (600617) has an Asset Resilience Ratio of 0.11% as of September 2020. 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 working capital position of Shanxi Guoxin Energy Co Ltd A to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

CN¥31.09 Million
≈ $4.55 Million USD Cash + Short-term Investments

Total Assets

CN¥27.07 Billion
≈ $3.96 Billion USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (1992–2019)

This chart shows how Shanxi Guoxin Energy Co Ltd A's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see 600617 total asset value.

Liquid Assets Composition Over Time

This chart breaks down Shanxi Guoxin Energy Co Ltd A's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore Shanxi Guoxin Energy Co Ltd A (600617) 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¥31.09 Million 0.11%
Total Liquid Assets CN¥31.09 Million 0.11%

Asset Resilience Insights

  • Limited Liquidity: Shanxi Guoxin Energy Co Ltd A maintains only 0.11% 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.

Shanxi Guoxin Energy Co Ltd A Industry Peers by Asset Resilience Ratio

Compare Shanxi Guoxin Energy Co Ltd A's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
South Bow Corporation
TO:SOBO
Oil & Gas Midstream 4.91%
Gibson Energy Inc.
TO:GEI
Oil & Gas Midstream 1.21%
Kinetik Holdings Inc
NYSE:KNTK
Oil & Gas Midstream 0.12%
Nanjing Tanker Corp
SHG:601975
Oil & Gas Midstream 0.05%
Transportadora de Gas del Norte SA Class C
BA:TGNO4
Oil & Gas Midstream 14.41%
CMB.TECH NV
BR:CMBT
Oil & Gas Midstream -0.05%
Fluxys Belgium
BR:FLUX
Oil & Gas Midstream 2.28%
Enbridge Inc
TO:ENB
Oil & Gas Midstream 0.50%

Annual Asset Resilience Ratio for Shanxi Guoxin Energy Co Ltd A (1992–2019)

The table below shows the annual Asset Resilience Ratio data for Shanxi Guoxin Energy Co Ltd A.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2019-12-31 0.23% CN¥66.96 Million
≈ $9.80 Million
CN¥29.51 Billion
≈ $4.32 Billion
+0.22pp
2001-12-31 0.00% CN¥16.88K
≈ $2.47K
CN¥564.56 Million
≈ $82.61 Million
-0.08pp
2000-12-31 0.09% CN¥465.92K
≈ $68.18K
CN¥532.44 Million
≈ $77.91 Million
+0.06pp
1999-12-31 0.03% CN¥155.05K
≈ $22.69K
CN¥524.08 Million
≈ $76.69 Million
-1.52pp
1993-12-31 1.55% CN¥4.48 Million
≈ $655.56K
CN¥289.55 Million
≈ $42.37 Million
-7.26pp
1992-12-31 8.81% CN¥17.35 Million
≈ $2.54 Million
CN¥196.92 Million
≈ $28.82 Million
--
pp = percentage points

About Shanxi Guoxin Energy Co Ltd A

SHG:600617 China Oil & Gas Midstream
Market Cap
$867.79 Million
CN¥5.93 Billion CNY
Market Cap Rank
#9654 Global
#2499 in China
Share Price
CN¥3.34
Change (1 day)
-0.60%
52-Week Range
CN¥2.63 - CN¥4.64
All Time High
CN¥17.87
About

Shanxi Guoxin Energy Corporation Limited engages natural gas development and utilization, and consulting services. It is also involved in the sale of pipeline transportation services of natural gas and ethanol; provision of gas storage facilities leasing services; development, construction, operation, management, and heating of central heating projects; production, processing, and sales of natura… Read more