HeBei Jinniu Chemical Industry Co Ltd

SHG:600722 China Chemicals
Market Cap
$1.57 Billion
CN¥11.52 Billion CNY
Market Cap Rank
#8799 Global
#1733 in China
Share Price
CN¥16.94
Change (1 day)
+10.00%
52-Week Range
CN¥4.56 - CN¥16.94
All Time High
CN¥16.94
About

HeBei Jinniu Chemical Industry Co.,Ltd, together with its subsidiaries, engages in the production and operation of methanol products in China. It is involved in the coal chemical industry, emerging energy technology research and development, logistics, and wind power businesses. The company was formerly known as Changzhou Chemical Industry Co., Ltd and changed its name HeBei Jinniu Chemical Indus… Read more

HeBei Jinniu Chemical Industry Co Ltd - Asset Resilience Ratio

Latest as of March 2024: 27.64%

HeBei Jinniu Chemical Industry Co Ltd (600722) has an Asset Resilience Ratio of 27.64% as of March 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.

Liquid Assets
CN¥400.00 Million
Cash + Short-term Investments
Total Assets
CN¥1.45 Billion
All company assets
Resilience Assessment
Very High
Financial Resilience Level

Asset Resilience Ratio Trend (2016–2022)

This chart shows how HeBei Jinniu Chemical Industry Co Ltd's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down HeBei Jinniu Chemical Industry Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥400.00 Million 27.64%
Total Liquid Assets CN¥400.00 Million 27.64%

Asset Resilience Insights

  • Very High Liquidity: HeBei Jinniu Chemical Industry Co Ltd maintains exceptional liquid asset reserves at 27.64% of total assets.
  • This level provides strong protection against economic uncertainties but may indicate potential for more aggressive growth investments.
  • The company has significant short-term investments, indicating active treasury management.

HeBei Jinniu Chemical Industry Co Ltd Industry Peers by Asset Resilience Ratio

Compare HeBei Jinniu Chemical Industry Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Dawood Hercules Corporation Ltd
KAR:DAWH
Chemicals 6.85%
Fauji Fertilizer Bin Qasim Ltd
KAR:FFBL
Chemicals 15.65%
North Huajin Chemical Industries Co Ltd
SHE:000059
Chemicals -1.48%
Jiangsu Wujiang China Eastern Silk Market Co Ltd
SHE:000301
Chemicals 0.00%
Zangge Holding Co Ltd
SHE:000408
Chemicals 0.32%
Sichuan Jinlu Group Co Ltd
SHE:000510
Chemicals 0.76%
Jilin Gpro Titanium Industry Co Ltd
SHE:000545
Chemicals -9.84%
Aoyuan Beauty Valley Technology Co Ltd
SHE:000615
Chemicals 1.10%

Annual Asset Resilience Ratio for HeBei Jinniu Chemical Industry Co Ltd (2016–2022)

The table below shows the annual Asset Resilience Ratio data for HeBei Jinniu Chemical Industry Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2022-12-31 1.07% CN¥15.00 Million CN¥1.40 Billion -4.89pp
2021-12-31 5.96% CN¥80.00 Million CN¥1.34 Billion +4.33pp
2019-12-31 1.63% CN¥20.00 Million CN¥1.22 Billion -21.05pp
2017-12-31 22.68% CN¥270.00 Million CN¥1.19 Billion +22.38pp
2016-12-31 0.30% CN¥3.84 Million CN¥1.26 Billion --
pp = percentage points