HeBei Jinniu Chemical Industry Co Ltd Asset Resilience Ratio
HeBei Jinniu Chemical Industry Co Ltd asset resilience ratio. 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. See 600722 defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of HeBei Jinniu Chemical Industry Co Ltd (2016–2022)
Asset resilience ratio of HeBei Jinniu Chemical Industry Co Ltd from 2016 to 2022. This chart shows how HeBei Jinniu Chemical Industry Co Ltd's Asset Resilience Ratio has changed over time. Read 600722 total debt and obligations for a breakdown of total debt and financial obligations.
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. For the complete balance sheet picture, see 600722 current and non-current assets.
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 |
|---|---|---|
|
Solvac S.A.
BR:SOLV |
Chemicals | 0.00% |
|
Zangge Holding Co Ltd
SHE:000408 |
Chemicals | 2.30% |
|
Jiangxi Ganfeng Lithium Co Ltd
SHE:002460 |
Chemicals | 0.01% |
|
Zhejiang Sanmei Chemical Industry Co Ltd
SHG:603379 |
Chemicals | 9.41% |
|
FSPG Hi-Tech Co Ltd
SHE:000973 |
Chemicals | 8.29% |
|
North Chemical Industries Co Ltd
SHE:002246 |
Chemicals | 5.14% |
|
Robertet SA
PA:RBT |
Chemicals | 3.83% |
|
Shanghai Pret Composites
SHE:002324 |
Chemicals | 0.27% |
HeBei Jinniu Chemical Industry Co Ltd Asset Resilience Ratio by Year (2016–2022)
HeBei Jinniu Chemical Industry Co Ltd asset resilience ratio by year from 2016 to 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 ≈ $2.19 Million |
CN¥1.40 Billion ≈ $205.05 Million |
-4.89pp |
| 2021-12-31 | 5.96% | CN¥80.00 Million ≈ $11.71 Million |
CN¥1.34 Billion ≈ $196.31 Million |
+4.33pp |
| 2019-12-31 | 1.63% | CN¥20.00 Million ≈ $2.93 Million |
CN¥1.22 Billion ≈ $179.13 Million |
-21.05pp |
| 2017-12-31 | 22.68% | CN¥270.00 Million ≈ $39.51 Million |
CN¥1.19 Billion ≈ $174.20 Million |
+22.38pp |
| 2016-12-31 | 0.30% | CN¥3.84 Million ≈ $561.65K |
CN¥1.26 Billion ≈ $184.60 Million |
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About HeBei Jinniu Chemical Industry Co Ltd
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