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. Check strategic asset allocation of HeBei Jinniu Chemical Industry Co Ltd to assess the company's strategic physical and investment asset allocation.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2016–2022)
This chart shows how HeBei Jinniu Chemical Industry Co Ltd's Asset Resilience Ratio has changed over time. See debt-free asset ratio of HeBei Jinniu Chemical Industry Co Ltd to measure how much of total assets are equity-financed.
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 market capitalisation and broader financial context, see market value of HeBei Jinniu Chemical Industry Co Ltd.
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 |
|---|---|---|
|
Levima Advanced Materials Corp
SHE:003022 |
Chemicals | 0.13% |
|
Xinfengming Group Co Ltd
SHG:603225 |
Chemicals | 0.00% |
|
Methanex Corporation
TO:MX |
Chemicals | 5.85% |
|
Youngy Co Ltd
SHE:002192 |
Chemicals | 21.18% |
|
Suzhou Nanomicro Technology Co Ltd
SHG:688690 |
Chemicals | 4.37% |
|
Hunan Boyun New Materials Co Ltd
SHE:002297 |
Chemicals | 1.91% |
|
Hubei Heyuan Gas Co Ltd
SHE:002971 |
Chemicals | -2.44% |
|
Sinofibers Technology Co Ltd
SHE:300777 |
Chemicals | 21.94% |
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 ≈ $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