Zhejiang Qianjiang Biochemical Co Ltd Asset Resilience Ratio
Zhejiang Qianjiang Biochemical Co Ltd asset resilience ratio. Zhejiang Qianjiang Biochemical Co Ltd (600796) has an Asset Resilience Ratio of 0.58% as of June 2023. 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 operational self-sufficiency of Zhejiang Qianjiang Biochemical Co Ltd to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Zhejiang Qianjiang Biochemical Co Ltd (1999–2020)
Asset resilience ratio of Zhejiang Qianjiang Biochemical Co Ltd from 1999 to 2020. This chart shows how Zhejiang Qianjiang Biochemical Co Ltd's Asset Resilience Ratio has changed over time. Read 600796 liabilities breakdown for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Zhejiang Qianjiang Biochemical 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 600796 total assets.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥37.35 Million | 0.58% |
| Total Liquid Assets | CN¥37.35 Million | 0.58% |
Asset Resilience Insights
- Limited Liquidity: Zhejiang Qianjiang Biochemical Co Ltd maintains only 0.58% 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.
Zhejiang Qianjiang Biochemical Co Ltd Industry Peers by Asset Resilience Ratio
Compare Zhejiang Qianjiang Biochemical Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Jiangsu Huachang Chemical Co Ltd
SHE:002274 |
Agricultural Inputs | 0.53% |
|
Insecticides (India) Limited
NSE:INSECTICID |
Agricultural Inputs | 0.90% |
|
Graines Voltz S.A
PA:GRVO |
Agricultural Inputs | -0.18% |
|
Highfield Resources Ltd
AU:HFR |
Agricultural Inputs | 0.00% |
|
Insumos Agroquimicos SA
BA:INAG |
Agricultural Inputs | 1.46% |
|
Nufarm Ltd
AU:NUF |
Agricultural Inputs | 10.35% |
|
Minbos Resources Ltd
AU:MNB |
Agricultural Inputs | 6.23% |
|
Terragen Holdings Ltd
AU:TGH |
Agricultural Inputs | 1.39% |
Zhejiang Qianjiang Biochemical Co Ltd Asset Resilience Ratio by Year (1999–2020)
Zhejiang Qianjiang Biochemical Co Ltd asset resilience ratio by year from 1999 to 2020. The table below shows the annual Asset Resilience Ratio data for Zhejiang Qianjiang Biochemical Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2020-12-31 | 0.49% | CN¥5.70 Million ≈ $834.09K |
CN¥1.16 Billion ≈ $169.80 Million |
-0.16pp |
| 2019-12-31 | 0.65% | CN¥5.70 Million ≈ $834.09K |
CN¥874.70 Million ≈ $128.00 Million |
+0.05pp |
| 2018-12-31 | 0.60% | CN¥5.70 Million ≈ $834.09K |
CN¥946.51 Million ≈ $138.50 Million |
+0.06pp |
| 2017-12-31 | 0.54% | CN¥5.70 Million ≈ $834.09K |
CN¥1.05 Billion ≈ $153.67 Million |
-0.53pp |
| 2016-12-31 | 1.07% | CN¥11.00 Million ≈ $1.61 Million |
CN¥1.03 Billion ≈ $150.51 Million |
-0.74pp |
| 2014-12-31 | 1.81% | CN¥20.00 Million ≈ $2.93 Million |
CN¥1.11 Billion ≈ $161.71 Million |
+1.77pp |
| 2008-12-31 | 0.04% | CN¥286.00K ≈ $41.85K |
CN¥809.60 Million ≈ $118.47 Million |
-5.23pp |
| 2007-12-31 | 5.26% | CN¥54.42 Million ≈ $7.96 Million |
CN¥1.03 Billion ≈ $151.31 Million |
+1.65pp |
| 2006-12-31 | 3.61% | CN¥33.33 Million ≈ $4.88 Million |
CN¥923.17 Million ≈ $135.09 Million |
+1.07pp |
| 2005-12-31 | 2.54% | CN¥21.24 Million ≈ $3.11 Million |
CN¥836.06 Million ≈ $122.34 Million |
+1.52pp |
| 2004-12-31 | 1.02% | CN¥6.79 Million ≈ $993.30K |
CN¥662.55 Million ≈ $96.95 Million |
+0.52pp |
| 2003-12-31 | 0.51% | CN¥2.86 Million ≈ $418.36K |
CN¥561.25 Million ≈ $82.13 Million |
-0.20pp |
| 2002-12-31 | 0.71% | CN¥3.78 Million ≈ $553.28K |
CN¥533.45 Million ≈ $78.06 Million |
-0.66pp |
| 2001-12-31 | 1.36% | CN¥6.00 Million ≈ $878.13K |
CN¥439.94 Million ≈ $64.38 Million |
-0.43pp |
| 2000-12-31 | 1.80% | CN¥7.43 Million ≈ $1.09 Million |
CN¥413.05 Million ≈ $60.44 Million |
-4.46pp |
| 1999-12-31 | 6.26% | CN¥21.91 Million ≈ $3.21 Million |
CN¥350.13 Million ≈ $51.23 Million |
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About Zhejiang Qianjiang Biochemical Co Ltd
Zhejiang Qianjiang Biochemical Co., Ltd., together with its subsidiaries, research, develops, produces, sells, and services biopesticides in China and internationally. The company offers biopesticide products comprising plant growth regulators consisting of gibberellic acid and gibberellic acid A4+A7; insecticides, such as avermectin and emamectin benzoate; and fungicides, including jinggangmycin… Read more