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. Read 600796 total liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (1999–2020)
This chart shows how Zhejiang Qianjiang Biochemical Co Ltd's Asset Resilience Ratio has changed over time. See shareholders equity of Zhejiang Qianjiang Biochemical Co Ltd for net asset value and shareholders' equity analysis.
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 market capitalisation and broader financial context, see how much is Zhejiang Qianjiang Biochemical Co Ltd worth.
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 |
|---|---|---|
|
Asia Potash International Investment Guangzhou Co Ltd
SHE:000893 |
Agricultural Inputs | 0.83% |
|
Qinghai Salt Lake Industry Co.Ltd
SHE:000792 |
Agricultural Inputs | 0.01% |
|
Kaveri Seed Company Limited
NSE:KSCL |
Agricultural Inputs | 15.75% |
|
Krishana Phoschem Limited
NSE:KRISHANA |
Agricultural Inputs | 7.62% |
|
Nufarm Ltd
AU:NUF |
Agricultural Inputs | 10.35% |
|
Soquicom
SN:SOQUICOM |
Agricultural Inputs | 0.81% |
|
Fertilizantes Heringer S.A
SA:FHER3 |
Agricultural Inputs | 0.00% |
|
Sung Bo Chem
KO:003080 |
Agricultural Inputs | 23.75% |
Annual Asset Resilience Ratio for Zhejiang Qianjiang Biochemical Co Ltd (1999–2020)
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, researches, 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 jinggangmyc… Read more