Danhua Chemical Technology Co Ltd A

SHG:600844 China Chemicals
Market Cap
$467.59 Million
CN¥3.43 Billion CNY
Market Cap Rank
#12367 Global
#3045 in China
Share Price
CN¥4.17
Change (1 day)
+5.84%
52-Week Range
CN¥2.62 - CN¥4.17
All Time High
CN¥9.39
About

Danhua Chemical Technology Co.,Ltd, together with its subsidiaries, engages in the production and sale of coal chemical products in China. The company's products include ethylene glycol and oxalic acid that are primarily used to manufacture polyester, polyester resin, desiccant, surfactant, plasticizer, synthetic fiber, cosmetics, and explosives. It also offers dehydrogenation catalysts, synthesi… Read more

Danhua Chemical Technology Co Ltd A - Asset Resilience Ratio

Latest as of March 2021: 0.21%

Danhua Chemical Technology Co Ltd A (600844) has an Asset Resilience Ratio of 0.21% as of March 2021. 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¥5.07 Million
Cash + Short-term Investments
Total Assets
CN¥2.47 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (1995–2019)

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

Liquid Assets Composition Over Time

This chart breaks down Danhua Chemical Technology Co Ltd A'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¥5.07 Million 0.21%
Total Liquid Assets CN¥5.07 Million 0.21%

Asset Resilience Insights

  • Limited Liquidity: Danhua Chemical Technology Co Ltd A maintains only 0.21% 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.

Danhua Chemical Technology Co Ltd A Industry Peers by Asset Resilience Ratio

Compare Danhua Chemical Technology Co Ltd A's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Renxin New Material Co. Ltd. A
SHE:301395
Chemicals 0.66%
Engro Corporation Ltd
KAR:ENGRO
Chemicals 5.52%
Fatima Fertilizer Company Ltd
KAR:FATIMA
Chemicals 5.64%
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%

Annual Asset Resilience Ratio for Danhua Chemical Technology Co Ltd A (1995–2019)

The table below shows the annual Asset Resilience Ratio data for Danhua Chemical Technology Co Ltd A.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2019-12-31 0.05% CN¥1.50 Million CN¥2.99 Billion -0.31pp
2018-12-31 0.36% CN¥12.05 Million CN¥3.39 Billion -0.14pp
2017-12-31 0.50% CN¥19.03 Million CN¥3.81 Billion +0.25pp
2014-12-31 0.25% CN¥8.17 Million CN¥3.27 Billion -0.03pp
2013-12-31 0.28% CN¥10.08 Million CN¥3.58 Billion +0.17pp
2008-12-31 0.11% CN¥1.02 Million CN¥935.27 Million -0.20pp
2007-12-31 0.30% CN¥2.97 Million CN¥976.93 Million +0.29pp
2002-12-31 0.01% CN¥194.98K CN¥1.66 Billion -0.66pp
1997-12-31 0.68% CN¥8.00 Million CN¥1.18 Billion -0.30pp
1996-12-31 0.97% CN¥8.08 Million CN¥831.47 Million -0.41pp
1995-12-31 1.38% CN¥8.89 Million CN¥645.62 Million --
pp = percentage points