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. Read 600844 total debt and obligations for a breakdown of total debt and financial obligations.

Liquid Assets

CN¥5.07 Million
≈ $741.17K USD Cash + Short-term Investments

Total Assets

CN¥2.47 Billion
≈ $360.77 Million USD 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. See 600844 net asset value for net asset value and shareholders' equity analysis.

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. For market capitalisation and broader financial context, see 600844 market cap.

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
FSPG Hi-Tech Co Ltd
SHE:000973
Chemicals 8.29%
Methanex Corporation
TO:MX
Chemicals 5.50%
Xinfengming Group Co Ltd
SHG:603225
Chemicals 0.00%
Kemira Oyj
HE:KEMIRA
Chemicals 7.73%
CNNC Hua Yuan Titanium Dioxide Co Ltd
SHE:002145
Chemicals 0.26%
Lihuayi Weiyuan Chemical Co Ltd
SHG:600955
Chemicals 0.78%
Jiangxi Hungpai New Material Co Ltd
SHG:605366
Chemicals 6.26%
Guizhou Redstar Developing Co Ltd
SHG:600367
Chemicals 0.71%

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
≈ $219.50K
CN¥2.99 Billion
≈ $437.22 Million
-0.31pp
2018-12-31 0.36% CN¥12.05 Million
≈ $1.76 Million
CN¥3.39 Billion
≈ $496.38 Million
-0.14pp
2017-12-31 0.50% CN¥19.03 Million
≈ $2.78 Million
CN¥3.81 Billion
≈ $557.03 Million
+0.25pp
2014-12-31 0.25% CN¥8.17 Million
≈ $1.20 Million
CN¥3.27 Billion
≈ $478.11 Million
-0.03pp
2013-12-31 0.28% CN¥10.08 Million
≈ $1.47 Million
CN¥3.58 Billion
≈ $523.44 Million
+0.17pp
2008-12-31 0.11% CN¥1.02 Million
≈ $148.67K
CN¥935.27 Million
≈ $136.86 Million
-0.20pp
2007-12-31 0.30% CN¥2.97 Million
≈ $434.46K
CN¥976.93 Million
≈ $142.96 Million
+0.29pp
2002-12-31 0.01% CN¥194.98K
≈ $28.53K
CN¥1.66 Billion
≈ $243.09 Million
-0.66pp
1997-12-31 0.68% CN¥8.00 Million
≈ $1.17 Million
CN¥1.18 Billion
≈ $173.30 Million
-0.30pp
1996-12-31 0.97% CN¥8.08 Million
≈ $1.18 Million
CN¥831.47 Million
≈ $121.67 Million
-0.41pp
1995-12-31 1.38% CN¥8.89 Million
≈ $1.30 Million
CN¥645.62 Million
≈ $94.47 Million
--
pp = percentage points

About Danhua Chemical Technology Co Ltd A

SHG:600844 China Chemicals
Market Cap
$455.08 Million
CN¥3.11 Billion CNY
Market Cap Rank
#13082 Global
#4106 in China
Share Price
CN¥3.78
Change (1 day)
+1.34%
52-Week Range
CN¥2.86 - CN¥5.20
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