Sinopec Oilfield Service Corp - Asset Resilience Ratio
Sinopec Oilfield Service Corp (600871) has an Asset Resilience Ratio of 0.06% as of December 2018. 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 how liquid is Sinopec Oilfield Service Corp's working capital to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (1996–2018)
This chart shows how Sinopec Oilfield Service Corp's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see balance sheet size of Sinopec Oilfield Service Corp.
Liquid Assets Composition Over Time
This chart breaks down Sinopec Oilfield Service Corp's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore investment intensity of Sinopec Oilfield Service Corp to see how much of total assets are deployed in long-term investments.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥35.41 Million | 0.06% |
| Total Liquid Assets | CN¥35.41 Million | 0.06% |
Asset Resilience Insights
- Limited Liquidity: Sinopec Oilfield Service Corp maintains only 0.06% 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.
Sinopec Oilfield Service Corp Industry Peers by Asset Resilience Ratio
Compare Sinopec Oilfield Service Corp's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Valaris Ltd
NYSE:VAL |
Oil & Gas Drilling | 11.30% |
|
Odfjell Drilling Ltd
OL:ODL |
Oil & Gas Drilling | 0.07% |
|
Dolphin Drilling AS
OL:DDRIL |
Oil & Gas Drilling | 14.02% |
|
Precision Drilling Corporation
TO:PD |
Oil & Gas Drilling | 39.70% |
|
PHX Energy Services Corporation
TO:PHX |
Oil & Gas Drilling | 1.81% |
|
Western Energy Services Corp.
TO:WRG |
Oil & Gas Drilling | 0.70% |
|
Stampede Drilling Inc
V:SDI |
Oil & Gas Drilling | 17.84% |
|
XinJiang Beiken Energy Engineering Stock Co Ltd
SHE:002828 |
Oil & Gas Drilling | 10.37% |
Annual Asset Resilience Ratio for Sinopec Oilfield Service Corp (1996–2018)
The table below shows the annual Asset Resilience Ratio data for Sinopec Oilfield Service Corp.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2018-12-31 | 0.06% | CN¥35.41 Million ≈ $5.18 Million |
CN¥60.90 Billion ≈ $8.91 Billion |
+0.01pp |
| 2017-12-31 | 0.05% | CN¥32.73 Million ≈ $4.79 Million |
CN¥61.94 Billion ≈ $9.06 Billion |
-6.59pp |
| 2010-12-31 | 6.64% | CN¥699.71 Million ≈ $102.39 Million |
CN¥10.53 Billion ≈ $1.54 Billion |
+3.39pp |
| 1997-12-31 | 3.26% | CN¥420.00 Million ≈ $61.46 Million |
CN¥12.89 Billion ≈ $1.89 Billion |
+3.04pp |
| 1996-12-31 | 0.22% | CN¥30.17 Million ≈ $4.41 Million |
CN¥13.56 Billion ≈ $1.98 Billion |
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About Sinopec Oilfield Service Corp
Sinopec Oilfield Service Corporation provides integrated petroleum engineering and oilfield technical services in China and internationally. It offers data acquisition, processing, interpretation to technology research and development, equipment manufacturing, and reservoir service delivering integrated geophysical solutions and support for oil and gas fields; and drilling and completion, drillin… Read more