Nanjing Chemical Fibre Co Ltd

SHG:600889 China Chemicals
Market Cap
$801.37 Million
CN¥5.88 Billion CNY
Market Cap Rank
#11547 Global
#2730 in China
Share Price
CN¥16.05
Change (1 day)
-2.85%
52-Week Range
CN¥13.88 - CN¥18.45
All Time High
CN¥24.79
Categories
Companies in China Chemicals
About

Nanjing Chemical Fiber Co., Ltd. engages in the viscose fiber production in China and internationally. The company offers viscose staple fiber, lyocell fibers, and PET foam materials. It is also involved in the urban ecological water supply business. Nanjing Chemical Fiber Co., Ltd. was founded in 1964 and is based in Nanjing, China.

Nanjing Chemical Fibre Co Ltd - Asset Resilience Ratio

Latest as of March 2023: 5.71%

Nanjing Chemical Fibre Co Ltd (600889) has an Asset Resilience Ratio of 5.71% as of March 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.

Liquid Assets
CN¥108.28 Million
Cash + Short-term Investments
Total Assets
CN¥1.90 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (1996–2022)

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

Liquid Assets Composition Over Time

This chart breaks down Nanjing Chemical Fibre Co Ltd'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¥108.28 Million 5.71%
Total Liquid Assets CN¥108.28 Million 5.71%

Asset Resilience Insights

  • Limited Liquidity: Nanjing Chemical Fibre Co Ltd maintains only 5.71% 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.

Nanjing Chemical Fibre Co Ltd Industry Peers by Asset Resilience Ratio

Compare Nanjing Chemical Fibre Co Ltd'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 Nanjing Chemical Fibre Co Ltd (1996–2022)

The table below shows the annual Asset Resilience Ratio data for Nanjing Chemical Fibre Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2022-12-31 9.51% CN¥182.86 Million CN¥1.92 Billion -5.16pp
2021-12-31 14.66% CN¥309.67 Million CN¥2.11 Billion +0.87pp
2020-12-31 13.79% CN¥318.45 Million CN¥2.31 Billion -21.10pp
2019-12-31 34.89% CN¥673.14 Million CN¥1.93 Billion -1.22pp
2018-12-31 36.10% CN¥758.50 Million CN¥2.10 Billion +28.90pp
2017-12-31 7.21% CN¥133.00 Million CN¥1.85 Billion -6.30pp
2016-12-31 13.51% CN¥301.00 Million CN¥2.23 Billion +9.62pp
2015-12-31 3.89% CN¥84.50 Million CN¥2.17 Billion +3.55pp
2014-12-31 0.34% CN¥10.00 Million CN¥2.93 Billion +0.26pp
2012-12-31 0.08% CN¥2.96 Million CN¥3.55 Billion 0.00pp
2011-12-31 0.08% CN¥3.01 Million CN¥3.55 Billion +0.06pp
2010-12-31 0.03% CN¥953.80K CN¥3.58 Billion -1.91pp
2002-12-31 1.93% CN¥15.02 Million CN¥777.29 Million +1.88pp
2001-12-31 0.05% CN¥332.21K CN¥678.41 Million -0.02pp
2000-12-31 0.07% CN¥427.32K CN¥618.32 Million +0.01pp
1999-12-31 0.06% CN¥299.96K CN¥520.77 Million -0.77pp
1998-12-31 0.83% CN¥11.73 Million CN¥1.41 Billion -4.47pp
1997-12-31 5.30% CN¥66.90 Million CN¥1.26 Billion +1.60pp
1996-12-31 3.70% CN¥15.05 Million CN¥406.50 Million --
pp = percentage points