Nanjing Chemical Fibre Co Ltd - Asset Resilience Ratio
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. Read Nanjing Chemical Fibre Co Ltd total liabilities for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (1996–2022)
This chart shows how Nanjing Chemical Fibre Co Ltd's Asset Resilience Ratio has changed over time. See Nanjing Chemical Fibre Co Ltd shareholders equity for net asset value and shareholders' equity analysis.
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. For market capitalisation and broader financial context, see 600889 market cap.
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 |
|---|---|---|
|
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 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 ≈ $26.76 Million |
CN¥1.92 Billion ≈ $281.49 Million |
-5.16pp |
| 2021-12-31 | 14.66% | CN¥309.67 Million ≈ $45.31 Million |
CN¥2.11 Billion ≈ $309.02 Million |
+0.87pp |
| 2020-12-31 | 13.79% | CN¥318.45 Million ≈ $46.60 Million |
CN¥2.31 Billion ≈ $337.93 Million |
-21.10pp |
| 2019-12-31 | 34.89% | CN¥673.14 Million ≈ $98.50 Million |
CN¥1.93 Billion ≈ $282.34 Million |
-1.22pp |
| 2018-12-31 | 36.10% | CN¥758.50 Million ≈ $110.99 Million |
CN¥2.10 Billion ≈ $307.43 Million |
+28.90pp |
| 2017-12-31 | 7.21% | CN¥133.00 Million ≈ $19.46 Million |
CN¥1.85 Billion ≈ $270.04 Million |
-6.30pp |
| 2016-12-31 | 13.51% | CN¥301.00 Million ≈ $44.05 Million |
CN¥2.23 Billion ≈ $326.09 Million |
+9.62pp |
| 2015-12-31 | 3.89% | CN¥84.50 Million ≈ $12.37 Million |
CN¥2.17 Billion ≈ $317.69 Million |
+3.55pp |
| 2014-12-31 | 0.34% | CN¥10.00 Million ≈ $1.46 Million |
CN¥2.93 Billion ≈ $428.19 Million |
+0.26pp |
| 2012-12-31 | 0.08% | CN¥2.96 Million ≈ $432.51K |
CN¥3.55 Billion ≈ $519.72 Million |
0.00pp |
| 2011-12-31 | 0.08% | CN¥3.01 Million ≈ $440.14K |
CN¥3.55 Billion ≈ $519.33 Million |
+0.06pp |
| 2010-12-31 | 0.03% | CN¥953.80K ≈ $139.57K |
CN¥3.58 Billion ≈ $523.54 Million |
-1.91pp |
| 2002-12-31 | 1.93% | CN¥15.02 Million ≈ $2.20 Million |
CN¥777.29 Million ≈ $113.74 Million |
+1.88pp |
| 2001-12-31 | 0.05% | CN¥332.21K ≈ $48.61K |
CN¥678.41 Million ≈ $99.27 Million |
-0.02pp |
| 2000-12-31 | 0.07% | CN¥427.32K ≈ $62.53K |
CN¥618.32 Million ≈ $90.48 Million |
+0.01pp |
| 1999-12-31 | 0.06% | CN¥299.96K ≈ $43.89K |
CN¥520.77 Million ≈ $76.21 Million |
-0.77pp |
| 1998-12-31 | 0.83% | CN¥11.73 Million ≈ $1.72 Million |
CN¥1.41 Billion ≈ $206.99 Million |
-4.47pp |
| 1997-12-31 | 5.30% | CN¥66.90 Million ≈ $9.79 Million |
CN¥1.26 Billion ≈ $184.61 Million |
+1.60pp |
| 1996-12-31 | 3.70% | CN¥15.05 Million ≈ $2.20 Million |
CN¥406.50 Million ≈ $59.48 Million |
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About Nanjing Chemical Fibre Co Ltd
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.