Chongqing Gas Grp Corp Ltd

SHG:600917 China Utilities - Regulated Gas
Market Cap
$1.22 Billion
CN¥8.94 Billion CNY
Market Cap Rank
#9146 Global
#1837 in China
Share Price
CN¥5.73
Change (1 day)
-1.04%
52-Week Range
CN¥5.29 - CN¥6.42
All Time High
CN¥18.50
About

Chongqing Gas Group Corporation Ltd. engages in the natural gas operation business in China and internationally. The company offers urban gas storage, transmission, distribution, and sales, as well as the design, manufacturing, installation, and maintenance of natural gas pipeline facilities and equipment. The company is developing integrated energy businesses, such as natural gas distributed ene… Read more

Chongqing Gas Grp Corp Ltd - Asset Resilience Ratio

Latest as of June 2025: 0.64%

Chongqing Gas Grp Corp Ltd (600917) has an Asset Resilience Ratio of 0.64% as of June 2025. 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¥70.00 Million
Cash + Short-term Investments
Total Assets
CN¥10.95 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2018–2024)

This chart shows how Chongqing Gas Grp Corp 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 Chongqing Gas Grp Corp 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¥70.00 Million 0.64%
Total Liquid Assets CN¥70.00 Million 0.64%

Asset Resilience Insights

  • Limited Liquidity: Chongqing Gas Grp Corp Ltd maintains only 0.64% 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.

Chongqing Gas Grp Corp Ltd Industry Peers by Asset Resilience Ratio

Compare Chongqing Gas Grp Corp Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Delong Composite Energy Group Co Ltd
SHE:000593
Utilities - Regulated Gas -4.82%
Shaanxi Meineng Clean Energy Corp. Ltd. A
SHE:001299
Utilities - Regulated Gas 19.43%
Xinjiang Haoyuan Natural Gas Co Ltd
SHE:002700
Utilities - Regulated Gas 50.66%
Foran Energy Group Co Ltd
SHE:002911
Utilities - Regulated Gas 0.96%
Samchully
KO:004690
Utilities - Regulated Gas 16.53%
Taekyung Chem
KO:006890
Utilities - Regulated Gas 5.47%
Kyungdong Gas
KO:012320
Utilities - Regulated Gas 12.34%
Yesco Holdings Co. Ltd
KO:015360
Utilities - Regulated Gas 3.57%

Annual Asset Resilience Ratio for Chongqing Gas Grp Corp Ltd (2018–2024)

The table below shows the annual Asset Resilience Ratio data for Chongqing Gas Grp Corp Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2024-12-31 0.90% CN¥100.00 Million CN¥11.08 Billion +0.67pp
2022-12-31 0.24% CN¥24.09 Million CN¥10.14 Billion -0.10pp
2021-12-31 0.34% CN¥31.00 Million CN¥9.08 Billion -21.50pp
2018-12-31 21.84% CN¥1.82 Billion CN¥8.35 Billion --
pp = percentage points