Chongqing Gas Grp Corp Ltd - Asset Resilience Ratio
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. Read debt load of Chongqing Gas Grp Corp Ltd for a breakdown of total debt and financial obligations.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2018–2024)
This chart shows how Chongqing Gas Grp Corp Ltd's Asset Resilience Ratio has changed over time. See shareholders equity of Chongqing Gas Grp Corp Ltd for net asset value and shareholders' equity analysis.
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. For market capitalisation and broader financial context, see how much is Chongqing Gas Grp Corp Ltd worth.
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 |
|---|---|---|
|
GAIL (India) Limited
NSE:GAIL |
Utilities - Regulated Gas | 1.89% |
|
One Gas Inc
NYSE:OGS |
Utilities - Regulated Gas | 0.12% |
|
Equus Energy Ltd
AU:EQU |
Utilities - Regulated Gas | 97.23% |
|
Hsin Tai Gas Co Ltd
TWO:8917 |
Utilities - Regulated Gas | 32.43% |
|
Metrogas SA
BA:METR |
Utilities - Regulated Gas | 0.03% |
|
Naturgy BAN SA
BA:GBAN |
Utilities - Regulated Gas | 6.33% |
|
Camuzzi Gas Pampeana SA
BA:CGPA2 |
Utilities - Regulated Gas | 4.89% |
|
Distribuidora de Gas Cuyana SA
BA:DGCU2 |
Utilities - Regulated Gas | 3.89% |
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 ≈ $14.63 Million |
CN¥11.08 Billion ≈ $1.62 Billion |
+0.67pp |
| 2022-12-31 | 0.24% | CN¥24.09 Million ≈ $3.53 Million |
CN¥10.14 Billion ≈ $1.48 Billion |
-0.10pp |
| 2021-12-31 | 0.34% | CN¥31.00 Million ≈ $4.54 Million |
CN¥9.08 Billion ≈ $1.33 Billion |
-21.50pp |
| 2018-12-31 | 21.84% | CN¥1.82 Billion ≈ $266.95 Million |
CN¥8.35 Billion ≈ $1.22 Billion |
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About Chongqing Gas Grp Corp Ltd
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