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. Read debt load of Chongqing Gas Grp Corp Ltd for a breakdown of total debt and financial obligations.

Liquid Assets

CN¥70.00 Million
≈ $10.24 Million USD Cash + Short-term Investments

Total Assets

CN¥10.95 Billion
≈ $1.60 Billion USD 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. 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
--
pp = percentage points

About Chongqing Gas Grp Corp Ltd

SHG:600917 China Utilities - Regulated Gas
Market Cap
$1.20 Billion
CN¥8.23 Billion CNY
Market Cap Rank
#8327 Global
#2134 in China
Share Price
CN¥5.27
Change (1 day)
-0.38%
52-Week Range
CN¥5.24 - 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