China Suntien Green Energy Corp Ltd - Asset Resilience Ratio

Latest as of September 2024: 0.37%

China Suntien Green Energy Corp Ltd (600956) has an Asset Resilience Ratio of 0.37% as of September 2024. 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¥300.00 Million
Cash + Short-term Investments

Total Assets

CN¥81.75 Billion
All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2012–2023)

This chart shows how China Suntien Green Energy 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 China Suntien Green Energy 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¥300.00 Million 0.37%
Total Liquid Assets CN¥300.00 Million 0.37%

Asset Resilience Insights

  • Limited Liquidity: China Suntien Green Energy Corp Ltd maintains only 0.37% 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.

China Suntien Green Energy Corp Ltd Industry Peers by Asset Resilience Ratio

Compare China Suntien Green Energy 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 6.79%
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 China Suntien Green Energy Corp Ltd (2012–2023)

The table below shows the annual Asset Resilience Ratio data for China Suntien Green Energy Corp Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2023-12-31 0.48% CN¥380.00 Million CN¥79.02 Billion -0.19pp
2022-12-31 0.67% CN¥520.00 Million CN¥77.41 Billion +0.65pp
2019-12-31 0.02% CN¥11.21 Million CN¥45.95 Billion -0.83pp
2015-12-31 0.85% CN¥230.00 Million CN¥26.92 Billion -0.21pp
2014-12-31 1.06% CN¥230.00 Million CN¥21.61 Billion +0.20pp
2013-12-31 0.86% CN¥150.00 Million CN¥17.41 Billion -0.47pp
2012-12-31 1.33% CN¥203.00 Million CN¥15.26 Billion --
pp = percentage points

About China Suntien Green Energy Corp Ltd

SHG:600956 China Utilities - Regulated Gas
Market Cap
$2.82 Billion
CN¥19.29 Billion CNY
Market Cap Rank
#5100 Global
#946 in China
Share Price
CN¥8.15
Change (1 day)
+0.99%
52-Week Range
CN¥7.10 - CN¥10.31
All Time High
CN¥20.36
About

China Suntien Green Energy Corporation Limited, together with its subsidiaries, develops and utilizes clean energy in Mainland China. The company operates through three segments: Natural Gas, Wind Power and Solar Power, and Other. It is involved in selling natural gas and gas appliances; provision of construction and connection services for natural gas pipelines; development, management, and oper… Read more