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. Check China Suntien Green Energy Corp Ltd strategic capital allocation to assess the company's strategic physical and investment asset allocation.

Liquid Assets

CN¥300.00 Million
≈ $43.90 Million USD Cash + Short-term Investments

Total Assets

CN¥81.75 Billion
≈ $11.96 Billion USD 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. See net asset quality index of China Suntien Green Energy Corp Ltd to measure how much of total assets are equity-financed.

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. For market capitalisation and broader financial context, see China Suntien Green Energy Corp Ltd market capitalisation.

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
Gas Malaysia Bhd
KLSE:5209
Utilities - Regulated Gas 15.05%
Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi AS
IS:BASGZ
Utilities - Regulated Gas 3.66%
Metrogas SA
BA:METR
Utilities - Regulated Gas 0.18%
Xinjiang Torch Gas Co Ltd
SHG:603080
Utilities - Regulated Gas 0.25%
SHANGH.DAZ.PUBL.UTIL.YC 1
F:6WL
Utilities - Regulated Gas 2.38%
Equus Energy Ltd
AU:EQU
Utilities - Regulated Gas 95.68%
Naturgy BAN SA
BA:GBAN
Utilities - Regulated Gas 6.33%
Camuzzi Gas Pampeana SA
BA:CGPA2
Utilities - Regulated Gas 2.84%

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
≈ $55.61 Million
CN¥79.02 Billion
≈ $11.56 Billion
-0.19pp
2022-12-31 0.67% CN¥520.00 Million
≈ $76.09 Million
CN¥77.41 Billion
≈ $11.33 Billion
+0.65pp
2019-12-31 0.02% CN¥11.21 Million
≈ $1.64 Million
CN¥45.95 Billion
≈ $6.72 Billion
-0.83pp
2015-12-31 0.85% CN¥230.00 Million
≈ $33.66 Million
CN¥26.92 Billion
≈ $3.94 Billion
-0.21pp
2014-12-31 1.06% CN¥230.00 Million
≈ $33.66 Million
CN¥21.61 Billion
≈ $3.16 Billion
+0.20pp
2013-12-31 0.86% CN¥150.00 Million
≈ $21.95 Million
CN¥17.41 Billion
≈ $2.55 Billion
-0.47pp
2012-12-31 1.33% CN¥203.00 Million
≈ $29.71 Million
CN¥15.26 Billion
≈ $2.23 Billion
--
pp = percentage points

About China Suntien Green Energy Corp Ltd

SHG:600956 China Utilities - Regulated Gas
Market Cap
$2.66 Billion
CN¥18.18 Billion CNY
Market Cap Rank
#5398 Global
#1046 in China
Share Price
CN¥7.68
Change (1 day)
-5.07%
52-Week Range
CN¥7.25 - 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