Ningxia Baofeng Energy Group Co Ltd

SHG:600989 China Chemicals
Market Cap
$34.68 Billion
CN¥254.47 Billion CNY
Market Cap Rank
#1710 Global
#87 in China
Share Price
CN¥34.70
Change (1 day)
+2.88%
52-Week Range
CN¥14.30 - CN¥34.70
All Time High
CN¥34.70
About

Ningxia Baofeng Energy Group Co., Ltd., together with its subsidiaries, produces and sells methanol and olefin products in China. It is also involved in coal mining, washing, coking production, and other production and operation processes; produces and processes coal tar, crude benzene, and C4 deep-processed products; and investment and financing activities. Ningxia Baofeng Energy Group Co., Ltd.… Read more

Ningxia Baofeng Energy Group Co Ltd - Asset Resilience Ratio

Latest as of June 2024: 0.12%

Ningxia Baofeng Energy Group Co Ltd (600989) has an Asset Resilience Ratio of 0.12% as of June 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¥100.00 Million
Cash + Short-term Investments
Total Assets
CN¥81.85 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (None–None)

This chart shows how Ningxia Baofeng Energy Group Co 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 Ningxia Baofeng Energy Group Co 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¥100.00 Million 0.12%
Total Liquid Assets CN¥100.00 Million 0.12%

Asset Resilience Insights

  • Limited Liquidity: Ningxia Baofeng Energy Group Co Ltd maintains only 0.12% 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.

Ningxia Baofeng Energy Group Co Ltd Industry Peers by Asset Resilience Ratio

Compare Ningxia Baofeng Energy Group Co Ltd's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Renxin New Material Co. Ltd. A
SHE:301395
Chemicals 0.66%
Engro Corporation Ltd
KAR:ENGRO
Chemicals 5.52%
Fatima Fertilizer Company Ltd
KAR:FATIMA
Chemicals 5.64%
North Huajin Chemical Industries Co Ltd
SHE:000059
Chemicals -1.48%
Jiangsu Wujiang China Eastern Silk Market Co Ltd
SHE:000301
Chemicals 0.00%
Zangge Holding Co Ltd
SHE:000408
Chemicals 0.32%
Sichuan Jinlu Group Co Ltd
SHE:000510
Chemicals 0.76%
Jilin Gpro Titanium Industry Co Ltd
SHE:000545
Chemicals -9.84%

Annual Asset Resilience Ratio for Ningxia Baofeng Energy Group Co Ltd (None–None)

The table below shows the annual Asset Resilience Ratio data for Ningxia Baofeng Energy Group Co Ltd.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
No yearly data available.
pp = percentage points