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. Read total liabilities of Ningxia Baofeng Energy Group Co Ltd for a breakdown of total debt and financial obligations.

Liquid Assets

CN¥100.00 Million
≈ $14.63 Million USD Cash + Short-term Investments

Total Assets

CN¥81.85 Billion
≈ $11.98 Billion USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2023–2023)

This chart shows how Ningxia Baofeng Energy Group Co Ltd's Asset Resilience Ratio has changed over time. See 600989 book value for net asset value and shareholders' equity analysis.

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. For market capitalisation and broader financial context, see Ningxia Baofeng Energy Group Co Ltd stock valuation.

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
Rongsheng Petrochemical Co Ltd
SHE:002493
Chemicals 0.13%
Sichuan Chemical Co Ltd
SHE:000155
Chemicals 3.90%
Bachem Holding AG
SW:BANB
Chemicals 0.00%
Suzhou Hesheng Special Material Co Ltd
SHE:002290
Chemicals 0.43%
Shenzhen Senior Technology Material Co Ltd
SHE:300568
Chemicals 0.92%
Guangdong Rongtai Industry Co Ltd
SHG:600589
Chemicals 0.00%
Anhui Wanwei Updated High-tech Material Industry Co Ltd
SHG:600063
Chemicals 0.25%
Tronox Holdings PLC
NYSE:TROX
Chemicals 0.02%

Annual Asset Resilience Ratio for Ningxia Baofeng Energy Group Co Ltd (2023–2023)

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
2023-12-31 0.07% CN¥50.00 Million
≈ $7.32 Million
CN¥71.63 Billion
≈ $10.48 Billion
--
pp = percentage points

About Ningxia Baofeng Energy Group Co Ltd

SHG:600989 China Chemicals
Market Cap
$32.94 Billion
CN¥225.13 Billion CNY
Market Cap Rank
#802 Global
#50 in China
Share Price
CN¥30.70
Change (1 day)
-1.38%
52-Week Range
CN¥15.39 - CN¥34.70
All Time High
CN¥34.70
About

Ningxia Baofeng Energy Group Co., Ltd., together with its subsidiaries, produces and sells chemical products in China and internationally. It operates through Olefin Products, Coking Products, Fine Chemical Products, and Headquarters and Other Product segments. The company offers polypropylene, coking benzene, methyl tert-butyl ether, polyethylene, refined methanol, industrial sulfur, fertilizer-… Read more