Ningxia Baofeng Energy Group Co Ltd Asset Resilience Ratio
Ningxia Baofeng Energy Group Co Ltd asset resilience ratio. 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. See 600989 cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Ningxia Baofeng Energy Group Co Ltd (2023–2023)
Asset resilience ratio of Ningxia Baofeng Energy Group Co Ltd from 2023 to 2023. This chart shows how Ningxia Baofeng Energy Group Co Ltd's Asset Resilience Ratio has changed over time. Read Ningxia Baofeng Energy Group Co Ltd (600989) total liabilities for a breakdown of total debt and financial obligations.
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 the complete balance sheet picture, see total assets of Ningxia Baofeng Energy Group Co Ltd.
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 |
|---|---|---|
|
Cathay Biotech Inc
SHG:688065 |
Chemicals | 0.00% |
|
Dongyue Group Limited
F:4D3 |
Chemicals | 1.59% |
|
Shandong Shida Shenghua Chem
SHG:603026 |
Chemicals | 0.04% |
|
Yuanli Chemical Group Co Ltd
SHG:603217 |
Chemicals | 3.94% |
|
Nanjing Chemical Fibre Co Ltd
SHG:600889 |
Chemicals | 5.71% |
|
Yunnan Yunwei Co Ltd Class A
SHG:600725 |
Chemicals | 5.66% |
|
Jiangxi Chen Guang New Materials Co Ltd
SHG:605399 |
Chemicals | 3.36% |
|
Shaanxi Xinghua Chemistry Co Ltd
SHE:002109 |
Chemicals | 0.00% |
Ningxia Baofeng Energy Group Co Ltd Asset Resilience Ratio by Year (2023–2023)
Ningxia Baofeng Energy Group Co Ltd asset resilience ratio by year from 2023 to 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 |
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About Ningxia Baofeng Energy Group Co Ltd
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