Nanjing Tanker Corp - Asset Resilience Ratio
Nanjing Tanker Corp (601975) has an Asset Resilience Ratio of 0.05% as of September 2003. 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 working capital to net assets of Nanjing Tanker Corp to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (1994–2001)
This chart shows how Nanjing Tanker Corp's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see total assets of Nanjing Tanker Corp.
Liquid Assets Composition Over Time
This chart breaks down Nanjing Tanker Corp's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Read 601975 liabilities breakdown for a breakdown of total debt and financial obligations.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥697.00K | 0.05% |
| Total Liquid Assets | CN¥697.00K | 0.05% |
Asset Resilience Insights
- Limited Liquidity: Nanjing Tanker Corp maintains only 0.05% 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.
Nanjing Tanker Corp Industry Peers by Asset Resilience Ratio
Compare Nanjing Tanker Corp's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
AltaGas Ltd
TO:ALA |
Oil & Gas Midstream | 0.37% |
|
Scorpio Tankers Inc
NYSE:STNG |
Oil & Gas Midstream | 0.00% |
|
Golar LNG Limited
F:G2O |
Oil & Gas Midstream | 0.00% |
|
Dorian LPG Ltd
NYSE:LPG |
Oil & Gas Midstream | 15.07% |
|
Shanxi Guoxin Energy Co Ltd A
SHG:600617 |
Oil & Gas Midstream | 0.11% |
|
Permian Basin Royalty Trust
NYSE:PBT |
Oil & Gas Midstream | 91.34% |
|
Hunter Group ASA
OL:HUNT |
Oil & Gas Midstream | 19.14% |
|
Transportadora de Gas del Norte SA Class C
BA:TGNO4 |
Oil & Gas Midstream | 19.11% |
Annual Asset Resilience Ratio for Nanjing Tanker Corp (1994–2001)
The table below shows the annual Asset Resilience Ratio data for Nanjing Tanker Corp.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2001-12-31 | 0.45% | CN¥4.34 Million ≈ $635.73K |
CN¥959.70 Million ≈ $140.43 Million |
-16.32pp |
| 2000-12-31 | 16.77% | CN¥160.57 Million ≈ $23.50 Million |
CN¥957.49 Million ≈ $140.11 Million |
+8.53pp |
| 1999-12-31 | 8.24% | CN¥70.99 Million ≈ $10.39 Million |
CN¥861.59 Million ≈ $126.08 Million |
+6.36pp |
| 1996-12-31 | 1.88% | CN¥5.86 Million ≈ $857.10K |
CN¥312.34 Million ≈ $45.71 Million |
-3.69pp |
| 1995-12-31 | 5.57% | CN¥18.32 Million ≈ $2.68 Million |
CN¥329.06 Million ≈ $48.15 Million |
+0.39pp |
| 1994-12-31 | 5.18% | CN¥15.34 Million ≈ $2.24 Million |
CN¥296.24 Million ≈ $43.35 Million |
-- |
About Nanjing Tanker Corp
Nanjing Tanker Corporation, together with its subsidiaries, engages in the tanker transportation business in China and internationally. The company operates vessels and offers small and medium-sized liquid cargo transportation services for crude and refined oil, chemical, and gas. It also provides crew resource management, labor dispatch, and leasing services. The company was formerly known as Na… Read more