Nanjing Tanker Corp - Asset Resilience Ratio

Latest as of September 2003: 0.05%

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

CN¥697.00K
≈ $101.99K USD Cash + Short-term Investments

Total Assets

CN¥1.40 Billion
≈ $204.90 Million USD All company assets

Resilience Assessment

Low
Financial Resilience Level

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
--
pp = percentage points

About Nanjing Tanker Corp

SHG:601975 China Oil & Gas Midstream
Market Cap
$3.16 Billion
CN¥21.62 Billion CNY
Market Cap Rank
#4763 Global
#777 in China
Share Price
CN¥4.62
Change (1 day)
+0.87%
52-Week Range
CN¥2.98 - CN¥5.80
All Time High
CN¥6.08
About

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