Zhejiang Oceanking Development Co Ltd Asset Resilience Ratio
Zhejiang Oceanking Development Co Ltd asset resilience ratio. Zhejiang Oceanking Development Co Ltd (603213) has an Asset Resilience Ratio of 1.79% 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 defensive interval ratio of Zhejiang Oceanking Development Co Ltd to measure how many days the company can operate on defensive assets alone.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio of Zhejiang Oceanking Development Co Ltd (None–None)
Asset resilience ratio of Zhejiang Oceanking Development Co Ltd from None to None. This chart shows how Zhejiang Oceanking Development Co Ltd's Asset Resilience Ratio has changed over time. Read Zhejiang Oceanking Development Co Ltd (603213) financial obligations for a breakdown of total debt and financial obligations.
Liquid Assets Composition Over Time
This chart breaks down Zhejiang Oceanking Development 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 Zhejiang Oceanking Development Co Ltd assets under control.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥60.00 Million | 1.79% |
| Total Liquid Assets | CN¥60.00 Million | 1.79% |
Asset Resilience Insights
- Limited Liquidity: Zhejiang Oceanking Development Co Ltd maintains only 1.79% 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.
Zhejiang Oceanking Development Co Ltd Industry Peers by Asset Resilience Ratio
Compare Zhejiang Oceanking Development Co Ltd's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Solvac S.A.
BR:SOLV |
Chemicals | 0.00% |
|
Zangge Holding Co Ltd
SHE:000408 |
Chemicals | 2.30% |
|
Jiangxi Ganfeng Lithium Co Ltd
SHE:002460 |
Chemicals | 0.01% |
|
Zhejiang Sanmei Chemical Industry Co Ltd
SHG:603379 |
Chemicals | 9.41% |
|
FSPG Hi-Tech Co Ltd
SHE:000973 |
Chemicals | 8.29% |
|
North Chemical Industries Co Ltd
SHE:002246 |
Chemicals | 5.14% |
|
Robertet SA
PA:RBT |
Chemicals | 3.83% |
|
Shanghai Pret Composites
SHE:002324 |
Chemicals | 0.27% |
Zhejiang Oceanking Development Co Ltd Asset Resilience Ratio by Year (None–None)
Zhejiang Oceanking Development Co Ltd asset resilience ratio by year from None to None. The table below shows the annual Asset Resilience Ratio data for Zhejiang Oceanking Development Co Ltd.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| No yearly data available. | ||||
About Zhejiang Oceanking Development Co Ltd
Zhejiang Oceanking Development Co., Ltd. engages in the research, development, production, and sale of chlor-alkali-related products. It offers PVC, caustic soda, liquid chlorine, chlorinated paraffin, sodium hypochlorite, epichlorohydrin (ECH), high purity hydrogen, polyvinyl chloride, and high purity hydrochloric acid, as well as methyl isobutyl ketone and other products. The company was incorp… Read more