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 Zhejiang Oceanking Development Co Ltd working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (None–None)
This chart shows how Zhejiang Oceanking Development Co Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Zhejiang Oceanking Development Co Ltd (603213) total assets.
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. Read 603213 total debt and obligations 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¥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 |
|---|---|---|
|
Methanex Corporation
TO:MX |
Chemicals | 5.85% |
|
Sichuan Em Technology Co Ltd
SHG:601208 |
Chemicals | 0.34% |
|
Tangshan Sunfar Silicon Ind
SHG:603938 |
Chemicals | 11.43% |
|
Solvac S.A.
BR:SOLV |
Chemicals | 0.00% |
|
Robertet SA
PA:RBT |
Chemicals | 3.83% |
|
Anhui Hwasu Co.Ltd.
SHG:600935 |
Chemicals | 3.81% |
|
Shanghai Zhongyida Co Ltd A
SHG:600610 |
Chemicals | 1.09% |
|
Shandong Jincheng Pharmaceutical and Chemical Co Ltd
SHE:300233 |
Chemicals | 3.45% |
Annual Asset Resilience Ratio for Zhejiang Oceanking Development Co Ltd (None–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