Jingsu Jingshen Salt&Chem
Jiang Su Suyan Jingshen Co.,Ltd. engages in the mining, research, production, distribution, and sale of salt and salt chemicals in China. The company offers two-alkali and small industrial salt, edible salts, soda ash, calcium chloride, baking soda, and other products. The company was formerly known as Jiangsu Jingshen Salt & Chemical Industry Co., Ltd. and changed its name to Jiang Su Suyan Jing… Read more
Jingsu Jingshen Salt&Chem - Asset Resilience Ratio
Jingsu Jingshen Salt&Chem (603299) has an Asset Resilience Ratio of 4.62% 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.
Liquid Assets
Total Assets
Resilience Assessment
Asset Resilience Ratio Trend (2016–2023)
This chart shows how Jingsu Jingshen Salt&Chem's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.
Liquid Assets Composition Over Time
This chart breaks down Jingsu Jingshen Salt&Chem's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.
Current Liquid Assets Breakdown
| Component | Amount | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CN¥0.00 | 0% |
| Short-term Investments | CN¥500.00 Million | 4.62% |
| Total Liquid Assets | CN¥500.00 Million | 4.62% |
Asset Resilience Insights
- Limited Liquidity: Jingsu Jingshen Salt&Chem maintains only 4.62% 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.
Jingsu Jingshen Salt&Chem Industry Peers by Asset Resilience Ratio
Compare Jingsu Jingshen Salt&Chem's asset resilience ratio with other companies in the same industry.
| Company | Industry | Asset Resilience Ratio |
|---|---|---|
|
Renxin New Material Co. Ltd. A
SHE:301395 |
Chemicals | 0.66% |
|
Engro Corporation Ltd
KAR:ENGRO |
Chemicals | 5.52% |
|
Fatima Fertilizer Company Ltd
KAR:FATIMA |
Chemicals | 5.64% |
|
North Huajin Chemical Industries Co Ltd
SHE:000059 |
Chemicals | -1.48% |
|
Jiangsu Wujiang China Eastern Silk Market Co Ltd
SHE:000301 |
Chemicals | 0.00% |
|
Zangge Holding Co Ltd
SHE:000408 |
Chemicals | 0.32% |
|
Sichuan Jinlu Group Co Ltd
SHE:000510 |
Chemicals | 0.76% |
|
Jilin Gpro Titanium Industry Co Ltd
SHE:000545 |
Chemicals | -9.84% |
Annual Asset Resilience Ratio for Jingsu Jingshen Salt&Chem (2016–2023)
The table below shows the annual Asset Resilience Ratio data for Jingsu Jingshen Salt&Chem.
| Year | Asset Resilience Ratio (%) | Liquid Assets | Total Assets | Change |
|---|---|---|---|---|
| 2023-12-31 | 3.76% | CN¥380.04 Million | CN¥10.11 Billion | -4.31pp |
| 2022-12-31 | 8.07% | CN¥784.88 Million | CN¥9.72 Billion | +3.61pp |
| 2021-12-31 | 4.46% | CN¥360.78 Million | CN¥8.08 Billion | +3.35pp |
| 2017-12-31 | 1.11% | CN¥50.00 Million | CN¥4.50 Billion | -1.12pp |
| 2016-12-31 | 2.23% | CN¥100.00 Million | CN¥4.48 Billion | -- |