Jingsu Jingshen Salt&Chem - Asset Resilience Ratio

Latest as of June 2024: 4.62%

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. Read 603299 current and long-term liabilities for a breakdown of total debt and financial obligations.

Liquid Assets

CN¥500.00 Million

≈ $73.17 Million USD Cash + Short-term Investments

Total Assets

CN¥10.82 Billion

≈ $1.58 Billion USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio Trend (2016–2023)

This chart shows how Jingsu Jingshen Salt&Chem's Asset Resilience Ratio has changed over time. See Jingsu Jingshen Salt&Chem (603299) net assets for net asset value and shareholders' equity analysis.

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. For market capitalisation and broader financial context, see 603299 stock market capitalisation.

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
Rongsheng Petrochemical Co Ltd SHE:002493	Chemicals	0.13%
Hoshine Silicon Ind Co Ltd SHG:603260	Chemicals	0.01%
Youngy Co Ltd SHE:002192	Chemicals	7.04%
Guizhou Chanhen Chemical Corp SHE:002895	Chemicals	4.76%
Sinofibers Technology Co Ltd SHE:300777	Chemicals	21.94%
Shaanxi Lighte Optoelectronics Material Co. Ltd. A SHG:688150	Chemicals	26.75%
Hunan Boyun New Materials Co Ltd SHE:002297	Chemicals	1.91%
Solvac S.A. BR:SOLV	Chemicals	0.00%

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 ≈ $55.61 Million	CN¥10.11 Billion ≈ $1.48 Billion	-4.31pp
2022-12-31	8.07%	CN¥784.88 Million ≈ $114.85 Million	CN¥9.72 Billion ≈ $1.42 Billion	+3.61pp
2021-12-31	4.46%	CN¥360.78 Million ≈ $52.79 Million	CN¥8.08 Billion ≈ $1.18 Billion	+3.35pp
2017-12-31	1.11%	CN¥50.00 Million ≈ $7.32 Million	CN¥4.50 Billion ≈ $658.38 Million	-1.12pp
2016-12-31	2.23%	CN¥100.00 Million ≈ $14.63 Million	CN¥4.48 Billion ≈ $655.68 Million	--

pp = percentage points

About Jingsu Jingshen Salt&Chem

SHG:603299 China Chemicals

Market Cap

$1.24 Billion

CN¥8.50 Billion CNY

Market Cap Rank

#8177 Global

#2070 in China

Share Price

CN¥10.87

Change (1 day)

-1.27%

52-Week Range

CN¥9.38 - CN¥12.35

All Time High

CN¥22.58