Shuifa Energas Gas Co Ltd - Asset Resilience Ratio

Latest as of June 2024: 6.77%

Shuifa Energas Gas Co Ltd (603318) has an Asset Resilience Ratio of 6.77% 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 working capital position of Shuifa Energas Gas Co Ltd to evaluate short-term liquidity relative to the company's equity base.

Liquid Assets

CN¥299.68 Million

≈ $43.85 Million USD Cash + Short-term Investments

Total Assets

CN¥4.43 Billion

≈ $647.53 Million USD All company assets

Resilience Assessment

Low

Financial Resilience Level

Asset Resilience Ratio Trend (2018–2023)

This chart shows how Shuifa Energas Gas Co Ltd's Asset Resilience Ratio has changed over time. For the complete balance sheet picture, see Shuifa Energas Gas Co Ltd total assets.

Liquid Assets Composition Over Time

This chart breaks down Shuifa Energas Gas Co Ltd's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. Explore Shuifa Energas Gas Co Ltd strategic investment ratio to see how much of total assets are deployed in long-term investments.

Current Liquid Assets Breakdown

Component	Amount	% of Total Assets
Cash & Equivalents	CN¥0.00	0%
Short-term Investments	CN¥299.68 Million	6.77%
Total Liquid Assets	CN¥299.68 Million	6.77%

Asset Resilience Insights

Limited Liquidity: Shuifa Energas Gas Co Ltd maintains only 6.77% 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.

Shuifa Energas Gas Co Ltd Industry Peers by Asset Resilience Ratio

Compare Shuifa Energas Gas Co Ltd's asset resilience ratio with other companies in the same industry.

Company	Industry	Asset Resilience Ratio
SeaBird Exploration Plc OL:SBX	Oil & Gas Equipment & Services	3.76%
Zhejiang Renzhi Co Ltd SHE:002629	Oil & Gas Equipment & Services	38.15%
S.D. STANDARD ETC DL-03 F:S1P	Oil & Gas Equipment & Services	35.30%
Worley Ltd AU:WOR	Oil & Gas Equipment & Services	-1.28%
Exmar NV BR:EXM	Oil & Gas Equipment & Services	0.15%
Lupatech S.A SA:LUPA3	Oil & Gas Equipment & Services	0.43%
OSX Brasil S.A SA:OSXB3	Oil & Gas Equipment & Services	1.35%
CES Energy Solutions Corp TO:CEU	Oil & Gas Equipment & Services	11.28%

Annual Asset Resilience Ratio for Shuifa Energas Gas Co Ltd (2018–2023)

The table below shows the annual Asset Resilience Ratio data for Shuifa Energas Gas Co Ltd.

Year	Asset Resilience Ratio (%)	Liquid Assets	Total Assets	Change
2023-12-31	-0.46%	CN¥-20.76 Million ≈ $-3.04 Million	CN¥4.56 Billion ≈ $667.55 Million	-0.62pp
2020-12-31	0.16%	CN¥5.00 Million ≈ $731.66K	CN¥3.03 Billion ≈ $443.88 Million	-5.24pp
2018-12-31	5.41%	CN¥114.75 Million ≈ $16.79 Million	CN¥2.12 Billion ≈ $310.43 Million	--

pp = percentage points

About Shuifa Energas Gas Co Ltd

SHG:603318 China Oil & Gas Equipment & Services

Market Cap

$629.44 Million

CN¥4.30 Billion CNY

Market Cap Rank

#11226 Global

#3164 in China

Share Price

CN¥9.37

Change (1 day)

+0.64%

52-Week Range

CN¥6.40 - CN¥14.55

All Time High

CN¥32.45