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. Check Shuifa Energas Gas Co Ltd PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.

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. See Shuifa Energas Gas Co Ltd (603318) net asset quality to measure how much of total assets are equity-financed.

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. For market capitalisation and broader financial context, see 603318 company net worth.

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
Enerflex Ltd. TO:EFX	Oil & Gas Equipment & Services	1.61%
Jindal Drilling And Industries Limited NSE:JINDRILL	Oil & Gas Equipment & Services	8.61%
South West Pinnacle Exploration Limited NSE:SOUTHWEST	Oil & Gas Equipment & Services	4.10%
Ginting Jaya Energi JK:WOWS	Oil & Gas Equipment & Services	0.00%
THALASSA HLDG.NEW DL-01 F:TH2P	Oil & Gas Equipment & Services	30.72%
Offshore Oil Engineering Co Ltd SHG:600583	Oil & Gas Equipment & Services	20.81%
Worley Ltd AU:WOR	Oil & Gas Equipment & Services	-1.28%
Exmar NV BR:EXM	Oil & Gas Equipment & Services	0.15%

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

$679.83 Million

CN¥4.65 Billion CNY

Market Cap Rank

#10871 Global

#3039 in China

Share Price

CN¥10.12

Change (1 day)

+2.22%

52-Week Range

CN¥6.40 - CN¥14.55

All Time High

CN¥32.45